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International Press / 2011

Mejores libros de 2011
MBA Educación Ejecutiva
December 27, 2011

Los lectores de MBA & Educación Ejecutiva escogieron los libros más destacados de 2011, siendo la publicación que relata el ascenso del ex CEO de Apple (escrita por Jay Elliot) la que obtuvo la mayoría de los votos. Además figuran Nuestra Hora (Rivera), World 3.0: Prosperidad Global (Ghemawat), The Dynamics of Entrepreneurship Evidence from Global Entrepreneurship Monitor Data (Minitti) y Fuzilar heróis e premiar covardes (Behrens).

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International Press / 2011
China and the Changing World Map of the Film Business
Chinafilmbiz
December 25, 2011


In his thoughtful article in the latest issue of McKinsey Quarterly, my former work colleague Pankaj Ghemawat encourages senior business executives to shake up their thinking by adopting a more global perspective on their businesses. Ghemawat suggests that leaders can “enhance their intuition about the opportunities and threats inherent in our semiglobalized world” by using “rooted maps”—an example of which is provided below.

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International Press / 2011
World trade 3.0
Forbes
December 13, 2011


While musing over the future of globalization I stumbled upon a great book titled “World 3.0” by Pankaj Ghemawat who taught at Harvard Business School.

Ghemawat talks about the first era — the 20th century — as “World 1.0” where there was a domination of individual nation-states with little cross boundary business activity and market integration. He then explains that this changed in the early 2000s when the “flat” and “boundary-less world” themes were fashionable and people expected that we would be free of protectionism and become truly without borders. He calls this state “World 2.0” where people believed in fencing being torn down.

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International Press / 2011

Globalization still lags says DHL
Manila Bulletin
December 11, 2011

MANILA, Philippines — Globalization is still not as advanced as most people believe and that continued economic integration could spur global gross domestic product gains of five percent or more, DHL’s Global Connectedness Index (GCI) analysis stated.

GCI is an industry first being unveiled by global logistics leader DHL. GCI is a detailed country-by-country analysis of the flows that connect the world.

GCI ranks 125 countries according to the depth and breadth of their integration into the world economy and also examines the relationship between global connectedness and welfare. The study documents that global connectedness has enormous room to expand, even among the most “connected” countries.

The study was commissioned by DHL and conducted by world-renowned global business strategist and economist, Pankaj Ghemawat, Professor of Global Strategy at the IESE Business School, Barcelona.

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International Press / 2011

"Why can't Europeans get along?"
Fortune
December 7, 2011

The EU has been acting like a dysfunctional family. Cultural unity could help solve the euro puzzle.

FORTUNE -- EU policymakers recognize the importance of preserving a highly integrated European economy. They are, however, making the same mistake that led to the euro mess in the first place: pretending that Europe can be integrated through administrative measures alone. Remember that the euro was adopted despite worries that the fiscal and political differences across the eurozone would be too large to make it what economists call an optimal currency area. Those differences are still being overlooked. In a recent speech at Jackson Hole by Jean-Claude Trichet, the former head of the European Central Bank, declared that the EU was like the U.S. minus a fiscal union

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International Press / 2011

"Trago Amargo"
Caretas
Diciembre 7, 2011

Retumbando en el fondo de la memoria, las décadas perdidas de 1970 y 1980 en las que el ingreso per cápita peruano se derrumbó al suelo.

"Si miramos por el espejo retrovisor, comprobaremos que el Perú de hoy solo ha recuperado el terreno perdido en veinte años", dijo el estratega mundial indio Pankaj Ghemawat. "En el periodo 1979-2005 el ingreso per cápita peruano disminuyó dos tercios, de US$ 520 a US$ 160 en 1993, y recién en 2005 recuperó el nivel de 1979. Lo que el Perú experimentó fue estancamiento, no innovación", precisó Ghemawat en la sesión inaugural de la CADE el jueves 1. El economista es autor, entre otros títulos, de Mundo 3.0, parte de la resaca teórica tras la crisis Lehman en 2008

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International Press / 2011

DHL, die große Tochter der Post
Finanzen.net
December 5, 2011

Der Logistikriese DHL wünscht sich weltweit weniger Zölle und Bürokratie. Warum die Deutsche-Post-Tochter trotz aller Hemmnisse zu den Gewinnern der Globalisierung gehört.

Mit der gläsernen Stahlkuppel gleicht das Rathaus in San José einem Planetarium. Es sieht nach Fortschritt aus – und Zukunft. Genau das richtige Ambiente für den Logistikriesen DHL und seinen Boss Roger Crook: „Wir brauchen den freien Handel zwischen den Ländern“, fordert der für das Frachtgeschäft zuständige Konzernvorstand der Deutschen Post vor Kunden. „Die Länder benötigen es zum Wachstum. Und Wachstum ist gut für die Menschen. So entsteht Wohlstand.“

In San José wissen die meisten, ­wovon Crook spricht. Von Hewlett-Packard über IBM bis hin zu Adobe haben zahlreiche Weltkonzerne ihren Sitz in der kalifornischen High-tech-Metropole. Auch für DHL ist das Silicon Valley ein wichtiger Standort. Schließlich liegen hier die Wurzeln von DHL. Der Expressdienst wurde 1969 in San Francisco von dem Studenten Larry Hillblom gegründet. Er hatte nachts Dokumente zwischen Los Angeles und San Francisco im Flugzeug transportiert. Seine beiden Freunde Adrian Dalsey und Robert Lynn stiegen später als Partner ein und gründeten – angelehnt an ihre Nachnamen – DHL. Aus dem Kurierdienst wurde ein Imperium. Und die drei Buddies mit dem Einstieg der Deutschen Post 1998 steinreich.

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International Press / 2011

Thinking India
Hindustan Times
December 4, 2011

At the cutting edge eight individuals on Thinkers50, an influencial list of the world’s top business minds put out every other year, are people of Indian origin. Here are their key creative ideas and their outlook for this country.

PANKAJ GHEMAWAT.  ‘I hope India will become more global’. I hope (alas, not certainty) is that India 2020 will be more internationalised, more integrated internally and more inclusive — the three imperatives for India to progress. Internationalisation: I just released a big study on global connectedness in India at the APEC summit and the numbers are not encouraging. We rank in the bottom 15% of countries in trade intensity; in the bottom 10% in inward investment intensity; and rank 110 on a list of 125 countries in terms of people flows, inbound and outbound.

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International Press / 2011

Field of dreams
The Economist
December 3, 2011

Harvard Business School reinvents its MBA course

YOUNG mums shopping in the Copley Mall in downtown Boston last month found themselves being questioned about their use of soap by students from Harvard Business School. The students were not doing odd jobs to earn beer money. They were preparing to help a firm in Brazil launch an antibacterial cleanser.

