Ben Charoenwong is an associate professor of finance at INSEAD and an affiliated faculty member with the Asian Institute of Digital Finance and the NUS FinTech Lab.
The global political landscape has transformed dramatically over the past year. In Japan, Prime Minister Shigeru Ishiba leads a fragile minority government after his Liberal Democratic Party's electoral setback; South Korea faces an unprecedented crisis with President Yoon Suk Yeol's impeachment following his declaration of martial law; tensions between Taiwan and China have heightened since the election of Lai Ching-te, a staunch defender of the island's sovereignty; and in Indonesia, nationalism is set to grow under the presidency of Prabowo Subianto.
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