The Intelligence from The Economist

A few bright spots: our country of the year

Dec 29, 2021
Leo Marani, Asia editor for The Economist based in Mumbai, sheds light on the rare improvements seen in global governance this past year. He discusses the alarming trend of democracy eroding in South and Southeast Asia, especially after coups and political upheavals. Marani emphasizes the resilience of communities, notably in the Philippines, and the pivotal role of AI in business adaptation. The conversation also touches on the significance of recognizing nations like Malawi and Italy for their democratic progress amidst global challenges.
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INSIGHT

Room for Improvement in Asia

  • There's hope for democratic resurgence in Asia due to existing parliamentary systems and people's growing preference for voting.
  • Young people, tired of corruption and poor job prospects, are driving change, particularly in Malaysia with lowered voting ages.
ANECDOTE

Maria Ressa's Nobel Prize

  • Maria Ressa, a journalist in the Philippines, winning the Nobel Peace Prize is a positive development.
  • Even President Duterte, who had targeted her, congratulated her.
INSIGHT

Country of the Year Award

  • The Economist's Country of the Year contest celebrates positive change.
  • The winner is the country that has shown the most improvement across various metrics.
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