Audio By Carbonatix
A BBC World Service survey in 25 countries has found strikingly different attitudes to the economic outlook between rich and developing countries.
In the rich world, consumers were pessimistic, while in emerging economies people were more upbeat.
It is a pattern that reflects the very uneven recovery from the recent global recession.
More than 25,000 people were surveyed by the polling firm Globescan.
Japan, France and Britain emerged as particularly gloomy. The percentage expecting good times in all three countries was in single figures. More than half expected bad times.
Recession danger
The picture across the rich world was one of pessimists outnumbering the optimists, though by smaller margins.
The one exception to this pattern was Germany, where 36% expected good or mostly good times, well ahead of those who were downbeat. Even there, the optimists were outnumbered by those expecting a mix of good and bad times ahead.
In the developing world, optimists outnumbered pessimists in nearly every country surveyed. In Nigeria more than seventy per cent expected good times. The results were strongly upbeat in Kenya and Egypt as well.
There was one exception, Pakistan, where pessimists were slightly more numerous. In Russia, Chile and Ecuador, the optimists were only just ahead.
The difference in attitudes does broadly reflect recent economic performance: strong growth in many emerging economies, sluggishness in the rich world.
It is also consistent with most forecasts, which suggest an increasing danger of at least some developed economies sliding back into recession.
The research was done between July and September this year.
Since then the situation in the world's biggest economic trouble spot - the eurozone - has moved on and in some respects the uncertainty there has deepened.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Vanderpuye: NDC welfare system needed to support former officials, cadres
4 minutes -
Chamber of Mines extends support to Akropong, Mampong Special Schools
7 minutes -
Tumu chiefs, MP back clearance of road corridor for Ghana-Burkina road corridor
12 minutes -
‘Democracy Is Not For Sale’: Monetisation of elections could lead to wrong people entering Parliament – UDS lecturer
23 minutes -
COCOBOD increases cocoa producer price to GH¢42,400 for 2026/27 season
26 minutes -
Atebubu College of Education receives GETFund boost after years of infrastructure neglect
29 minutes -
64 arrested over alleged unlawful possession of firearms at Achimota lounge
47 minutes -
Savannah Regional Minister calls for clear rules to distinguish generosity from vote-buying
50 minutes -
TOR secures 950,000 barrels of Sankofa crude from GNPC
52 minutes -
NAGRAT calls for probe into alleged inflation of School Feeding enrolment figures
58 minutes -
Four more arrested over alleged 2026 school placement fraud
1 hour -
646 military recruits pass out after six-month infantry training at Shai Hills
1 hour -
The importance of technology and artificial intelligence in tourism
1 hour -
PURC warns of water supply challenges as Sekyere Hemang plant operates below capacity
2 hours -
18-Years – A perfectly synchronous age of consent and marriage
2 hours