The Asian Century will be built on human capital

Businesswoman standing in office. (Source: AAP)

Authors: Wolfgang Lutz, IIASA and Samir KC, IIASA

Asia today is home to more than four billion people — more than 60 per cent of the total world population — yet its influence in world affairs remains disproportionately small.

The reason for this imbalance is that, while influence on the world stage is partly a function of population size, it also depends on economic and other dimensions. Read more…

Responding to Asia’s rise

Prime Minister Julia Gillard speaks at the Lowy Institute in Sydney on Sunday, 28 October 2012. The government today launched their long-awaited Asian century white paper. (Photo: AAP)

Author: Andrew MacIntyre, ANU

The whole world — including Asia itself — is grappling with the impact of Asia’s rise on the global landscape.

Today, the Australian government launched its response to the challenge of Asia’s rise in a White Paper, Australia in the Asian Century.

Read more…

The Indo-Pacific: what does it actually mean?

Australian Prime Minister Julia Gillard speaks with Canadanian Prime Minister Stephen Harper and Indian Prime Minister Manmohan Singh during a round table meeting at a G20 summit in Cannes France on  4 November 2011 (Photo: AAP).

Authors: Nick Bisley, La Trobe University, and Andrew Phillips, UQ

The ‘Indo-Pacific’ has arrived. Australian, Indian and US analysts and policy makers increasingly favour the concept over more traditionally East Asia-oriented constructs to characterise Asia’s evolving strategic geography.

Evidently a key principle informing Australia’s forthcoming defence white paper, Read more…

Australia and Asia: common interests in Antarctica

Researchers and staff from the Australian Antarctic Division stand on Proclomation Hill above Mawsons Hut in Commonwealth Bay, Antarctica, on 16 January 2012. (Photo: AAP)

Authors: Jason Mundy and Tony Press, Antarctic Climate and Ecosystems CRC, Hobart

While Asian countries are increasingly emerging as significant players in Antarctic science and affairs, Asian engagement in the Antarctic is not a new phenomenon. Nor is Australia’s close involvement in that engagement.

Read more…

Australia’s subnational governments in the Asian Century

Chinese Chairman, Jia Qinglin (left) presents WA Premier Colin Barnett with a painting in Perth in April 2011. The fourth most powerful leader in China arrived in Australia for talks with the West Australian government about trade, mining and cooperation on major resource projects. (Photo: AAP)

Author: Purnendra Jain, University of Adelaide

The Australian government will soon release a White Paper on Australia in the Asian Century, based on consultation with major stakeholders and more than 250 submissions.

While this will be a key document in future planning, and the first of its kind to guide Australia’s engagement with Asia across a wide range of fields, this document is written primarily from the perspective of the federal government, so its focus is national. Read more…

Bolting on the second track key to regional cooperation in the Asian Century

Prime Minister Julia Gillard attends the Asia Business Council Summer Forum in Sydney, March 16 2012. There is a public interest in fostering connectivity between first and second-track institutions.  (Photo: AAP).

Authors: Ian Buchanan and Christopher Findlay, AUSPECC

As the politically and economically diverse Asian Pacific states adjust toward post-Cold War institutional structures and alliances, Australia faces renewed policy making and economic cooperation challenges.

It is precisely this diversity of economic interests and political systems that dictates the mode of engagement and the degree of centralised control over the ‘scripts’ used by the actors who exercise influence over the region through various policies and fora.

Read more…

Asia: dawn of a new century

Trade ministers of the Asia-Pacific Economic Cooperation forum meet in Kazan, Russia, on 4 June 2012. (Photo: AAP)

Author: Maria Monica Wihardja, Bank Indonesia

The Japanese saying, ‘the name speaks for itself’, appears to reflect accurately the current global economic and geopolitical landscape.

Asia — meaning ‘sunrise’ in Greek and ‘east’ in Assyrian — is clearly rising, and the time has come for the ‘Asian Century’. Read more…

Economic freedom in the Asian century

A shopper walks through a street market selling clothing in Hong Kong on June 22, 2012. Hong Kong and Singapore are the only two Asian countries which achieve a high economic-freedom ranking. (Photo: AAP)

Author: Razeen Sally, ECIPE

Economic freedom is often glossed over in discussions about the many facets of the ‘Asian century’, but market liberalisation is a crucial enabler of Asia’s current awakening.

There is much unfinished business, for economic freedom remains substantially repressed across Asia. Expanding it is vital. Read more…

South Korea’s regionalism policies

Japanese Economy, Trade and Industry Minister Yukio Edano, Chinese Commerce Minister Chen Deming and South Korean Trade Minister Bark Tae Ho shake hands prior to talks in Beijing on 12 May 2012. (Photo: AAP)

Author: Wook Chae, KIEP

The 21st century, which commentators have dubbed the ‘Asian century’, will see a vast increase in integration within the Asian region.

South Korea is an important strategic player in this process due to its influence in the spheres of trade and its efforts to promote multilateralism. Read more…

Transnational crime in the Asian Century

Thai officials arrange packs of seized marijuana for burning in Ayutthaya province, 26 June 2007. Transnational crime will be among the many challenges Australia will face in the Asian Century, but it will also be an arena for cooperation and a marker of changes in regional civility. (Photo: AAP)

Author: Rod Broadhurst, ANU

Across the Asian region, crime follows opportunity and is fostered by globalisation, economic growth, conflict and social change.

Weak and erratic governance also multiplies the risk of transnational crime by offering potential safe havens for criminals. Read more…

North Korea and the American response

Members of a civic group burn an effigy of North Korean leader Kim Jong-un attached to a model of a North Korean rocket during a rally in Seoul on 13 April 2012, to protest the launch the same day of a North Korean long-range rocket. South Korea, the United States and other regional powers view the launch of the Unha-3 rocket as a test of the North Korean military capability. (Photo: AAP)

Author: Stephen Costello, Washington

Reading statements from the US and ROK administrations and the international press regarding recent North Korean declarations against South Korea, it seems that there has been a broad failure to realise that the North is terribly and predictably offended by the rhetoric from the South Korean president and much of the South Korean media.

When Pyongyang says that certain statements from President Lee Myung-bak and the conservative press are injurious and seek to humiliate and degrade North Korea, it means Read more…

New rules for the Asian Century?

Then federal opposition leader Kevin Rudd eats Asian dumplings with children at St. Columbus Primary School on 11 April 2007.

Author: Veronica L. Taylor, ANU

No one now seriously doubts Australia’s interdependency with its Asian neighbours.

Our borders are porous, we are exposed to one another’s risk, and our trade, investment, economic and social development, political stability and regional security depend on mutual cooperation. Read more…