FT – Why the World’s biggest political leaders are so unpopular

Amidst Joe Biden's historic low approval ratings, a global trend emerges as leaders in developed nations grapple with unprecedented unpopularity. Tracking 20 democracies, no leader surpasses a 50% approval rating, signalling a broader decline in national morale. Age, economic challenges, and social media polarisation contribute to the discontent. In contrast, leaders in developing nations maintain higher approval, possibly due to sustained growth. The erosion of faith in the capitalist system poses a threat to incumbents, with elections looming and a shift away from the traditional correlation between economic data and political support.

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By Ruchir Sharma – Chair of Rockefeller International

Voters are reacting to long-term problems, and looking for fresh fixes

Joe Biden's record low popularity ratings get a lot of attention, yet leaders across the developed world are in a similar predicament to the US president — they have rarely been this unpopular.

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