Fieldwork—ie, going out and talking to people—is a big change for HBS. Its students used to sit in a classroom and discuss case studies written by professors. Now they may also work in a developing country and launch a start-up. “Learning by doing” will become the norm, if a radical overhaul of the MBA curriculum succeeds.

The 900 students arriving in Boston this summer for their two-year course were told they would be guinea pigs. The new practical addition to HBS’s curriculum is known as “FIELD” (Field Immersion Experiences for Leadership Development). Not all the staff and students are overjoyed to be experimented on. But the man responsible, Nitin Nohria, who became dean of HBS in July 2010, says that “if it works, the FIELD method could become an equal partner to the case method.”

 

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International Press / 2011

Plan For The Rainy Day
Business world
December 3, 2011

Uncertainty must be factored in while making future projections, but don’t get too serious about it

At the macro level, there is a clear sense. Compared to how we used to think about the world before the financial crisis, now there is much more volatility than we are used to perceiving. Around the world, I see many uncertainties piling on and some very substantial ones at that… will the Eurozone manage to overcome its crisis? Will the US manage to get out of another budgetary deadlock? What’s going to happen to China because their financial system looks quite uncertain? India has its own internal issues.

So from a macro perspective we have been reminded over the past few years, in contrast to the two-three decades that preceded them last few years that economists referred to as the great moderation, that we have not expunged volatility from the system. We have not gotten rid of the business cycle. We do need to take uncertainty into account. That’s the macro perspective.

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International Press / 2011

"El Perú se ha estancado y no ha innovado su oferta exportadora"
Correo
Diciembre 2, 2011

Cusco- Las auspiciosas cifras de crecimiento que ha mostrado el Perú la última década le han merecido, de parte de distintos organismos multilaterales, ser calificado como la “niña bonita” de la región; sin embargo, la exposición del profesor y economista Pankaj Ghemawat, efectuada en la jornada inaugural de la CADE, nos devolvió a la realidad. Dijo que nuestro país se ha estancado y no ha innovado su oferta exportadora.

“Lo que hizo el Perú en estos últimos quince años no fue avanzar, sino recuperar parte del terreno perdido, luego de la debacle que sufrieron sus envíos en 1975. Si quiere cambiar su situación, debe trabajar más para internacionalizar sus productos y su economía”, precisó.

Refirió que a pesar de que ha hecho esfuerzos puntuales para impulsar sus exportaciones con valor agregado (destacó el caso del espárrago), estos no han sido suficientes, pues el peso de las materias primas sigue siendo muy alto. “Quedarse en estas categorías no hacen tangible el progreso”, dijo.

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International Press / 2011

"Perú puede incrementar sus exportaciones a América Latina"
Andina
Diciembre, 2 2011

El Perú podría colocar hasta un 36% de sus exportaciones totales en América Latina, aprovechando la cercanía geográfica, el idioma y cultura, señaló hoy el profesor de Harvard Business School y del IESE Business School (Instituto de Estudios Superiores de la Empresa) de Barcelona, Pankaj Ghemawat.

"Perú está mucho menos centrado en el comercio con el resto de América Latina de lo que se esperaría dado los patrones existentes entre los países", declaró a la Agencia Andina.

Explicó que actualmente las exportaciones de Perú a América Latina representan un 16 por ciento del total, Estados Unidos y Canadá representan el 29 por ciento, y Europa el 29 por ciento y Asia el 25 por ciento, mientras que Africa representa dos por ciento.

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International Press / 2011

"Perú puede incrementar sus exportaciones a América Latina"
El Comercio
Diciembre, 2 2011

Así lo afirmó el economista Pankaj Ghemawat durante el CADE 2011. Dijo que se debe apostar por categorías alternativas

Las auspiciosas cifras de crecimiento que ha mostrado el Perú la última década le han merecido, de parte de distintos organismos multilaterales, ser calificado como la "niña bonita" de la región; sin embargo, la exposición del profesor y economista Pankaj Ghemawat, efectuada en la jornada inaugural de la CADE, nos devolvió a la realidad. Dijo que nuestro país se ha estancado y no ha innovado su oferta exportadora 

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International Press / 2011

"CADE 2011: Resumen Día 1 - Primeras sesiones"
Semana Económica
1 Diciembre 2011

El CADE 2011 comenzó. Tras las palabras de Carlos Heeren, presidente del evento, habló el alcalde de Cusco, Luis Florez, quien afirmó que se abría una nueva página de esperanza con la llegada de Humala a la presidencia. Tras mencionar riqueza natural extraordinaria del sur peruano, dijo que tenían una responsabilidad de respetar y proteger esos recursos.

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International Press / 2011

"Perú tiene todos los fundamentos necesarios para crecer pero debe incrementar inversión"
Andina
Diciembre 1, 2011

Cusco, dic. 01 (ANDINA). Perú tiene todos los fundamentos para crecer, y el Gobierno debe centrarse en mejorar los niveles de inversión, señaló hoy el experto del IESE Business School (Instituto de Estudios Superiores de la Empresa) de Barcelona, Pankaj Ghemawat.

"Hay temas por resolver y entre ellos están las inversiones, en especial la inversión pública como porcentaje del Producto Bruto Interno (PBI), la cual es menor que en otros países", declaró a la agencia Andina.

Este nivel de inversión relativamente bajo se ve reflejado en la falta de infraestructura adecuada, como aeropuertos y puertos, aunque en los últimos años se han logrado grandes avances en reducir la brecha de infraestructura, expresó.

Otro tema que merece la atención del gobierno es lo concerniente a la legislación laboral, y mejorar las relaciones entre empleados y empleadores, dijo.

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International Press / 2011

"Globalización, menos de lo que nos hicieron creer"
MBA Educación Ejecutiva
November 26, 2011

Pankaj Ghemawat, el profesor más joven de Harvard, nos habla de cómo la globalización ha alcanzado un nivel mucho menor del que la imagen popular hace creer. Este experto en Estrategia Global, y docente también en IESE Business School, advierte que nadie mira el 90% de las escuelas de negocios que ningún ránking considera.

En su visita a Chile, Pankaj Ghemawat se entrevistó con AméricaEconomía, con el propósito de compartir su visión sobre -según él- una globalización más mítica que real. Con datos en la mano, este profesor de origen indio, y recientemente nominado como el titular más joven que haya tenido Harvard, argumenta el por qué aún estamos en etapas que considerábamos pretéritas.

En su libro World 3.0: Prosperidad Global y cómo alcanzarla, usted rebate las nociones que Thomas Friedman expuso en su volumen The World is Flat. Especialmente aquellas relacionadas con la escala y alcance del proceso globalizador. ¿Podría explicar las diferencias entre ambos argumentos?

