The year 2024 proved to be quite significant for the political landscape in Asia, with many democracies conducting elections to choose new leaders or representatives. However, this period also saw the downfall of notable figures such as Bangladeshi Prime Minister Sheikh Hasina, South Korean President Yoon Suk Yeol, and Vietnam's Vo Van Thuong, while Singapore's leader Lee Hsien Loong opted to resign.
Most of the forecasts made by readers of Nikkei Asia regarding the year played out as anticipated. The Bank of Japan began to implement interest rate increases, while China's economic growth continued to decelerate. Additionally, in a surprising turnaround, Donald Trump reclaimed the presidency in the United States. In a landmark decision, Thailand moved to legalize same-sex marriage, while the Nikkei Stock Average reached unprecedented heights. Meanwhile, Indian Prime Minister Narendra Modi and Myanmar's military government remained in power, although their control appeared to be somewhat weakened.
9 Comments
Marishka
This report doesn't mention climate change enough! It should be the top priority for Asian governments, not just economic matters.
Pupsik
Leaders stepping down or being replaced shows a healthy system! It proves there's no one clinging to power forever, allowing new ideas and approaches to emerge.
Marishka
It feels like Asia is all about powerful individuals right now, not broader movements or ideologies. What happened to collective action and citizen engagement?
Pupsik
Trump's return might bring back American leadership in Asia. We need more collaboration with the US to tackle common challenges like trade and security.
Marishka
Thailand legalizing same-sex marriage is a huge victory for human rights! Hopefully, other nations will follow their example and create more equal societies.
Leonardo
It's hard to feel confident with elections being manipulated and leaders holding onto power through force or unfair means. We need stronger democratic institutions in Asia, not just elections.
Muchacho
China's slowdown worries me. It could affect economies throughout Asia, including mine. We need more global cooperation and stability.
Bella Ciao
Where's the mention of collaboration? Asian nations achieving progress together would be much more powerful and inspiring than individual achievements. Let's see more regional partnerships, not just self-interest.
ArtemK
Modi's continued leadership gives India stability and continuity. He has ambitious plans for development, which can benefit many Indians and raise India's international profile.