Asia Research Community
Recent statistics show that the manufacturing capacity of the world has shifted to Asia, in particular China. According to OECD China’s GDP surpassed the Euro zone in 2012 and the United States in 2016. India is about to surpass Japan as the third largest economy and is expected to surpass the Euro area in about 20 years. Until 2020 China is expected to have the highest growth rates among the emerging economies, but will then be surpassed by India and Indonesia. In short a global change of historic proportions is currently taking place. This entails new and great opportunities for the Danish business community, in the form of exports, offshoring of productions, and in the planning of the global production chain for enterprises. Moreover, the current economic crisis in the Western world suggests that perhaps the Anglo-Saxon model of economic organization and corporate governance may not be superior to Asian forms of economic organization and management. The era of the Washington Consensus seems to be over and it remains to be seen whether a new global consensus will emerge or whether more particularized and culturally specific models will emerge based on regional patterns of cooperation and exchange. In Asia, the drivers of this process will not only be the emerging economies of China, India and the region of Southeast Asia, especially Indonesia. Japans industrial and technological capacity as well as large overseas investments will continue to play a major role.
ARC is a specialized research group within the Copenhagen Business School offering high-quality research on important aspects of the tectonic shifts in the global economy and the rise of Asia. ARC is one of the leading research entities on Asia in the Nordic region. The strength of the community is its broad range of disciplines and geographical competence. This is a core competence which sets ARC apart from research centers in Asian Studies in Europe and provides the basis for high-quality interdisciplinary research. In the next five years ARC will enlarge its research portfolio by attracting strong talent, which can undertake cutting-edge research within the community’s particular areas of strengths on China, India, Japan, and the region of Southeast Asia with particular emphasis on Indonesia and Malaysia. ARC will collaborate with other researchers at CBS and research organizations worldwide.
ARC strives to provide up-to-date research and reliable analysis of current political, social, economic and business developments associated with and contributing to the present tectonic shift from West to East in global economics and business development. In understanding and coming to grips with the implications of these immense changes in the Asian region, ARC focuses in particular on China, Japan, India and Southeast Asia, especially Malaysia/Indonesia. Furthermore, ARC is to maintain CBS’s position as the key research community for Asian studies in the Nordic region.
• To deepen and upgrade Asia-related research activities at CBS as a whole and establish research projects and networks focusing on Asia, which have international reach and impact.
• To contribute with research based educational inputs to the International Business in Asia (BCs.) Program and introduce relevant Asia-related materials in other courses at CBS, including Executive Education.
• To disseminate its results to the international research community, to the business world and to the public.
Important means to reach these goals are to continue to:
• Undertake high-quality contextualized research on contemporary developments in the Asian region.
• Edit and publish the Copenhagen Journal of Asian Studies (double blind reviewed academic journal) and the Copenhagen Discussion Papers (working paper series on Asia).
• Cooperate with Danish and international business and academic partners as well as governmental institutions and NGOs.
• Participate in the public debate through the media and give talks in business, governmental and public settings.
• Maintain CBS’s first mover advantage in business-related Asian Studies in the Nordic area.
• Host foreign visitors who can contribute to the research environment at ARC.
• Maintain ARC’s position as the best place to do Asia-related research at CBS while stimulating cross-departmental research and teaching initiatives.
The research undertaken by ARC falls broadly within four geographical areas. These are:
• East Asia (Japan and the Koreas)
• Southeast Asia
However, these geographical areas do not function as boundaries, as research initiatives within each of these areas are also oriented towards regional and comparative contexts. ARC emphasizes its interdisciplinary approaches to studying Asian countries, regions, and issues that link them to each other and the global system. The community values the synergies and inspiration created by visiting scholars from especially Asia and will encourage exchange and visiting arrangement with collaborating research institutions.
It is our ambition to integrate our different research projects, both collective and individual research projects, to form a coherent but not monolithic research community. It is the aim of the community that a majority of our research initiatives operate within the following key areas: changing state-business relations in Asia and their embeddedness in specific political, cultural and economic contexts. This includes ownership structures, state preferential policies in the form of favorable bank loans and hidden subsidies, the political framework including party-state-business relations in state capitalist countries, indigenous forms of Asian management, etc.
Given the breadth of the community, there is no comparable research institution. No other business school has a comparable research community in terms of disciplinary variation. In general, most Asia research institutions focus on only one or two countries in Asia. However, one benchmark could be the Center for Development Studies at Cambridge University promoting Chinese and Indian Studies. However this institution does not have the breadth in disciplines that characterizes ARC. Another possible benchmark is the East Asian Institute at the University of Duisburg, which has strong programs in both Chinese and Japanese studies, including research capacities on the political economy of these countries. However, this institution does not encompass India and Southeast Asia.