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International Press / 2011

"O Brasil ainda é muito fechado"
Dinheiro
Noviembre 25, 2011

O "mundo plano" do famoso livro do colunista Thomas Friedman, do jornal americano The New York Times,  é a primeira imagem que vem à cabeça quando se ouve a palavra globalização. Pena que esse universo, em que a tecnologia aboliu as fronteiras e as distâncias, aproximando mão de obra e empresas em todo o mundo, não existe. É o que o professor Pankaj Ghemawat, do IESE Business School em Barcelona, chama de "globalela".  Professor de estratégia global de uma das mais prestigiosas escolas de administração do mundo, Ghemawat fez carreira em Harvard, nos Estados Unidos. Estrela do encontro dos países da Cooperação Econômica da Ásia e Pacífico no Havaí, o indiano de 52 anos está numa cruzada para provar que ideias populares sobre a globalização são exageradas.  Seu novo Índice de Conectividade Global DHL classifica a abertura de 125 países com critérios inovadores: além do comércio, mede investimentos, migração e fluxo de informações. 

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International Press / 2011
Paraguay ni siquiera clasificó en ranking de países globalizados
5 días
November 23, 2011


Globalización, un término que denota proceso económico, tecnológico, social y cultural a gran escala entre los países del mundo. Para saber cuáles son los estados más globalizados del mundo, el economista Pankaj Ghemawat, profesor del IESE Business School, de Barcelona, elaboró un ranking en donde colocó a Holanda, Singapur e Irlanda en los primeros puestos.

Paraguay quedó por debajo de la clasificación. El ecónomo basó sus datos en 125 países del mundo, estudiando sus avances o descensos a través de los últimos 5 años. Ghemawat señaló que “la integración global no es tan profunda como se la percibe”. Las vinculaciones entre países, según el economista, son más regionales que mundiales.

RANKING

La Argentina ocupó el lugar 95, por debajo de Chile (41), Perú (57), Trinidad y Tobago (67), Brasil (68), México (88) y Colombia (91). En la región, sólo Uruguay y Paraguay quedaron por debajo de la clasificación.

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International Press / 2011

"Crisis financiera amenaza futuro de la globalización"
El Universal - Caracas
Noviembre 21, 2011

Afirman que más integración dará impulso al PIB mundial

Honolulu, Hawaii.- Primero fue en España y luego en Estados Unidos. En el país europeo se autodenominaron "indignados" y en el gigante del norte se identifican con la palabra "occupies". Pese a las particularidades cada uno de esos movimientos expresan un sentimiento similar en distintas latitudes: malestar ante las desigualdades del orden económico del mundo globalizado.

Una de las principales consignas del movimiento de los "occupies" en Estados Unidos alude a que 99% de la población sufre las crisis inmobiliarias o el desempleo, mientras que apenas el 1% se beneficia de la riqueza mundial.

Para Pankaj Ghemawat, profesor de estrategia global en la escuela de negocios IESE de Barcelona, España, el descontento social que se está viviendo en distintas partes del planeta representan una amenaza para la globalización.

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International Press / 2011

"¿La Argentina está globalizada?"
iEco - Clarín.com
Noviembre 20, 2011

RANKING DE INTERCAMBIOS FLUJOS DE CAPITALES, MERCADERIAS Y PERSONAS. Está poco integrada al mundo en materia comercial y económica, dice un estudio privado. Sobre un total de 125 países, la Argentina se ubicó en el puesto 95, por debajo de Chile, Perú y Brasil. "Depende mucho de los commodities", dice el autor. A contrapelo del sentido común, la globalización es un fenómeno bastante más acotado de lo que se piensa. Y a pesar del crecimiento económico registrado en los últimos años, la Argentina está muy poco integrada al mundo, indica el Indice de Conectividad Global DHL, un estudio elaborado y dirigido por el economista Pankaj Ghemawat, profesor del IESE Business School, de Barcelona

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International Press / 2011

8 Indians Among Top 50 Thinkers
Silicon India News
November 20, 2011

The Anselmo Rubiralta Professor of Global Strategy at IESE Business School, in Spain, Panka Ghemawat is ranked 27th in the list. Popular for his efforts on globalization, he authored books like "Games businesses play: Cases and Models", "Creating value through international strategy", "Redefining global strategy"; "Crossing borders in a world where differences still matter" and "Strategy and the business landscape". His latest work "World 3.0: Global prosperity and how to achieve it" scrutinizes the assumptions made regarding globalization. He disagrees with the idea of single global economy as mentioned in the The World is Flat by Thomas Friedman. He refutes on the base economic measures and indicators. He says, in a semi-globalized world at best.

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International Press / 2011

DHL lanza Índice de Conectividad Global
DINERO
Noviembre 18, 2011

La empresa de logística DHL ha publicado el primer Índice de Conectividad Global de DHL (GCI), un análisis detallado por países de los flujos que conectan el mundo. El estudio indica que la globalización no está tan avanzada como la mayoría de la gente cree y que la continua integración económica podría propiciar un aumento del PIB a nivel mundial de 5% o superior.

 El GCI evalúa a 125 países en función de la profundidad y amplitud de su integración en la economía mundial y también examina la relación entre la conectividad mundial y el bienestar. El estudio indica que la conectividad mundial cuenta aún con una enorme capacidad de expansión, incluso entre los países más "conectados".

 El estudio GCI se presentó con motivo de la Cumbre Empresarial APEC CEO Summit y  la “Leaders’ Week” en Honolulu, una conferencia mundial en la que los jefes de estado y los líderes empresariales se reúnen para discutir asuntos económicos internacionales. El estudio ha sido encargado por DHL y realizado por el reconocido economista y experto en estrategia empresarial global, Pankaj Ghemawat, profesor de Estrategia Global en la escuela de negocios IESE de Barcelona.

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International Press / 2011

"Ecónomo Pankaj Ghemawat: 'Empleo contra extremo-derecho y nacionalismo"
MO Mondiaal Nieuws
Noviembre 17, 2011

La crisis financiera del 2008 y la crisis económica ponen la globalización económica bajo más presión. No obstante, Pankaj Ghemawat, un ecónomo internacionalmente renombrado originario de la India, opina que todavía hay mucho espacio para una mayor integración internacional. Pero entonces se debe de trabajar más en oportunidades de empleo.

Pankaj Ghemawat (1959, Jodhpur, India) enseñaba durante veinticinco años en la Harvard Business School, en donde alguna vez fue el docente más joven, y está desde 2009 vinculado a la IESE Business School en Barcelona. The Economist citaba Ghemawat en su expediente sobre el desempleo a mediados de septiembre y el ministro-presidente flamenco Kris Peeters también se refirió a él hace unos años cuando lanzó su programa Flandres en Acción. Pankaj Ghemawat estuvo en Bruselas en principios de septiembre a invitación del tanque de pensamiento europeo Breugel.

