A Rising Tide Lifts Mood in the Developing World
A 47-nation survey finds that as economic growth has surged in much of Latin America, East Europe and Asia over the past five years, people are expressing greater satisfaction with their personal lives, family incomes and national conditions. The picture is different in most advanced nations, where growth has been less robust and citizen satisfaction has changed little since 2002.
Chapter 6. Latin America
Support for free markets is increasing across Latin America, including in some countries such as Venezuela and Brazil that are governed by left-leaning presidents. Clear majorities in five of the seven Latin American countries surveyed say that “most people are better off in a free market economy, even though some people are rich and some […]