Macro
Mapping global elections and what this means for investors
5 min read 19 Apr 24
It’s a defining 12 months for the world we live in today and wake up to tomorrow as billions of people across more than 50 countries head to the polls in 2024, although not all national elections will be free and fair. Romil Patel looks at some of the key votes from the world’s oldest to its largest democracies, as well as emerging markets – and what this means for investors.
1CNN Politics, “Here are the key down-ballot primaries happening on Super Tuesday”, (edition.cnn.com), March 2024.
2 ABC News, “Where does the 2024 election year stand out?”, abcnews.go.com, November 2023.
3 Reuters, “India’s economy grows at its fastest pace in six quarters in election boost for Modi”, reuters.com, February 2024.
4 Wilson Center, “Why are Mexico’s elections important?”, wilsoncenter.org, January 2024.
5 Reuters, “Venezuela’s government doubles down on inflation control ahead of election”, February 2024.
6 Congressional Research Service, “Venezuela: Background and US relations”, crsreports.congress.gov, December 2022.
7 International Energy Agency (IEA), “Massive expansion of renewable power opens door to achieving global tripling goal set at COP28”, iea.org, January 2024.
8 International Energy Agency, “Renewables 2023”, Jan 2024
9 UK Government, “UK first major economy to halve emissions”, gov.uk, February 2024.
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested. Past performance is not a guide to future performance. The views expressed in this document should not be taken as a recommendation, advice or forecast.
