Lowy Institute’s Asia Power Index for 2023 finds that India is “performing less well than would be expected based on its size and available resources”.
In 2022, Asia consolidated the trade architecture in the Association of Southeast Asian Nations region. In 2023, this achievement is threatened by US and European military coercion, supported by an increasingly aggressive Japan.
The "Indo-Pacific" region was largely at peace in 2022, although tension ran high in the Taiwan Straits in early August due to the then US House Speaker Nancy Pelosi's visit to Taiwan against Beijing's wishes. Looking ahead, three new developments will help reinforce peaceful trends in the region, while "old problems" will still pose serious challenges to regional peace and stability.