2024 will be Asia’s time to shine–but a series of pivotal elections could change everything

From Fortune:

2024 ahead: elections, global monetary policy, geopolitics, with wars in Europe, Middle East. Asia expected to outperform global economy, leaders in the region face important elections: Taiwan on Jan 13, Indonesia Feb 14, India Apr-May. Possible impacts on biz.

In 2024, dozens of countries representing half global population conduct elections, with Asia at focus. Taiwan election to determine U.S.-China relations impact, meanwhile Indonesian Preseident Joko Widodo expects economic growth to top projections. Indian elections seen as crucial for global investors. Good returns expected from Indian general elections.

Asia’s regional banks may cut rates, Nomura expects election results to impact economic outlooks in specific countries. Professors weigh the geopolitical impact of the elections, even as Nomura projects potential economic downturn.

As the world looks ahead to 2024, many are seeing Asia as a place of great potential. Geopolitical challenges, elections, and economic strategies will test the regional economy, but signs point to growth and strong investment opportunities.



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