2016 will be an interesting year for Southeast Asia, as the region braces for changes in government (or none at all), implements the ASEAN economy community, and prepares for volatility with the rising tension of the South China Sea and the increasing risk of terrorist attacks.
Myanmar NLD needs to balance the interests of old elites and live up to public expectation.
It is well known that Myanmar’s historic election has secured Aung San Suu Kyi as the NLD popular mandate and she is expected to lead the next administration. The military remains the most powerful actor in the country and holds key posts of the security ministries and still exercises significant control over the economy.
The public voted the NLD into office with the high hope that NLD would bring changes to their lives. But the NLD has not had any administration experience and the new government is left with a series of issues such as ethnic tensions, the Rohingya refugee crisis, and macroeconomic issues. Challenges face the NLD and stability in Myanmar will depend on how well the new government is able to balance the interests of the old elites and the military.
Risk of election-related violence ahead of the Philippines general election and uncertainty of the new administration’s economic policies will persist until the poll date.
The Philippines presidential election is set for May 2016. As Filipinos prepare for the next general election, political violence remains a possibility leading up to the poll date. The Gun ban will start on 10 January 2016 to reduce election-related violence, but political violence remains a risk. (Courtesy of globalriskinsights.com)
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