
2024 will be a year with not a dash but dollops of uncertainty. The year will primarily be defined by three issues: a busy election calendar, global monetary policy action led by the Fed, and geopolitics with two raging wars in Europe and the Middle East.
Despite the expected tumult, 2024 will be Asia’s time to shine. The Asia Pacific region is expected to outperform the global economy in terms of growth, with the IMF expecting 4.2% growth from the region in 2024, compared to 2.9% globally. But what impact could significant shifts in power in the region have on this?