4301. Why Taiwan’s 2024 Presidential Election is Wide Open
- Author:
- Matthew Fulco
- Publication Date:
- 03-2023
- Content Type:
- Journal Article
- Journal:
- China Brief
- Institution:
- The Jamestown Foundation
- Abstract:
- Shortly after Taiwan’s ruling Democratic Progressive Party (DPP) suffered the worst loss in its 37-year history, Nikkei Asia Review published an article entitled “Taiwan’s KMT has a mountain to climb for 2024 presidential race” that cautioned not to read too much into the opposition Chinese Nationalist Party’s (KMT) success in the local elections last November (Nikkei Asia, November 29, 2022). The piece argued that voters still perceive the KMT as being too close to China, a liability in a national election focused on cross-Strait relations, and hamstrung by uncertainty about who should serve as its presidential candidate next year. Although the KMT confronts significant challenges heading into Taiwan’s 2024 elections, the difficulties the party faces should not be overestimated. Rather than a mountain, the KMT has a modest hill to climb. Over the past 22 years, Taiwan’s national politics have swung like a pendulum, favoring the DPP from 2000-2008, the KMT from 2008-2016 and the DPP again since 2016. Taiwanese voters, like their counterparts in other thriving democracies, sometimes vote for change even if they are not enamored with a particular candidate. Since Taiwan fully democratized in 1996, no political party has won three consecutive presidential terms, with DPP and KMT presidents alternating every eight years. President Tsai Ing-wen has avoided the kinds of issues, corruption scandals and major popular demonstrations against her policies that undid the presidencies of her predecessors, Chen Shui-bian and Ma Ying-jeou, leading to opposition wins in the 2008 and 2016 presidential elections, respectively. Nevertheless, Tsai has been dramatically weakened by the DPP’s crushing defeat in the November 2022 local elections (Jamestown Foundation, November 29, 2022). She stepped down as DPP party chair after the elections as the party has taken a hit for its many pandemic missteps, a flagging economy and a contentious cross-Strait policy (United Daily News, November 27, 2022). The DPP’s likely candidate in the 2024 election, current Vice President Lai Ching-te, while personally popular, would represent continuity with Tsai’s policies (China Brief, March 3). Together, these factors will likely make the 2024 race the closest since 2004, when the DPP’s Chen Shui-bian and Annette Lu eked out a victory against the KMT’s Lien Chan and James Soong of the People First Party (PFP) by a margin of just 0.22 percent (Taipei Times, March 21, 2004).
- Topic:
- Elections, Domestic Politics, and Political Parties
- Political Geography:
- China, Taiwan, and Asia