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International Press / 2011
潘卡基·格玛沃特:纠正全球化认知
November 11, 2011


潘卡基·格玛沃特:纠正全球化认知

世界是平的理念夸大其辞!

潘卡基·格玛沃特(Pankaj Ghemawat)提出了半全球化理念和“世界3.0”概念,认为世界是平的、全球化时代不过是夸大其辞,其实地球不是平的。这与美国人托马斯·弗里德曼提出的“世界是平的”观点针锋相对,以颠覆笼统的全球化理念。由于其重要的创新思想体系,获得了中国CEO的关注,因此他隆重获邀出席《经理人》主办的2011(第五届)中国CEO年会,他所做的主题演讲,获得了与会近千位CEO和准CEO的普遍认同和赞赏。

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International Press / 2011
Latinoamérica sale mal parada en el ïndice de Integración Global
Trazacomex
November 16, 2011


No quedó muy bien parada América Latina en el Índice DHL de Integración Global, elaborado por los profesores Pankaj Ghemawat y Steven A. Altman, ambos del IESE Business School.

Presentado en el marco de la Cumbre Empresarial APEC 2011, celebrada en Honolulu, Hawaii, y encargado a ambos académicos por la multinacional alemana DHL, el índice mide los intercambios comerciales, financieros, de información y personas de 125 países.

La conclusión fundamental es que la globalización es bastante menos profunda de lo que se ha sostenido en los últimos años: mientras países como Holanda, Hong Kong e Irlanda poseen vínculos profundos y diversificados con todo el mundo, otros países como Botswana y Nepal están encerrados geográficamente, intercambian muy poco o con tan solo un o dos países vecinos.

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International Press / 2011

"Venezuela entre los países de menor integración global"
El Universal
15 Noviembre 2011

De acuerdo a un índice de DHL el país está en el puesto 111 de 125 estudiados

Honolulu, Hawaii.- Venezuela es uno de los países con peor integración global del mundo de acuerdo al primer Índice de Conectividad Global GCI -por sus siglas en inglés-, elaborado por la empresa DHL.

De las 125 naciones estudiadas, Venezuela se ubicó en el puesto 111, solamente por delante de algunos países africanos y de Estados vecinos como Paraguay, El Salvador y Guatemala.

"Cuando veo a Venezuela parece ser no como el caso de Nepal (último en el listado), que está constreñida por su ubicación geográfica y por el hecho de que está rodeada de montañas. Aquí parece ser más el hecho de que las políticas son las responsables del ranking en este estudio", afirmó el profesor y responsable del informe, Pankaj Ghemawat.

El índice mide cuán conectados están los países en el ámbito mundial luego de medir cómo han sido los flujos de comercio, capital, información y población entre 2005 y 2010. Asimismo, el GCI analiza la "profundidad" de las interacciones transfronterizas y su "amplitud" geográfica, distinguiendo así a los países que están enlazados con todo el planeta de los que apenas tienen conexión con un pequeño grupo de países asociados.

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International Press / 2011

"Venezuela carece de conexión con el resto del mundo"
Entorno Inteligente
15 Noviembre 2011

Ni la Alba, ni Mercosur ni China. Los esfuerzos del país por integrarse al resto del mundo no han resultado exitosos, según indica un estudio que midió los niveles de conectividad de 125 países donde Venezuela se ubicó en la posición 111.
El Índice de Conectividad Global (ICG), realizado por DHL, empresa internacional de servicios de encomiendas, se publicó en el marco de la cumbre de la Apec, que concluyó ayer en Honolulu, capital de Hawái.
"Muchas de las relaciones nuevas que ha establecido Venezuela le dan una amplitud de interacción con el mundo, pero las negociaciones realizadas de estado a estado algunas veces crean problemas", señaló Pankaj Ghemawat, redactor del informe.

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International Press / 2011

"DHL lanza el emblemático Índice de Conectividad Global 2011"
Sociedad Uruguaya
12 Noviembre 2011

Un importante potencial aún sin explotar para el crecimiento económico

·  El nuevo estudio indica que la globalización no está tan avanzada como muchos piensan

·  La continua integración económica puede ofrecer aumentos del PIB a nivel mundial

·  La expansión de la conectividad puede acelerar el fin de la crisis económica

DHL, el líder mundial de logística publicó el primer Índice de Conectividad Global de DHL (GCI), un análisis detallado por países de los flujos que conectan el mundo. El estudio indica que la globalización no está tan avanzada como la mayoría de la gente cree y que la continua integración económica podría propiciar un aumento del PIB a nivel mundial del cinco por ciento o superior. El GCI evalúa a 125 países en función de la profundidad y amplitud de su integración en la economía mundial y también examina la relación entre la conectividad mundial y el bienestar. El estudio indica que la conectividad mundial cuenta aún con una enorme capacidad de expansión, incluso entre los países más "conectados".

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International Press / 2011

Die Welt ist nicht flach
Süddeutsche Zeitung
November 12, 2011

Studie: Die Globalisierung steht erst am Anfang

Für die einen ist Globalisierung der Kern allen sozialen Übels, für die anderen Voraussetzung für wirtschaftlichen Erfolg. Alle unterstellen einen Siegeszug der internationalen Vernetzung.

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International Press / 2011

Globalisierung ist noch ausbaufähig
DW
November 11, 2011

Christina Bergmann
Für die einen die Wurzel allen Übels, für die anderen die Lösung aller Probleme: Globalisierung, die internationale Vernetzung von Staaten, Menschen, Waren und Dienstleistungen. Doch ist sie tatsächlich Realität?

Die Welt ist weit weniger vernetzt als allgemein angenommen. Das ist das überraschende Ergebnis einer Studie, die das Logistikunternehmen DHL zum ersten Mal in Auftrag gegeben hatte. Durchgeführt hat sie der renommierte Ökonom Pankaj Ghemawat, Professor an der IESE Managementschule in Barcelona. "Nur zwei Prozent aller Telefongespräche werden international geführt, nur zehn Prozent aller Investitionen sind ausländische Direktinvestitionen", erklärt Ghemawat. Gehe man von einem Globalisierungspotenzial von 100 Prozent aus, würden derzeit gerade zehn bis 20 Prozent genutzt.

Der Ökonom hat aus Telefon- und anderen Daten von 125 Ländern einen "Globalen Vernetzungsindex" (Global Connectedness Index, GCI) zusammengestellt. Berücksichtigt wurden neben dem Handel die Bewegung von Kapital, Informationen und Menschen. Dabei geht es nicht nur um das Volumen des Austauschs, sondern auch darum, mit wie vielen verschiedenen Ländern der Austausch stattfindet.

