'Emerging economies view corporations more favourably'

Private corporations are viewed more favourably by emerging economies than developed nations, that's the crucial finding of the CNBC-Burson Marsteller Global Perception Indicator- a survey conducted by research firm Penn Schoen Berland across 25 countries, 25000 individuals and 1800 corporate executives.

Private corporations are viewed more favourably by emerging economies than developed nations, that's the crucial finding of the CNBC-Burson Marsteller Global Perception Indicator- a survey conducted by research firm Penn Schoen Berland across 25 countries, 25000 individuals and 1800 corporate executives.

72 percent of people living in emerging economies view corporate favourable as against 52 percent in emerging markets.

Here is one piece of data thrown up by the survey that is the most striking- 84 percent of people in China view corporations as a source of "hope" and in the United States only 36 percent agree with that view.

So, is the west getting skeptical about capitalism? And why are emerging economies viewing corporates more favourably? Don Baer CEO, Burson Marsteller believes that the economic recovery has not benefitted everyone in the developed world.

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