Economic Growth

Fast forward 20 years. Will today's children be better or worse off than you?

A child plays with his mother amongst ginkgo trees, outside Beijing's Diaoyutai Guest House on an early winter day, November 16, 2008.   REUTERS/Jason Lee (CHINA) - RTXANE4

A study from Brunswick asked participants if they think children will be better or worse off financially than them at the same age. Image: REUTERS/Jason Lee

Frank Chaparro
Finance and Markets Intern, Business Insider
Share:
Our Impact
What's the World Economic Forum doing to accelerate action on Economic Growth?
The Big Picture
Explore and monitor how Economic Progress is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Economic Progress

Parents want their children to live in a better world than the one they grew up in.

But today's slow-growing global economy has people across the world less certain that tomorrow's economy will provide a solid foundation for the next generation.

Brunswick, the international advisory firm, has just released their global survey of over 40,000 people from 26 countries.

The survey spans generations, geographies and measures global sentiment on an array of topics such as globalization and automation.

In order to gauge a country's optimism about the future they asked survey respondents the following question:

When today's children in your country are your age how will they be doing financially compared to where you are right now? Would you say better, worse, or about the same?

The study found that emerging markets (40% net optimism about their children’s future) were far more optimistic than developed countries (9% net pessimism about their children’s future). Here are the 14 countries from the survey that were net optimistic about the future.

14. South Africa - 1%

13. USA - 6%

12. Poland - 15%

10. Denmark - 20%

9. Finland - 22%

8. Singapore - 24%

7. Hong Kong - 32%

6. Brazil - 34%

5. Thailand - 41%

4. Indonesia -60%

3. United Arab Emirates - 63%

2. India - 73%

1. China - 74%

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

How can we bridge the gap between economic fact and economic sentiment? A new report sheds light

Pedro Conceição

April 22, 2024

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2024 World Economic Forum