10 Elections Wall Street Will Be Watching in 2012
Published January 30, 2012 8:06 PM
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Updated July 22, 2016 12:10 PM
1 Min Read
10 Elections Wall Street Will Be Watching in 2012
University of Chicago Professor Emeritus Marvin Zonis points out that several nations representing more than half of the world's GDP by purchasing power parity (PPP) per capita could see a change atop their governments this year.
This potentially massive shift in geo-political leadership will almost certainly impact economies, investments and investors around the globe.
Here’s an interactive slide show featuring 10 countries and elections that Wall Street needs to be paying attention to this year:
Source: World Bank/Professor Emeritus Marvin Zonis, University of Chicago
This potentially massive shift in geo-political leadership will almost certainly impact economies, investments and investors around the globe.
Here’s an interactive slide show featuring 10 countries and elections that Wall Street needs to be paying attention to this year:
Source: World Bank/Professor Emeritus Marvin Zonis, University of Chicago
United States<br><br>
President Barack Obama could be facing either former Massachusetts Gov. Mitt Romney or former House Speaker Newt Gingrich.
World GDP (PPP) per capita rank, 2010: 1
International dollars (in millions): $14,586,736
World GDP (PPP) per capita rank, 2010: 1
International dollars (in millions): $14,586,736
China<br><br>
Xi Jinping is expected to take the presidential reins from Hu Jintao.
World GDP (PPP) per capita rank, 2010: 2
International dollars (in millions): $10,169,520
World GDP (PPP) per capita rank, 2010: 2
International dollars (in millions): $10,169,520
India<br><br>
Prathiba Patil is seeking re-election in July.
World GDP (PPP) per capita rank, 2010: 4
International dollars (in millions): $4,194,856
World GDP (PPP) per capita rank, 2010: 4
International dollars (in millions): $4,194,856
Russia<br><br>
Russia has five candidates vying for the top post, including former two-time president, Vladimir Putin.
Other candidates include: Gennady Zyuganov, who led the Communist Party of the Russian Federation; Vladimir Zhirinovsky, leader of the Liberal Democratic Party of Russia; Sergei Mironov, former Putin ally and former speaker of the Upper House of the Russian Parliament, Mikhail Prokhorov, Russias third-richest man.
World GDP (PPP) per capita rank, 2010: 6
International dollars (in millions): $2,812,383
Other candidates include: Gennady Zyuganov, who led the Communist Party of the Russian Federation; Vladimir Zhirinovsky, leader of the Liberal Democratic Party of Russia; Sergei Mironov, former Putin ally and former speaker of the Upper House of the Russian Parliament, Mikhail Prokhorov, Russias third-richest man.
World GDP (PPP) per capita rank, 2010: 6
International dollars (in millions): $2,812,383
France<br><br>
French President Nicolas Sarkozy, a conservative, is facing off against François Hollande, the Socialist Party candidate.
World GDP (PPP) per capita rank, 2010: 8
International dollars (in millions): $2,194,118
World GDP (PPP) per capita rank, 2010: 8
International dollars (in millions): $2,194,118
Mexico<br><br>
Mexico will choose a successor to President Felipe Calderón. From Calderóns National Action Party, there are three possibilitiesSantiago Creel, a senator and former minister of the interior; Josefina Vázquez Mota, a former member of the countrys Chamber of Deputies who is trying to become the nations first woman president; and Ernesto Cordero, the countrys former finance minister.
However, the presumed frontrunner is Enrique Peña Nieto, the former governor of the State of Mexico, while the Party of the Democratic Revolution is putting forward Andrés Manuel López Obrador, who previously lost to Calderón in 2006.
World GDP (PPP) per capita rank, 2010: 11
International dollars (in millions): $1,644,449
However, the presumed frontrunner is Enrique Peña Nieto, the former governor of the State of Mexico, while the Party of the Democratic Revolution is putting forward Andrés Manuel López Obrador, who previously lost to Calderón in 2006.
World GDP (PPP) per capita rank, 2010: 11
International dollars (in millions): $1,644,449
Taiwan (Republic of China)<br><br>
President Ma Ying-jeou was re-elected earlier this month, handily beating challenger Tsai Ing-wen.
World GDP (PPP) per capita rank, 2010: 19
International dollars (in millions): $810,500
World GDP (PPP) per capita rank, 2010: 19
International dollars (in millions): $810,500
Venezuela<br><br>
Hugo Chàvez, who has been treated for cancer, is facing re-election in October.
World GDP (PPP) per capita rank, 2010: 35
International dollars (in millions): $352,720
World GDP (PPP) per capita rank, 2010: 35
International dollars (in millions): $352,720
Finland<br><br>
In the 2012 Finnish presidential election, Sauli Niinistö of The National Coalition Party and Pekka Haavisto of The Green League advanced to the second round, which will be held on Sunday, Feb. 5. Both are considered pro-European Union.
World GDP (PPP) per capita rank, 2010: 54
International dollars (in millions): $196,583
World GDP (PPP) per capita rank, 2010: 54
International dollars (in millions): $196,583
Dominican Republic<br><br>
The 2012 presidential race is currently divided between the ruling Dominican Liberation Party candidate, Danilo Medina, and the opposition Dominican Revolutionary candidate, former President Hipolito Mejia.
World GDP (PPP) per capita rank, 2010: 71
International dollars (in millions): $92,818
World GDP (PPP) per capita rank, 2010: 71
International dollars (in millions): $92,818