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International Press / 2011

Baja rezago en conectividad
El Economista
Noviembre 10, 2011

Honolulú, EU. Como un referente de qué tan profunda y ampliamente está integrado un país con el resto del mundo, el Índice de Conectividad Global de DHL 2011 situó a México en la posición 88, con un avance de 14 posiciones frente a los últimos cinco años.


Aun cuando fue la octava economía que más subió en la clasificación -la cual abarca 125 naciones-, México se mantuvo rezagado, con mayor fortaleza en el flujo de sus capitales y una marcada debilidad en el intercambio comercial.

Ésta es la primera vez que DHL encarga el índice, aunque incluyó un análisis retrospectivo con las tendencias para cada nación en el último lustro, del 2005 al 2010.

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International Press / 2011
The 50 Most Influential Management Gurus
Harvard Business Review
November 11, 2011


Pankaj Ghemawat

Pankaj Ghemawat is the Anselmo Rubiralta Professor of Global Strategy at IESE Business School, in Spain. Prior to that he was the youngest full professor ever appointed at Harvard Business School.

Best known for his work on globalization, Ghemawat's books include Games Businesses Play: Cases and Models (1997); Creating Value Through International Strategy (2005); Redefining Global Strategy; Crossing Borders in a World Where Differences Still Matter (2007); and Strategy and the Business Landscape (2009).

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International Press / 2011

Many European banks wobbling at the edge of insolvency
Livemint.com – The Wall Street Journal
November 8, 2011

Mini Menon
Pankaj Ghemawat, Anselmo Rubiralta professor of global strategy at Spain’s IESE Business School, said European banks may resemble Japan’s zombie banks, which led to two decades of economic stagnation in the Asian nation, if the European lenders decline to accept a bailout because that would dilute their existing shareholders. In an interview, Ghemawat advocates restructuring the European banks so that “credit starts flowing again, which is not what’s going to happen if all the banks are hanging on by their fingernails, to meet their capital adequacy.” Edited excerpts:

What happens if Greece moves out of the euro zone or is pushed out of it?

Well, the big technical problem that’s been preoccupying people in Brussels is all the contracts, all the external contracts are denominated in euro, it’s not quite clear how you rewrite them. So, there are some essential technical problems that their people can’t imagine a solution to, but on the other hand, what happened (last week) was unimaginable as well. So, if that eventuality comes to pass, I am sure that there will be a write-off or a partial write-off on some of those euro obligations and so forth.

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International Press / 2011

'Big biz needs to be regulated'
The Time of India
November 2, 2011


Pankaj Ghemawat, the celebrated strategist and academician who is currently Anselmo Rubiralta Professor of Global Strategy at IESE Business School Barcelona, describes himself in one word in his business card: Strategist. The ex-Mckinsey staffer spent 25 years as a full time faculty in Harvard Business School and is the youngest professor in the school's history. Ghemawat, in Delhi as one of the speakers for AdAsia 2011, took 30 minutes off between sessions for a quick tete-a-tete on issues surrounding the current business environment. Excerpts:


There is a huge social build-up against big businesses and capitalism. Do you think it would spread?


In fact, that's the subject of my next report I'm working on for the Harvard Business Review. The problem is the manifestation of social unrest. If you look at the profits of the S&P 500 companies, they are at record levels. Most companies have done well and have come out of the recession much better off than earlier but that has not impacted most people on the streets positively. The government seems unwilling to address sources of market failure and only with a sound government policy can you put a lid on the social unrest.

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International Press / 2011

India around the world in a 3.0 perspective
Special Bulletin Adasia
November 1, 2011

What is your vision for the world in terms of globalisation by the year 2020?

The best case scenario for the world is one in which we manage to work through the imbalances, inequities and fear that currently threaten to paralyze the world economy and are even able to make some progress towards further cross-border integration. The worst case scenario is that the next few years turn into the “terrible teens” and lead to an outbreak of protectionism – because if they do, the world economy is unlikely to recover from their malign effects by 2020.

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International Press / 2011

Globalisation is not as widespread as one thinks
The Hindu Business Line
November 1, 2011

Cross-border telephone calls around the world are only about one-tenth of all calls made
About 10-20 per cent of the bits and bytes on the Net actually cross national borders
Typically, people get 90 per cent of their news locally, than from abroad.

Only 10 per cent of global investments are FDI

Mr Pankaj Ghemawat, global strategist, and author of a recent book, ‘World 3.0, Global Prosperity and How to Achieve It' published by Harvard Business, made these telling points to emphasise that the world is not as globalised as one would like to think it is.

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International Press / 2011

The Future of Globalization
Evonik Magazine
November, 2011

 

Too much controversy and not enough action—globalization is still in its infancy, according to the economist Professor Pankaj Ghemawat, who calls for a new approach that will stimulate global economic development and offer the world’s people greater prosperity.

Before we examine the future of globalization, we should first evaluate just how global we already are today. The fact is that we are living in a semi-globalized world—but we’re not exploiting even 50 percent of the potential that could be tapped from full globalization. Instead, we’re only taking advantage of 10 to 25 percent of this potential at the most.

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International Press / 2011
Thinkers50 Announces Nominees for Global Business Awards
IndiaWest
October 24, 2011


  • The Thinkers50, a group that celebrates global business thinkers, has announced nominees for its annual awards in seven categories: Breakthrough Idea, Innovation, Strategy, Leadership, Global Village, Future Thinker and Best Business Book.

    Winners will be unveiled at a summit Nov. 14-15 at the Lancaster Hotel in London, U.K. The ranking is done every two years and a 2009 winner was the late corporate strategy expert C.K. Prahalad.

    Criteria for awards include: originality, practicality, loyalty of follows, presentation, written communication, business sense, international outlook, research rigor, impact and guru factor.

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    International Press / 2011

    "AdAsia 2011: Synthesising business with spiritualism & Karma"
    Exchange4Media.com
    Octubre 24, 2011

    As more and more companies from India reach out to markets like the US, Europe, Africa and South America, each one is projecting India as a global brand. What would make India a truly global brand in the next decade? What are the aspects to consider for this endeavour? Know how in the session 'India 2020', where speakers like Kurush Grant, Executive Director, ITC; Sanjay Kapoor, CEO, Bharti Airtel Ltd India & South Asia; Ravi Swaminathan, Managing Director & Regional VP, Sales & Marketing, AMD India; and Arvind Uppal, Managing Director, Whirlpool India, engage in a discussion on the same with Global Strategist Pankaj Ghemawat.

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    International Press / 2011

    "Guillermo Ortiz propone IVA generalizado"
    CNN Expansión
    Octubre 24, 2011

    QUERÉTARO, México (CNN Expansión)

    El ejemplo Cemex

    Previo a la participación de Ortiz, el profesor Pankaj Ghemawat señaló que la dependencia de México en Estados Unidos (84% del comercio es con EU) es uno de los retos para diversificarse y, ante la falta de dinamismo de los norteamericanos, deberá ponerse énfasis en dinamizar la economía y el mercado doméstico.

