Numerous emerging markets are going to the polls in 2019. We survey some of the key results so far and look ahead to the big votes in the second half of the year.
An illustrated look at the elections that matter in 2019.
Numerous emerging markets are going to the polls in 2019. We survey some of the key results so far and look ahead to the big votes in the second half of the year.
An illustrated look at the elections that matter in 2019.
Ukraine
Generel election - April
In a television show, ‘Servant of the People’, Volodymyr Zelensky played a schoolteacher who accidentally becomes president. This year he became president for real, winning a huge majority in April’s election on an anti-corruption ticket. Zelensky has sought to reassure sceptical investors by affirming his commitment to reform and refusing populist calls to default on government debt.
Indonesia
General election - April
Joko Widodo beat retired general Prabowo Subianto to win his second term in office as Indonesia’s president, reflecting the popularity of his efforts to tackle corruption, boost growth and reduce poverty. Investors will be hoping for more progress on infrastructure investment and cutting red tape.
India
General election - May
Having won a decisive victory at the Indian election, Narendra Modi’s Bharatiya Janata Party is expected to use its majority to press ahead with policies to drive economic growth, such as liberalising the labour market and infrastructure development. But while investors welcomed the result, Modi’s divisive brand of Hindu nationalism is a lingering concern.
South Africa
General election - May
As expected, the African National Congress (ANC) won the general election, but with a reduced parliamentary majority. President Cyril Ramaphosa will now try to tackle corruption to win back disaffected voters, without alienating powerful elements of the ANC. Reforming land laws and bailing out the troubled state energy provider Eskom are other priorities.
Argentina
General election - October
President Mauricio Macri’s hopes of winning re-election have been damaged by last year’s currency crisis, which stoked inflation and plunged Argentina into recession. He will hope his record in building infrastructure will help him see off populist opposition. Elsewhere in Latin America, Bolivia and Uruguay also hold general elections in October.
Equities
The COVID Nudge
28 Jan 2021
In these data visualisations, we look at whether COVID-19 will achieve something that millions spent on public health campaigning has failed to do.
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Insurance
A time for action: Race, ethnicity and investing
28 Jan 2021
In a two-part feature, we look at what asset managers need to focus their engagement efforts on to make a difference on anti-black racism, and why the industry needs to get its own house in order.
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Real Assets
Virtual reality: How COVID-19 is reshaping the world of work
27 Jan 2021
While the coronavirus pandemic has devastated livelihoods, it also presents an opportunity for companies and policymakers to reinvent the world of work. The future is full of possibilities – but no easy answers.
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AIQ Feature
Cutting loose: COVID-19 deals globalisation a further blow
27 Jan 2021
Globalisation’s image problem may have been further tarnished by the pandemic, but can political leaders use the crisis to reform it for the better and resist the urge to abandon it altogether?
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AIQ Feature
United Europe: From discord to harmony?
26 Jan 2021
Global politics are in flux as policymakers scramble to manage the pandemic and revive economies. Can Europe come together and carve a place for itself on the international stage, or will it end up a passive player buffeted by greater forces?
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AIQ Feature
Empire states of mind: Is the age of US exceptionalism at an end?
25 Jan 2021
As the world starts to emerge from the COVID-19 pandemic, the US’s position as global hegemon will be under mortal threat from a resurgent China that looks to have escaped the virus relatively unscathed.
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Equities
What a carve up! The future of the internet
22 Jan 2021
Commercial and geopolitical forces are threatening to fracture the internet into competing regimes, making it harder for companies to operate across borders and potentially limiting their growth. We explore the implications for investors.
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Real Assets
Building back better: The path to net zero
18 Jan 2021
While much of the world’s focus continues to be on tackling the COVID-19 pandemic, the climate crisis also requires urgent attention. The number of countries and companies supporting the move to a lower-carbon world is growing, but practical challenges remain. How can we build back better after COVID, and navigate to a cleaner, safer and sustainable world?
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AIQ Feature
How the US can lead on climate finance: A five-point plan for President Biden’s first year
14 Dec 2020
The US went backwards on tackling climate change under President Trump. His successor Joe Biden must act quickly to make up for lost time, says Steve Waygood.
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AIQ Feature
Roll of the dice: Risk and resilience in an age of uncertainty
21 Jul 2020
The coronavirus pandemic has highlighted the difficulties of managing risk in an increasingly globalised and interconnected world. We explore how organisations can stay resilient through an era of radical change.
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Risk
The evolution of ESG: More than just a risk mitigator
21 Jul 2020
Once dismissed as a virtuous endeavour that compromised investment returns, the ability to gain a more holistic view of risk by considering environmental, social and governance factors is increasingly appreciated by investors. We assess the evolution of ESG across asset classes, as well as its role as a risk mitigator and opportunity spotter.
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AIQ Feature
The Technocrat: Lord Adair Turner
21 Jul 2020
With developed economies stuck in a high-debt and low interest rate trap, the former head of Britain’s financial watchdog believes central banks should break a long-held taboo and finance governments directly.
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AIQ Feature
Economics and ethics: Why diversity matters
21 Jul 2020
In business, diversity can be the difference between success and failure. But while progress towards it has been frustratingly slow in many areas, the pressure is mounting on companies to act.
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AIQ Feature
Pandemic risk: When will we learn our lesson?
21 Jul 2020
COVID-19 has reminded us that the sources of economic and financial crises can be wildly unpredictable. However, while spotting patient zero in advance was nigh on impossible, pandemic risk was well telegraphed. In the first part of our mini-series, The source of the next crisis, we consider whether an infectious disease could wrong-foot us again or whether governments will learn their lesson.
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AIQ Feature
Cybersecurity in the fourth industrial revolution
21 Jul 2020
COVID-19 shocked investors into taking pandemic risks more seriously. In an increasingly connected world, where data is the new oil, could cyberattacks be the next big threat?
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AIQ Feature
Inflation hawks: Crying wolf?
21 Jul 2020
Twelve years on from the financial crisis, inflation hawks are back. They were proved wrong then, but could this time be different? In part three of our mini-series on the source of the next crisis, we explore the extent to which inflation poses a risk to the global economy and financial stability.
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