The improvement in the public’s economic mood has been dramatic in some nations, but pessimism about the future lingers, as does a sense that economic conditions were better pre-crisis.
Regardless of populist sentiments, people in Western Europe tend to favor parties that reflect their own ideological orientation. With regard to policy, too, ideology continues to matter.
Remittance flows decreased worldwide for a second consecutive year in 2016, the first back-to-back decline in over three decades. Remittances to Latin America and the Caribbean, however, rose to a record high.
Americans adopted around 5,370 children from other countries in fiscal year 2016. For the first time, males outnumbered females among adoptees from abroad.
Public debt has increased sharply in many countries in recent years, particularly during and after the Great Recession.
The European Union ranks as the world’s second-largest economy by gross domestic product, but few people globally see it as an economic leader ahead of China or the United States.