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It is little wonder then that in nearly all G20 nations, people economy is doing well today, that is down from 74% in
are unhappy with the direction of their country, disgruntled 2007.
about the state of their nation’s economy, and divided about
the economic future. But G20 publics know when things are going well. In
China, where the International Monetary Fund expects the
In the 14 G20 nations the Pew Global Attitudes project economy to grow by 10.5% this year, people are the most
surveyed in April 2010, 61% of people were dissatisfied positive about their domestic economic situation, by far;
with the way things were going in their society. Among G20 about nine-in-ten Chinese say times are good. In Brazil,
populations, only the Chinese refuse to be gloomy, doubt- where the IMF expects 7.5% growth this year, ratings of the
less a reflection of Beijing’s success in weathering the recent national economy are the second-highest: 62% have a posi-
economic storm. Nine-in-ten (91%) Chinese surveyed say tive assessment.
they are satisfied with conditions in their society.
And G20 populations remain optimistic about the future.
Pluralities in 8 of the 14 G20 countries Pew surveyed think
In nearly all G20 nations, people their economy will improve in the next 12 months. The
most optimistic are the Chinese (87%), with 22% saying it
are unhappy with the direction of will improve “a lot”; the Brazilians (75%), with 36% saying
“a lot”; the Indians (64%), with 17% very optimistic; the
their country, disgruntled about the Indonesians (56%), with 13% saying “a lot”; and the Ameri-
cans (56%), with 13% very optimistic. The most pessimistic,
believing the economy will worsen over the next year, are
state of their nation’s economy, the French (43%) and the Turks (40%).
and divided about the economic According to IMF projections, many of these people are
likely to be disappointed, complicating the G20 leaders’
task. Despite their publics’ optimism, growth is expected to
future. be slower in 2011 than in 2010 in China, Brazil, India, and
the United States.
The cause of discontent in most G20 societies is dissatisfac- Among those surveyed who think their economy is
tion with the state of the economy. Many economists believe currently doing poorly, people overwhelmingly blame their
that the world is slowly recovering from the worst down- own government. Only in Germany does a plurality blame
turn since the Great Depression. But strong majorities in 10 the banks and other financial institutions.
of 14 G20 nations still give their country’s current economic
situation a failing grade. This includes 88% of Japanese, 87% This may explain why financial sector regulation has
of the French, 80% of Koreans, 79% of the British, and 75% sparked less populist support than many reform-minded
of both Mexicans and Americans. commentators had expected. But it also suggests that G20
publics will ultimately hold their governments accountable
In most nations, the portion of the public that thinks their if reform efforts peter out with no significant strengthening
economy is doing well is only a fraction of what it was of regulation.
before the Great Recession hit. In 2007 in the United States,
50% of the public thought the economy was doing well. In Whoever is accountable, half or more of the population in
2010, only 24% think so. Similarly, in France (13%) and 10 of 14 G20 countries Pew surveyed thinks their govern-
Japan (12%), the portion of the public saying their economy ment is doing a poor job dealing with the economy. This
is good is less than half the number who felt that way just includes more than two-thirds of the people in Japan (84%),
three years ago. And, while 57% of Indians think their Korea (72%), and Argentina (68%). And close to a third of
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the people in Japan and Turkey and a quarter in the United the Chinese, 84% of whom back the free-market system,
States and Britain are even more judgmental. They say up from 70% in 2002. It would appear that nothing breeds
their government has done a very bad job managing the support for the free market like economic success.
economy.
Since 2007, of the 12 G20 countries Pew has surveyed
Satisfaction with governments’ handling of the economy and for which there is comparable data, support for capi-
tracks with a positive assessment of the current economy talism is actually up in eight countries, down in three, and
and high hopes for the future. The Chinese, Brazilians, and unchanged in one: the United States. Free market support is
Indians are all among the most upbeat about economic down 8 percentage points in Britain and 6 points in Japan.
conditions, the most optimistic about the next 12 months But it is up 18 points in Indonesia, 11 points in France, 8
and most likely to praise their public officials’ handling of points in Germany, and 6 points in South Korea.
the economy. Whether this optimism and support for their
economic leadership can be sustained if the IMF proves Similarly, contrary to warnings against protectionism made
correct and growth slows over the next year is one of the in past G20 statements and pundits’ predictions of rising
imponderables G20 leaders must consider in Seoul. anti-globalism in the wake of the crisis, there is, as yet, little
evidence of a protectionist backlash among the public.
