Anti-Americanism Down in Europe, but a Values Gap Persists
Europeans generally reacted positively to President Obama’s re-election, just as they did four years ago. But despite Obama’s re-election at home and continued popularity in Europe, his presidency has not closed the long-running transatlantic values gap on issues such as the use of military force, religion, and individualism.
Deepening Economic Doubts in India
The economic euphoria in India over the last few years, inspired by the country’s seemingly inevitable march toward double-digit growth, has soured. Although still relatively upbeat compared with many other countries, the Indian public’s confidence in their country’s direction and future economic growth has declined significantly.
The World Is Losing Faith in Hard Work
Add faith in the work ethic and in capitalism to the lengthening list of casualties from the Great Recession. Four years after the Lehman Brothers’ fiasco and the ensuing global economic downturn, the idea that effort in a competitive economy can lead to success is seriously questioned in a number of major economies, including Japan, Russia and Greece, especially among those who have suffered the most.