Optimism springs in emerging economies

This optimism about the future reflects in 78% in India saying they would recommend a young person to stay in the country if he wants a good life

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A new report by Pew Research Center says there is greater optimism in emerging and developing economies for the next generation. Sixty-seven per cent in India think their children will be financially better off, while in advanced economies such as the US and the UK it is only 28 per cent.

This optimism about the future reflects in 78 per cent in India saying they would recommend a young person to stay in the country if he wants a good life. But there is cause for concern as well. While 60 per cent of Indians feel that having a good education helps get ahead in life, 26 per cent say knowing the right people matters, 35 say being lucky helps, while 24 per cent say belonging to a wealthy family is important.

Seventy per cent Indians think that rising inequality, the gap between the rich and the poor, is a big problem, which 45 per cent think is due to the government's economic policies.

(All figures are percentage of people responding)