People in most G20 economies would like their govern-
ments to do more, at least when it comes to regulating
the financial sector, a task that has been one of principle
Contrary to widespread fears
objectives of G20 work. This is particularly the case in
Western Europe, where overwhelming majorities — 91% that the global recession would
in Germany, 85% in Britain, and 78% in France — think it
would be a good idea for the government to more strictly undermine public support for free
regulate the way large financial companies, such as banks,
do business. A smaller portion of Americans (62%) agree.
However, the Asian publics Pew surveyed are not so sure
markets and globalization, backing
more regulation is in order. Barely half of South Koreans
(52%) and only a third of Japanese (34%) think tighter remains strong among most G20
financial regulatory strictures are a good idea. As the G20
wrestles with implementation of agreed upon financial publics.
reforms, such as the Basel III rules for banks, and new
financial challenges, this divide may foreshadow problems.
Trade is given overwhelming support in all G20 countries,
especially in China (93%), Germany (90%), India (90%),
Impact on the Free-Market System and South Korea (88%). Notably, the weakest support
Contrary to widespread fears that the global recession among the G20 countries surveyed is in the United States.
would undermine public support for free markets and Only 66% of Americans think growing business ties
globalization, backing remains strong among most G20 between countries are good for the United States. Overall,
publics. support for trade has gone up in 7 of 13 countries with
comparable data.
Only in Japan (43%), Argentina (40%), and Mexico (44%)
is there less than majority support for the proposition that With trade held in such a favorable light by such a large
people are better off in a free-market economy, even though portion of the global public, the intensity of such feelings
some people are rich and some are poor, according to Pew. may be a better indicator of sentiment. Half of Turks (50%)
Somewhat ironically, the most supportive of capitalism are and almost as many Indians (47%) say trade is very good for
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their country. But Americans (17%) and Japanese (16%) are 27% of the French are that certain. A much smaller portion
far less passionate. (16%) of the six G20 publics GMF surveyed sees Russia as a
likely world leader in 2015.
In one sign of the adverse impact of the global recession
on China’s exports and thus on people’s jobs, only one-in- But there is a wide variance in opinion about the future
five (20%) Chinese now think trade is very good for China, role of China. Seven-in-ten (71%) Americans say Beijing is
down from 38% in 2007 before the downturn in world very likely to exert strong leadership. But only 38% of the
trade. Moreover, 27% of Americans say trade is bad for the Germans and 27% of the French strongly agree.
United States.
There are similarly mixed reviews of the leaders of the G20.
U.S. president Barack Obama is widely trusted to do the
Leadership Roles in the G20 right thing in world affairs. Nine-in-ten Germans say they
The G20 was created to broaden responsibilities for the have at least some confidence in Obama, as do more than
leadership of the global economy. But among G20 publics, eight-in-ten in France (87%) and Britain (84%). Ratings of
economic leadership is still equated with a country’s GDP Obama are also overwhelmingly positive in Japan (76%),
and a nation’s recent economic performance, not some new South Korea (75%), India (73%), and Indonesia (67%),
multilateral governance structure. according to Pew. A smaller percentage of Americans (65%)
share this view.
In eight of 14 G20 societies surveyed by Pew, the United
States is considered the world’s leading economic power. Meanwhile, a much narrower majority in China (52%)
The strongest support for the United States is in South expresses at least some confidence in the American presi-
Korea (77%). The biggest drop in backing for American dent. A majority of Brazilians (56%) say they have at least
leadership is in Japan, a decline of 18 percentage points in some confidence in Obama, a view shared by nearly half of
just a year. Argentines (49%). Mexicans are evenly split; 43% express
confidence in Obama and 43% do not.
U.S. president Barack Obama is Backing for Obama has declined in Turkey since he first
took office, dropping 10 percentage points. Support for the
widely trusted to do the right thing American leader has also fallen 12 points in Argentina, 9
points in Japan, and 9 points at home in the United States.
in world affairs. In the Western European G20 countries Pew surveyed,
where overall support for Obama is unchanged, fewer give
the American president the enthusiastic endorsement they
People in five other countries see China as the leader. The gave him when he first took office. In Germany, 46% say
greatest support for China is in Germany (51%) and Japan they have a lot of confidence in Obama to do the right thing
(50%). And Japanese backing for Beijing has grown 29 in world affairs, compared with 56% who expressed similar
percentage points since 2009. Notably, Americans are more levels of support in 2009. In France, a quarter (25%) now
likely to pick China than their own country as the world’s say they have a lot of confidence in Obama, down from 34%
leading economic power. who said the same in 2009. And in Britain, 36% express
similarly intense levels of confidence in the U.S. president in
Looking ahead, publics believe it is most likely that the 2010; 43% did so in 2009.
