Views on National Economies Mixed as Many Countries Continue to Struggle [REPORT]

Almost a decade after the global financial crisis rattled national economies, many in the world feel their respective countries’ economies remain weak. A new Pew Research Center survey reveals a bleak picture in parts of Europe, with more than eight-in-ten in Greece, France and Spain describing their country’s economic situation as bad. This gloom is not shared by all in the European Union, however – most Swedes, Germans and Dutch say their economy is doing well. And in China, India and Australia, views are mostly positive.

Just three of the 12 nations for which trends are available have seen an increase of public confidence in their national economy in the past year. This mirrors the International Monetary Fund’s projection that 2016’s global growth will be modest and fragile. In two major economies – Canada and Japan – views about economic conditions have become more negative than they were in 2015.

In many of the countries polled, though, there is little change in economic sentiment, with many, including the United States, struggling to improve to pre-recession levels.

These are among the main findings from a new survey by Pew Research Center, conducted in 16 countries among 20,132 respondents from April 4 to May 29, 2016, before the United Kingdom’s so-called Brexit referendum to exit the EU.

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