    Sobre lo que debería hacer el país para pasar de emergente a desarrollado, el profesor del IESE recomendó tomar como ejemplo lo que ha hecho Cemex:

    ·  Contratar a los mejores de las mejores escuelas de negocios del mundo.

    ·  Implementar programas de capitación.

    ·  Desarrollar equipos de trabajo trasnacionales y tener un tipo de alta dirección multinacional.

    ·  Tener un sólo idioma oficial para hacer negocios (Cemex adoptó el inglés)

    ·  Enfatizar en el uso de las Tecnologías de la Información

    ·  Contratar consultores internacionales y realizar comparativos (benchmarks) globales

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    International Press / 2011

    "'Flat’ World Will Take Time to Smooth Out: Pankaj Ghemawat"
    Bloomberg
    October 20, 2011

    Six years ago, Thomas Friedman published "The World Is Flat," which has sold about 4 million copies and set the pace for global blockbusters. The book continues to have a strong grip on people's imaginations. A recent Harvard Business Review blog posting provides evidence: I conducted a mini-survey asking which of three quotes about globalization came closest to reflecting readers' views. Of 642 respondents, more than three in five picked the following apocalyptic pronouncement from Friedman over two more moderate alternatives: 

     The world got flat…[creating] a global, Web-enabled playing field that allows for…collaboration on research and work in real time, without regard to geography, distance or, in the near future, even language.

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    International Press / 2011

    "China CEO Forum: The World 3.0 Trend"
    PR Newswire - United Business Media
    Octubre 19, 2011

    TATA Group Chairman RATAN TATA: The Current World is Semi-Globalization at its Best, World 3.0 is a reality

    BEIJING, Oct. 19, 2011 /PRNewswire-Asia/ -- Today, many enterprises are encountering new difficulties. "The days at present are worse than those in the period of financial crisis," some enterprises complained. The financial crisis had many entrepreneurs reconsider the globalization and redistribute their markets. "My personal advice is that Chinese enterprises not blindly pursue globalization, but to pay close attention to the huge domestic market. Don't focus on the big markets, but at the small markets and the markets around you…", said the world famous economist and strategist Pankaj Ghemawat at the 5th China CEO Forum held on Sep. 24th 2011. Meanwhile, he also brought on the latest result of his research: World 3.0.

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    International Press / 2011

    Occupy Wall Street到全球化
    The Sing Tao Daily
    October 18, 2011

    美国纽约的领华尔街” (Occupy Wall Street)示威蔓延全球,示威者在多个大城市同步举行抗议游行,使这运动开始出现真正的全球影响力。意大利罗马、英国伦敦、法国巴黎、西班牙马德里、澳洲悉尼、南韩首尔、日本东京和中国香港等地,都有不同规模的抗议

    论者认为,Occupy Wall Street得到全球广泛响应,深层次原因是美国以至全球经济形势低迷,美国经济表现持续低迷,欧洲债务危机日益深化,而在各国民众饱受经济问题困扰时,西方社会金融巨头继续成为被针对的对象。政府的经济挽救方案被视为主要是为了令金融巨头免于破产,结果是财富更倾斜向少数人,富豪继续利用金融风暴大肆投机,引发民众强烈不满

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    International Press / 2011

    Spanish firms look abroad for better financial footing
    The Miami Herald
    October 17, 2011

    MADRID - With Spain struggling to escape the European debt crisis and facing the threat of another recession, strapped companies in the country are increasingly looking abroad for new business and financing – and losing their Spanish accent in the process.

    While it is hardly a corporate exodus, the fear that the trickle will become a flood if the Spanish economy worsens is generating concern at a time when the government in Madrid is struggling to find additional revenue to close a gaping budget deficit.

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    International Press / 2011

    "A Whole New World"
    bt Business Today Egypt
    Octubre 17, 2011

    The world may be larger than we think, according to IESE Business School professor Pankaj Ghemawat By Robert Terpstra

    Pankaj Ghemawat, one of the world's top management experts, set out to define what he calls World 3.0, wherein he places his literary nemesis Thomas Friedman's widely held beliefs of widespread globalization to bed for good. Friedman has sold millions of copies of The World is Flat in championing what Ghemawat describes as World 2.0 - a time period now in the distant past.

    In his new book, aptly titled World 3.0: Global Prosperity and How to Achieve It, the author reveals that the third millennium will encompass business strategies that "adjust to, overcome and harness differences," and reveals his theory of semiglobalization or partial global integration.

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    International Press / 2011

    Many Spanish firms eager to be far from home
    Herald Tribune
    October 15, 2011

    Telefónica among latest to export operations as domestic prospects dim

    With Spain struggling to escape the European debt crisis and facing the threat of another recession, cash-strapped companies in the country are increasingly looking abroad for new business and financing – and losing their Spanish accent in the process.

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    International Press / 2011

    Trouble in the middle
    The Economist
    October 15, 2011

    Is time running out for business schools that aren’t quite elite?

    IN 2009, when the American economy was beset by recession, interest in MBA programmes hit a record high. No one was much surprised: applications to business schools often rise during the first years of a recession as people seek shelter from the storm. So perhaps no one should be surprised that in both succeeding years applications have fallen. That’s what prolonged doldrums do.

    Yet, privately at least, some business schools are worried that a two-year decline, along with a level of applications from American students lower than it has been this century, is more than just a response to the economy. They fear that the established model of business education may be in trouble, if not for all schools, then definitely for mid-ranking American institutions offering a traditional two-year MBA. Two-thirds of schools which offer long, residential programmes saw applications drop in 2011.

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    International Press / 2011

    "Spanish Companies Look Abroad for Growth"
    The New York Times
    October 14, 2011

    On average, Spanish companies in the main Ibex stock market index have been trading recently at price-to-earnings ratios below those of their counterparts in Greece, which has suffered the most during the debt crisis, said Pankaj Ghemawat, a professor of strategic management at the IESE business school in Spain.

    "Spanish companies are really getting hit very hard in terms of their ability to issue shares and raise financing in general," Mr. Ghemawat said. "It might not boost the market capitalization immediately, but it does make sense to shift assets to safer jurisdictions, should things really get more sour here."

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    International Press / 2011

    "La competitividad es el gran reto de la economía de México"
    Informador
    Octubre 12, 2011

    México aún juega un papel muy pequeño en la economía mundial. El académico indú Pankaj Ghemawat recomienda a los empresarios mexicanos mirar hacia otros horizontes para hacer negocios.

