2050 Source: Frontier Market Asset Management, WDI Database, 2012.

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Presentation transcript:

2050 Source: Frontier Market Asset Management, WDI Database, 2012

2050 Source: Frontier Market Asset Management, WDI Database, 2012

“Developed” in 2050…. Source: Frontier Market Asset Management, WDI Database, 2013

Gems and Diamonds in the Rough…. Source: Frontier Market Asset Management, WDI Database, 2012

2050 Source: Frontier Market Asset Management, WDI Database, 2012

Gems and Diamonds in the Rough…. Source: Frontier Market Asset Management, WDI Database, 2012

Culture…? Trust is related to income… and cultural history Trust is also cultural. It is interesting to consider that some of China’s economic success may have come from its high level of trust. Democracy & Trust, Mark Warren, 1999

Culture…? World Values Survey, 2008 Trust is also cultural. It is interesting to consider that some of China’s economic success may have come from its high level of trust. World Values Survey, 2008

Culture…? Could this reverse…! World Values Survey, 2008 Trust is also cultural. It is interesting to consider that some of China’s economic success may have come from its high level of trust. World Values Survey, 2008

Culture…? Subjective Well Being World Values Survey, 2008 Trust is also cultural. It is interesting to consider that some of China’s economic success may have come from its high level of trust. World Values Survey, 2008

Veto Points Source: Veto Players, Tsebelis, 2001

Optimism – Pew Survey . A study of global attitudes by the Pew Foundation found that money does buy happiness (at least as measured by satisfaction with your life on a scale of one to ten).

Optimism – Pew Survey Kenya However, the relationship of optimism to income is reversed.

Optimism – Pew Survey . And the question was asked: “Will your children be better off than you?” In Japan 90% said no. In the U.S. 69% said no. The optimists are in the poor world.

Optimism: Determination

Optimism: Determination

Optimism: Determination

Here is an image from Beirut, where I went jogging in the early morning and found this graffiti that expressed hope for the world.