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⮑ Ended FRI JUN 7, 2024 11:33 AM CDT (Chicago)
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If you missed our discussion on Friday, we invite you to listen to the opening remarks of our panel on one of 2024’s most significant elections.
More than 600 million people voted in the Indian election over a period of 40 days in record-breaking heat. That is an incredible number for a system that requires voter identification. The results surprised most observers, but not our panelist Saliya Weerakoon, who spent two weeks in India prior to the polls. He was joined by fellow econVue contributor Marsha Vande Berg, who explained why she thinks the results represent a positive income for India, and for foreign investors.
As the Sunday elections in the European Union have demonstrated, 2024 does not seem to favor incumbents. Modi did however manage to put together a coalition that will allow him to stay in office.
My takeaway
India is the largest democracy in the world, but after ten years under Modi the country was on the road to one-party rule. Could this election be the start of a true two-party state, increasing political dynamism and economic growth?
I hope you have been enjoying our recent spotlight on South Asia. Your comments as always are deeply appreciated.
–𝓁𝓎𝓇𝒾𝒸
Editor-in-Chief & Moderator
Discussed on this Panel
Topics
The surprising results of the Indian election
How the 40-day election process contributed to the outcome
What a coalition Modi government means
The impact on international companies and investors
Although economic growth has been strong, income inequality has increased and was a factor in the election
Jobs are job #1
Links
Modi’s historic, sobering elections and his economic challenges (Council on Foreign Relations)
US-India Relations with Ashley Tellis 🔊 (Council on Foreign Relations)
Lok Sabha polls | 12 documents that voters can produce at polling booths (The Hindu)
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