    CIUDAD DE MÉXICO (12/OCT/2011).- "La globalización es muy frágil y muy limitada para muchos países, y a menos que le tomemos un interés real, muchos de los beneficios que nos podría ofrecer no se reflejarán en el bienestar de la economía", afirma el doctor Pankaj Ghemawat, uno de los nuevos gurús de la economía mundial, cuyos diagnósticos suelen ser muy precisos cuando se trata de definir los fenómenos del mercado. Lo llaman "estratega de la economía", aunque él se considera un simple observador del gran concierto de cifras y divisas que todos los días desfilan ante sus ojos.

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    International Press / 2011

    "Reducción en Cemex, de 15 por ciento: Ghemawat"
    Milenio
    Octubre 10, 2011

    Compra de Rinker se dio en mal momento, considera el experto de Harvard. Contra lo que pudiera pensarse en el sentido de que Cemex ha tenido que reducir su tamaño considerablemente debido a los efectos de la crisis en sus finanzas, lo cierto es que la empresa ha reducido su tamaño cuando mucho un 15 por ciento, aseguró Pankaj Ghemawat, gurú de la economía que ha escrito un caso de negocios de la cementera para Harvard. El estratega global, que en los últimos tiempos ha analizado la evolución de Cemex, señaló que la corporación tiene frente a sí el reto de reinventarse.

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    International Press / 2011

    "世纪纵横荣获2011年"影响中国管理实践十大咨询案例"
    Finance Ifeng
    October 8, 2011

    北京 2011-10-08(中国商业电讯)--2011年9月24日,由国内最具影响力的商业管理媒体《经理人》杂志主办的"2011(第五届)中国CEO年会"在北京朝阳悠唐皇冠 假日酒店隆重举办。年会主题是"增长转型新思维"。世纪纵横(北京)管理咨询公司成功荣获由经理人杂志组织业内专家、机构、CEO评选的2010-2011年度"影响中国管理实践10大咨询案例"。

    中国CEO年会诚邀著名经济学家、全球战略大师潘卡基•格玛沃特(Pankaj Ghemawat),为与会企业家进行解析""世界3.0时代"的创富之道"。并与国务院发展研究中心宏观经济研究部部长余斌、玖龙纸业[5.52 -0.90%]董事长张茵、格兰仕集团CEO梁昭贤、新华都[11.73 -1.76% 股吧 研报]集团总裁唐骏等同台对话,共同探讨中国企业未来增长转型模式。

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    International Press / 2011

    Globalização: Fato ou Mito?
    Fator Brazil
    October 4, 2011

    O agravamento da prolongada crise financeira mundial tem levado a questionar a globalização. Será esta, da forma com vem sendo entendida nos últimos anos, apenas um mito? Será que, como ocorreu com o período de grande internacionalização ocorrido nas décadas que antecederam a Primeira Guerra Mundial, a globalização atual está fadada a ter um fim?

    Para responder a essas questões, deve-se entender o estágio em que se encontra a integração econômica mundial e quais são os ensinamentos que podemos tirar desta crise.

    Apesar de todo o burburinho provocado em torno da globalização, não podemos ainda dizer que “o mundo é plano”. É o que mostra Pankaj Ghemawat em seu livro recém-publicado, World 3.0, que adota um método simples e intuitivo para avaliar o grau de integração hoje existente, ao considerar os fluxos e atividades que podem ocorrer tanto dentro como através das fronteiras nacionais e calcular qual porcentagem destes pode ser considerada internacional.

    Com isso, chega-se a alguns resultados surpreendentes. Por exemplo, o investimento estrangeiro direto correspondeu em média, nos últimos anos, a apenas 10% do investimento total mundial, o que sugere que aproximadamente 90% de todo o investimento fixo mundial ainda é doméstico. No que se refere ao dinheiro investido por fundos de capital de risco, apenas 15 a 20% de seu total são por eles aplicados fora dos países onde se encontram as suas sedes. E, ao analisar as bolsas de valores mundiais, o resultado não é aquele que seria de se esperar em uma economia globalizada: somente por volta de 20% das ações estão nas mãos de investidores estrangeiros.

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    International Press / 2011

    Deixei o Thomas Friedman perturbado
    Época Negócios
    Octubre 3, 2011

    Primeiro ele desancou o mundo é plano. Agora, o indiano Pankaj Ghemawat diz ter o caminho das pedras para as empresas se internacionalizarem

    Por Robson Viturino

    O professor Pankaj Ghemawat poderia ser um personagem do livro O Mundo É Plano, do jornalista e comentarista Thomas Friedman. Nascido na Índia, fala um inglês sem nenhum sotaque. Dá aulas de estratégia global na Iese Business School, da Espanha, uma das principais escolas de negócios do mundo. Antes disso, lecionou em Harvard, onde foi o acadêmico mais jovem a receber o título de professor titular, aos 31 anos. Tem viajado por todo o planeta para lançar seu mais recente livro, Mundo 3.0 – Como alcançar a prosperidade global (que deve sair no Brasil em novembro). Mas, com esse currículo para lá de globalizado, Ghemawat decidiu ser o antípoda da própria história. Em 2008, publicou um artigo bombardeando a tese de Friedman. “A ideia de que as fronteiras não importam é terrivelmente equivocada”, disse. Desde então, ganhou notoriedade ao revelar os buracos de um mundo que ele diz não ter nada de plano.

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    International Press / 2011

    "麥當勞供應素食漢堡!落實商業全球化?"
    The Economist Newspaper
    October, 2011

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    International Press / 2011

    "Business schools and globalization - Promising the World"
    The Economist - Schumpeter
    September 29, 2011

    HOW good are business schools at teaching globalisation? One answer to this question is that it depends on who you ask. If you read the glossy brochures of the business schools themselves, the answer is clear: very. Globalisation can be found in the marrow of our bones, they say, the helix of our DNA. Witness our diverse cohort, the partnerships we have with foreign institutions and how many students we send to China for a week, learning about how they do business over there

    According to Pankaj Ghemawat, a professor at IESE business school, these schools should be charged with false advertising. Mr Ghemawat is the author of "World 3.0" (which our Schumpeter columnist raved about here) and the co-author of a recent report looking at globalisation within business schools.  

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    International Press / 2011

    "Most Trusted Brands 2011: What Coke learnt about globalization and branding"
    The Economic Times
    September 28, 2011

    Perhaps the simplest way of understanding the current status of global branding is to look at Milward Brown's database covering 10,000 top brands in 31 countries. Only 16% are recognized in more than one country, and only 3% are recognized in more than seven!

    Note that this is the situation more than a quarter century since the late Ted Levitt, once my colleague at Harvard, published his manifesto, "The Globalization of Markets," proclaiming that customers everywhere increasingly want the same thing. Simply because it is fashionable to make such proclamations doesn't mean that it is profitable to take them seriously. Rather, the reverse is true.

