The latest Pew Research Center’s Global Attitudes Project's survey of public perceptions (pdf here) (via Economix) on various factors related to the economy and their well-being reveals certain interesting features. In particular, for India, there are some interesting findings.
Indians are generally less optimistic across a range of indicators than are their emerging market counterparts.
In contrast, the Indian rich are far more gung-ho about their prospects and that of the economy across a range of indicators. In fact, the difference in economic attitudes between people with high incomes and people with low incomes is most notable in India. By a margin of 25 percentage points, high-income Indians are more satisfied than low-income Indians with their personal economic situation.
Predictably, 92% of Indians blamed the government for the current economic problems. But surprisingly, 64% of Indians blamed themeselves for their present state.
Indians are generally less optimistic across a range of indicators than are their emerging market counterparts.
In contrast, the Indian rich are far more gung-ho about their prospects and that of the economy across a range of indicators. In fact, the difference in economic attitudes between people with high incomes and people with low incomes is most notable in India. By a margin of 25 percentage points, high-income Indians are more satisfied than low-income Indians with their personal economic situation.
Predictably, 92% of Indians blamed the government for the current economic problems. But surprisingly, 64% of Indians blamed themeselves for their present state.
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