United States will exert strong leadership in world affairs
in 2015. According to the GMF survey, 70% of Americans With regard to the international economy, majorities in
strongly believe Washington will play that role five years 9 of 14 G20 nations overwhelmingly approve of Obama’s
from now. And 58% of the British strongly agree. But only handling of the economic crisis. The least supportive are
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the Turks, only 17% give Obama’s record a positive grade. in Merkel. Germany is the only European nation surveyed
Americans are divided, 46% approve, 46% disapprove of in which a majority (52%), albeit a slim one, expresses
Obama’s international economic record. confidence in Sarkozy to do the right thing in world affairs.
In France, fewer people have confidence (47%) in their
GMF found similar support. Three-quarters (76%) of people president than do not (53%). Favorable views of the French
in the four European G20 members that GMF surveyed president are even less common in Britain (37%). Four-in-
think Obama is doing a good job handling the international ten people in Russia and the United States have confidence
economy. Only 52% of Americans agree, however. And only in Sarkozy’s global leadership. In Turkey, 71% currently
30% of Turks approve. have little or no confidence in Sarkozy’s handling of foreign
Moreover, approval of Obama’s international economic affairs.
policy is down 14 percentage points in France, 9 points in Confidence in Russian President Dimitry Medvedev is
Germany, and 17 points in Turkey since 2009. limited, although the public’s assessment is more positive
Leaders of other G20 countries are less well known than than last year. Pluralities in India (44%), China (43%), and
Obama. A majority of Argentines (62%) and Mexicans the United States (38%) express confidence in his ability to
(53%) and a plurality of Indians (46%), Indonesians (39%), handle foreign policy. American opinions of Medvedev have
and Koreans (37%) say they don’t know enough about grown more positive since 2009, when 30% expressed confi-
German chancellor Angela Merkel to voice an opinion. dence in him. Many in Argentina (62%), Mexico (52%),
Moreover a third of Americans, Russians, Japanese, and India (39%), and Indonesia (35%) have no opinion of the
Brazilians and a quarter of Turks also say they don’t know Russian leader.
her well enough.
Positive views of Russian President
Among G20 populations that do have an opinion, confi-
dence in Merkel is most widespread in France. About eight-
in-ten French (81%) have confidence in the chancellor to Dimitry Medvedev have become
do the right thing in international affairs. A large majority
(72%) in Merkel’s home country hold the same view. In more common in Europe.
Britain, 60% express confidence in Merkel, up from roughly
half (51%) the previous year.
Overwhelmingly, Medvedev remains popular at home; a
The most negative view of the German leader’s foreign large majority of Russians (74%) have confidence in their
policy skills is in Turkey. A large majority in Turkey (69%) president. Positive views of the Russian leader have also
have little or no confidence in Merkel’s international deci- become more common in Europe. Germans give Medvedev
sions. his highest marks among the European G20 nations
polled by Pew. Half now express confidence in him, up 18
French president Nicholas Sarkozy, who will lead the G20 in percentage points from 2009. Significant increases have also
2011, suffers from the same lack of widespread recognition taken place in France (up 13 percentage points) and Britain
among many G20 publics. Nearly half of Mexicans (49%), (up 9 points). However, in Turkey, negative assessments of
Argentines (48%), and Indians (47%) told Pew pollsters that Medvedev continue to prevail; 69% say they lack confidence
they have no opinion of him. The same was true for a large in him, up slightly from 2009 (64%). Many Turks say they
portion of Indonesians (36%), Russians (33%), Koreans are unfamiliar with the Russian leader.
(32%), Americans (28%), and Chinese (28%).
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The China Challenge And the G20 publics GMF has surveyed disagree on
Public attitudes toward China, the second largest economy whether the Chinese share sufficient values and interests
among the G20 countries, highlight the difficulties G20 with them to be able to cooperate on international prob-
governments may have in cooperating on key international lems. A majority of Americans (53%) think they have
economic issues when they meet in Seoul. Majorities in common values with the Chinese and 58% think they share
Japan (69%), Germany (61%), France (59%), South Korea common interests. But a strong majority of the French
(56%), and India (52%) give China an unfavorable rating, (65%), Germans (78%), British (56%), and Italians (65%)
according to Pew. A third of Americans (36%) agree. say the Chinese do not share their values. And a majority
Among G20 publics, only in Russia (60%), Indonesia (58%), of the French (57%) and Germans (60%) and a plurality of
and Brazil (52%) do people see China in a favorable light. the British (48%) and Italians (46%) do not think they have
common interests with the Chinese.
economic issues. Despite the toll exacted by the economic crisis, majorities
in all 14 G20 countries Pew surveyed believe that protecting
the environment should be given priority, even if it causes
slower economic growth and some loss of jobs. The stron-
Concerns about China’s economic might are high among gest support was in countries that have best weathered
many publics. People in France (67%) are the most likely of the economic downturn: India (86%), South Korea (82%),
all the G20 countries Pew surveyed to say China’s growing China (80%), and Brazil (80%). The least willingness to
economy is a bad thing for their country. Majorities in sacrifice growth and jobs for the good of the environment
Turkey (60%), Germany (58%), and India (56%) agree. was found in Japan (57%) and France (54%).
