Young voters in Asia are emerging as a critical demographic in shaping electoral outcomes. In the upcoming 2024 Indonesian general election, for instance, millennials and Gen-Z voters comprise more than half of the eligible voting population. This significant proportion underscores their potential to decisively influence the presidential and legislative elections.
In Taiwan, whom young people ultimately vote for — and how many vote at all — could be crucial in deciding the presidential election on Jan. 13. About 70% of Taiwanese in their 20s and 30s voted in the 2020 presidential election, a lower share than among middle-aged and older voters, according to official data. People ages 20 to 34 count for one-fifth of Taiwan’s population, government estimates show.
Meanwhile, in India, there has been an ongoing concern about the number of young people who are eligible to vote but do not. Prime Minister Modi took to Twitter before the recent state elections to encourage young and first time voters.
Continue reading “Young voters in Asia”
A guest post by Kamal Madishetty, this article was originally published on Chintan
By recasting an elite diplomatic grouping as a mass movement, India has democratised the G20 and shown that the collective popular wisdom deserves to be heard.
Multilateralism, the practice of coordinating international efforts among multiple nations to address global challenges, has long been considered a cornerstone of global governance. It seeks to promote cooperation, ensure peace and security, and address pressing global challenges. However, in recent years, multilateralism has faced significant challenges that threaten its effectiveness and relevance.
The rise of populism and polarisation in the West, the predatory practices and aggressive foreign policy of China, and increasing geopolitical tensions across the world have all weighed down on multilateralism in recent times. In particular, the COVID-19 pandemic and the conflict in Ukraine have raised the most potent challenges to the future of multilateral cooperation. It is in this extremely difficult context that India assumed the presidency of G20, the grouping of the world’s 20 biggest economies and consequently, 20 of the most influential actors on the planet.
Continue reading “India’s G20 Presidency has given Multilateralism a human touch”
Following up from our previous situational brief on Taiwan’s elections, some dramatic developments last week.
Continue reading “Taiwan: situational update”
- The Kuomintang (KMT) and the Taiwan People’s Party (TPP), had agreed to field joint candidates in the upcoming presidential election, increasing the chances of the ruling Democratic Progressive Party (DPP) losing power.
- However, the panel of polling experts chosen by the parties was unable to reach an agreement on who will lead the joint ticket.
- The experts recommended continuing the discussion at a later date.
- The candidate registration deadline is November 24, and there is still the possibility of a last minute deal.
With interest in third-party and insurgent presidential candidates in the US at a high point, our team thought it would be fun to do a series diving into some outsider candidates from previous campaigns, both presidential and primary runs. Today, we’re looking at Ross Perot’s 1992 run for the presidency.
Ross Perot was born on June 27, 1930, in Texarkana, Texas, and made a name for himself not just as a successful businessman and billionaire, but also as a noteworthy political figure. He was the driving force behind Electronic Data Systems (EDS) in 1962 and later, Perot Systems in 1988, both big hits in the IT world.
Continue reading “Ross Perot’s 1992 presidential campaign: flashback”
The current economic developments in Bangladesh, particularly in its apparel industry and regarding foreign reserves, reveal a mix of past growth and current challenges.
Continue reading “Bangladesh’s economy: Situational brief”
- Apparel Industry Growth: Over the past decade, Bangladesh’s apparel industry has seen significant growth. From 2011 to 2019, Ready-Made Garment (RMG) exports from Bangladesh more than doubled, increasing from $14.6 billion to $33.1 billion, marking a compound annual growth rate of 7%.
- 2023 Slowdown in Apparel Industry: However, 2023 presents a downturn for this key sector. A global slowdown is anticipated to heavily impact Bangladesh’s garment industry, with export growth expected to fall by approximately 3 percentage points. This reduction is attributed to a deceleration in global clothing demand, which is set to add pressure on Bangladesh’s GDP and its dwindling foreign exchange reservess.
- Wage Protests and Increases: The Bangladeshi government announced a 56% increase in the monthly minimum wage for garment workers, raising it to $113 from the previous $75. Despite this increase, workers have continued to protest, demanding further wage increases. These protests have sometimes turned violent, with instances of vandalism and clashes with police.
Taiwan’s upcoming January 2024 presidential election is a pivotal moment in its political landscape, marked by the candidacy of four main contenders: Vice President Lai Ching-te of the Democratic Progressive Party (DPP), Hou Yu-ih of the Kuomintang Party (KMT), Ko Wen-je of the Taiwan People’s Party (TPP), and independent candidate Terry Gou. This election is closely watched by both Washington and Beijing, given its implications for cross-Strait tensions and Taiwan’s global relationships.
The election’s focus is on managing relations with China, a key foreign policy issue, alongside domestic concerns such as economic and environmental policies. Lai Ching-te emphasises increasing Taiwan’s autonomy and security through closer relations with the United States and other democracies. The DPP has been at the helm during a period of growing tensions in the Taiwan Strait. Conversely, Hou Yu-ih from the Kuomintang (KMT) party, campaigns on averting war with China, asserting that the KMT is better equipped to manage cross-strait tensions.
Continue reading “Taiwan’s Presidential Elections: Situational brief”
China’s electric vehicle (EV) industry plays a critical role in its geopolitical strategy, especially as it gains increasing market share in both Western Europe and Asia. In 2023, China’s EV market, accounting for 60% of the global total, is expected to maintain strong growth. The country led global EV sales in 2022, representing around 60% of these sales. This dominant position isn’t just an economic triumph; it’s a strategic move in the realm of soft power and international influence, positioning China as a key player in shaping the future of global transportation and energy policies. It’s a fascinating mixture of technology, geopolitics, soft power and marketing. All in a package that is visible and impactful in the day-to-day lives of regular people.
In Western Europe, Chinese automakers are steadily increasing their presence. They accounted for about 8.4% of the region’s EV market, up from 6.2% the previous year. Made-in-China EVs comprised 11.2% of all EVs sold in Germany in the first half of 2023, and the overall market share of China-based car brands in Western Europe’s EV market is expected to grow from 6% to 9% in 2023. This growth is indicative of China’s expanding influence in one of the world’s key automotive markets.
Continue reading “Chinese electric vehicles & soft power”