Denmark needs to link up with Asia!
That is the key message from Asia House Denmark’s editorial in the latest edition of the journal, Børsen, co-authored by our colleagues Peter Johansen and Torben Krab.
With the challenges of rising U.S. protectionism, economic rivalry with China, and a potential German recession, Denmark has to connect much closer with Asia’s growth markets. This shift calls for strategic focus and a unified Nordic approach to drive success.
Asia House outlines three critical pillars for this strategy:
- Nordic-Baltic cooperation: As a small country, Denmark can amplify its influence in Asia by promoting a stronger, united New Nordic brand.
- Beyond simple export: Denmark would benefit from developing an export promotion system based on internationalization, prioritizing mutual benefits over one-way export efforts. Public-private partnerships and collaborations with philanthropic foundations are key to achieving this.
- Asia knowledge: Investing in a deeper understanding of Asia, both strategically and operationally, is crucial for making informed, impactful decisions.
These insights are grounded in Asia House’s extensive experience leading internationalization programs alongside foundations like Industriens Fond.
You can read the editorial here (notice: written in Danish).