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Asia’s Young Optimistic About Short-term Outlook: MasterCard

The inaugural MasterCard Youth Confidence Index report shows that youth in the emerging markets of Asia Pacific (such as Myanmar, Indonesia and India) are largely optimistic about the near future, while those in developed markets (especially Japan and Taiwan) reflected lower levels of confidence.

Amongst emerging markets, youth in Bangladesh were the least optimistic possibly due to the challenges faced by the country in 2013. In contrast, Myanmar’s consistently positive attitudes of their young people towards the economy, employment and regular income prospects could be attributed to its eventful year filled with much progress.

Across all markets, youth were most optimistic about their regular income prospects and least optimistic about their present life situation.

How did youth in all markets fare? Find out more: .