34% of Pak­ista­nis see 2011 dif­fi­cult for econ­omy: Gallup sur­vey

The Pak Banker - - National -

IS­LAM­ABAD: Gallup Sur­vey Pak­istan has claimed that 34 per­cent Pak­ista­nis ex­pect 2011 would bring eco­nomic dif­fi­culty while there was shift of power and pros­per­ity from West to the East.

Chair­man Gallup Pak­istan Dr.Ejaz Shafi Gi­lani while brief­ing the news­men about the Sur­vey find­ings here claimed that un­for­tu­nately this year the pub­lic opin­ion in Pak­istan is not hope­ful as only 13 per­cent think that 2011 will be a year of eco­nomic pros­per­ity while 34 per cent ex­pect it to be a year of dif­fi­culty thus giv­ing a neg­a­tive score of -21 per cent on Net Hope.

"The dev­as­ta­tion caused by floods dur­ing the mid­dle of the year cre­ated a mood of eco­nomic pes­simism among the pub­lic, de­spite the fact that the coun­try fought this calamity with courage and showed ex­tra or­di­nary re­silience", Dr. Ejaz added.

As the new cen­tury en­ters its sec­ond decade, both eco­nomic data and per­cep­tion data sug­gest that while wealth is still con­cen­trated in Europe and North Amer­ica, there is a shift of power and pros­per­ity from the West of the 20th Cen­tury to the East, he added.

He said these find­ings have de­rived from one of the largest global sur­veys cov­er­ing 53 coun­tries across all con­ti­nents in­clud­ing all the G7 coun­tries, the four coun­tries of emerg­ing BRIC ( Brazil, Rus­sia, In­dia and China) and an­other 45 coun­tries from Asia, Africa, Latin Amer­ica, Aus­trala­sia and in­clud­ing Pak­istan.

To­gether a sam­ple of over 64,000 sci­en­tif­i­cally se­lected men and women were in­ter­viewed by lead­ing poll­sters as­so­ci­ated with Gallup In­ter­na­tional. This is the sec­ond global sur­vey which the Group has con­ducted and re­leased dur­ing this month. The key ques­tion in the global sur­vey asked: "Would you say that 2011 will be a year of Eco­nomic Pros­per­ity, Eco­nomic Dif­fi­culty or re­main the same". At a global level 30 per cent of the world ex­pects that 2011 will be a year of Pros­per­ity and 28 per cent ex­pect it to be a year of Eco­nomic Dif­fi­culty, while 42 per cent think the eco­nomic sit­u­a­tion will re­main un­changed. The hope­fuls outscore the pes­simists by 2 per cent. That is the net Global Hope Score.

The data shows that global hope is highly con­cen­trated among the ris­ing eco­nomic pow­ers, the so called BRIC. The Hope Score for this Group is 35 per cent. In sharp con­trast the Hope Score for the Rich coun­tries of the world, known as the G7 (USA, Canada, Ger­many, France, UK, Italy, and Ja­pan) is in the neg­a­tive: -19 per cent. -App

IS­LAM­ABAD: Fed­eral Min­is­ter for In­for­ma­tion and Broad­cast­ing Qa­mar Za­man Kaira ad­dress­ing the lawyers of Is­lam­abad Bar As­so­ci­a­tion. -On­line

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