Pluralities in South Korea (49%) and the United States
(47%) share similar concerns. But pluralities in Russia And the crisis has clearly taken its toll on public support
(49%) and Mexico (41%) actually think China’s growing for the environment. The willingness to sacrifice was down
economy is a good thing. And the portion of the public that in 7 of 11 G20 countries where there is comparable data,
is negative about China has gone down significantly in the with the biggest drop in Japan, where backing is down 10
last year in Mexico, Japan, and even the United States. percentage points.
The Chinese receive mixed reviews for their global In all but one of the 14 G20 nations Pew surveyed, at least
economic leadership. A plurality of the British (46%), three-quarters of the population perceive global climate
Germans (42%), and Americans (40%) think Beijing plays a change as a serious or very serious problem.But publics
positive role in managing the world economy, according to differ in just how much they are worried. Brazilians show
GMF. A plurality of the French (43%) and the Italians (43%) the greatest intensity of concern about global warming by
think they play a negative role. far, with 85% reporting that climate change is very serious.
Anxiety regarding climate change is also high in Turkey,
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where 74% of the population is very worried, as are large In contrast, even though the Chinese are less likely than
portions of the population in South Korea (68%) and most other publics to consider global warming a very
Mexico (68%). serious problem, they are by far the most willing (91%) to
see prices rise to cope with this challenge. Indians (73%)
Americans and Chinese, the world’s two worst emitters and South Koreans (71%) agree.
of carbon dioxide, are relatively less troubled by global
warming, with only 37% of Americans and 41% of Chinese Beijing and Washington are accorded distinctly different
saying climate change is a very serious challenge. report cards for their efforts in fighting climate change. And
this public assessment may affect their stature in Seoul and
beyond in leading efforts to slow global warming. Three-
Despite the toll exacted by the in-five (64%) of the European members of the G20 nations
surveyed by GMF approve of President Obama’s handling
economic crisis, majorities believe of the climate issue in the last year. The most satisfied were
the Italians (71%). China’s efforts, however, are harshly
that protecting the environment criticized: two-thirds (66%) of European and American
members of the G20 think Beijing plays a negative role in
fighting climate change.
should be given priority, even if it
Development
causes slower economic growth Development in Africa, Asia and Latin America and the
responsibilities of the G20 members to aid in the recovery
and some loss of jobs. and growth of these economies will also be a major subtext
of the Seoul summit.
Of even greater salience to this year’s G20 summit in Seoul,
concern about climate change is ebbing in many key G20 Pew asked people in nine of the G20 countries who they
societies. The intensity of sentiment has declined, notably think is doing the most to help poor countries develop. The
in several of the wealthier G20 countries. The portion of results were illuminating. In five of the nine societies —
the public saying climate change is a very serious problem Russia, Turkey, China, Argentina, and Brazil — people were
is down 22 percentage points in France (from 68% to 46%), most likely to name their own country as doing the most for
down 20 points in Japan (from 78% to 58%), and down 10 the world’s poor. The Indonesians, the Indians, the Koreans,
points in the United States (from 47% to 37%) from 2007 to and the Mexicans think the United States is having the
2010. greatest positive impact on Third World development. And
America was the second most named in Turkey, Argentina
Despite the general consensus that the environment should and Brazil. Nevertheless, it is clear that there is no general
be protected, even to the detriment of economic growth, consensus on who among the G20 is doing the most for the
G20 publics are divided about whether individuals should poor. Even though the United States is the top pick in four
pay higher prices specifically to address climate change. countries, only in South Korea did a majority of the public
In six of the 14 G20 nations Pew surveyed, majorities or name America as the most helpful to poor nations.
pluralities think consumers should not pay more to slow
atmospheric warming. This included a majority of the Indo- China’s contribution to Third World development is judged
nesians (63%), the French (61%), the Mexicans (60%), and more severely. GMF asked people whether they think China
the Americans (58%). plays a positive or negative role in fighting world poverty. In
the European G20 nations and the United States, only 52%
think Beijing plays a positive role. The French are particu-
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