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    International Press / 2011
    Indiaas econoom Pankaj Ghemawat over werkgelegenheid contra extreemrechts en nationalisme
    MO Mondiaal Nieuws
    September 28, 2011

    De financi?le crisis van 2008 en de aanslepende economische crisis zetten de economische mondialisering onder steeds grotere druk. Pankaj Ghemawat, een internationaal gerenommeerde econoom van Indiase afkomst, vindt nochtans dat er nog heel veel ruimte is voor meer internationale integratie. Maar dan moet er wel dringend werk gemaakt worden van meer werkgelegenheid.

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    International Press / 2011

    The World Isn’t Flat! Prof. Pankaj Ghemawat Speaks on World 3.0: Global Prosperity and How to Achieve It
    CEIBS Press Release
    September 21, 2011

    Shanghai campus -- Despite Thomas Friedman’s assertions and increasing channels that facilitate interconnectivity, the world really isn’t as flat as we think it is; there are myriad opportunities for, and benefits to be gained from, greater global integration; and those who fear globalisation need not panic. Those were some of the key points made by renowned author Professor Pankaj Ghemawat during a CEIBS Executive Lecture this evening. The event, held on the Shanghai campus, attracted an audience of about 150, including students, alumni, business executives and the media.

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    International Press / 2011

    The new special relationship. Amid the economic gloom, Britain is at the leading edge of an important global trend
    The Economist
    September 10, 2011

    AROUND four centuries ago, British capital started flowing into India, creating the East India Company, and laying the foundations of the empire. Now capital is flowing in the other direction. In the past ten years the Tata group—which ranges from steel and engineering to chemicals, telecoms and tea—has spent $15 billion buying up famous British firms. Tetley tea was followed by Corus (formerly British Steel) and Jaguar Land Rover (JLR), maker of two of the most quintessentially British cars, and Brunner Mond, a founder of what was (until it went the way of all empires) Imperial Chemical Industries. As a result of these purchases, Tata is now Britain’s biggest industrial employer (see article).

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    International Press / 2011

    'The flat world is globalony'
    Business Standard
    September 6, 2011

    Lunch with BS: Pankaj Ghemawat

    The professor and strategist on making the world round again.

    There are a couple of things you can’t miss when you meet Pankaj Ghemawat — professor, strategist and author of five books. One, he’s punctual. Two, at around six foot four, he’s very tall. Being at least a foot shorter, I’m literally forced to look up to him as we meet in the lobby of the ITC Parel hotel, writes Leslie D’monte. “What would you like to eat?” I ask quickly, keen to make the most of his time. “Indian. This is one cuisine I haven’t had during this stay,” he says without hesitation. As we walk towards “Kebabs & Kurries”, I tell him that I’ve just read his latest book World 3.0 that rubbishes the “flat” world concept popularised by New York Times columnist Thomas Friedman. “Good. Now I don’t have to repeat what’s in my book,” he quips. We ask the steward to decide on our behalf. No alcohol or pre-lunch drink for the professor, so we get down to the chat.
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    International Press / 2011

    "Les dirigeants se plaignent de la pénurie de gens à l'esprit global» - Pankaj Ghemawat, professeur de management stratégique à l'IESE "
    Challenges - Anne Tézenas du Montcel
    August  26, 2011

    Challenges.  La mondialisation, qui est le sujet de votre livre World 3.0, a-t-elle impulsé la mobilité des personnes à travers le monde?

    Pankja Ghemawat. En fait, la mondialisation n´est que partielle. Je parle de "semi-mondialisation". Seulement 3% de la population mondiale vit hors de son pays d´origine. Et cette proportion ne devrait pas dépasser 5% d´ici à 2050

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    International Press / 2011

    "Zehn Irrtümer, die für Unternehmen gef?hrlich werden"
    Wirtschafts Woche
    August 12, 2011

    Viele Menschen übersch?tzen die Globalisierung und ausgerechnet Firmenchefs liegen besonders stark daneben. Der renommierte ?konom Pankaj Ghemawat erkl?rt in zehn Punkten, was Spitzenmanager über die Globalisierung wissen sollten, um ihr Gesch?ft in der Krise nicht weiter zu gef?hrden.

    Irrtum Nr. 1: Wir leben in einer v?llig globalisierten Welt

    Trotz all der Aufregung darüber, dass wir angeblich schon in einer v?llig globalisierten Welt leben, hat die Globalisierung gerade erst einen Grad zwischen zehn und zwanzig Prozent erreicht.

    Lediglich zwei Prozent aller Telefongespr?che werden über nationale Grenzen hinweg geführt.

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    International Press / 2011
    Barclays and HSBC: not so global (thank goodness)
    FT Business Blog
    August 2, 2011


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    International Press / 2011

    Relief and Dismay Greet Budget Deal Worldwide
    New York Times/International Herald Tribune
    August 1, 2011

    FRANKFURT — Political brinkmanship in Washington, pushing the country close to default, has raised fears in the rest of the world that America is in for a long period of political instability that could have profound consequences for global growth, investment and diplomacy.

    Political leaders, economists and other financial analysts outside the United States expressed relief at a likely debt deal, but the big takeaway for many was that a minority in Congress could threaten the global financial system. The realization prompted some foreign observers to question the integrity not only of Treasury bills but even of American democracy.

    “People are surprised to how close we came to a train wreck,” said Pankaj Ghemawat, a professor at IESE Business School in Barcelona who is author of a newly published book on globalization. “It doesn’t inspire confidence in what else might be coming down the tracks.”

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    International Press / 2011

    "The Seven Secrets of Successful Globalization"     
    The Wall Street Journal
    July 31, 2011

    A fashionable consensus among MBA students, managers and luminaries such as Colin Powell, George Soros and Tom Friedman, to name but a few, has been building around the notion that the world is globalized - that borders don't matter at all.

    But fashion is no substitute for the facts - so consider some data about globalization.

    Despite the perception that people, money, trade and information are more mobile than ever before, the reality is somewhat different.

    Take people. First-generation immigrants represent only 3% of the world's population and the percentage of the world's population comprised of immigrants is the same as it was in 1910.

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    International Press / 2011

    "Flatness Revisited. Linguistic, cultural and geographic distance still matter greatly in IT services"
    DNA Daily News & Analysis
    July 25, 2011

    Six years ago, we saw not only the first publication of DNA, but also of Tom Friedman's The World Is Flat. The book is worth revisiting because it was motivated by the Indian information technology (IT) sector, it had extraordinary impact at the time of its release, and it continues to have a strong grip on people's imaginations.

    Thus, in a recent Harvard Business Review blog posting, I ran a survey asking which of three quotes about globalisation came closest to mirroring readers' views. More than 60% of the respondents picked the following apocalyptic pronouncement from Friedman over two more moderate alternatives:

    The world got flat…[creating] a global, web-enabled playing field that allows for…collaboration on research and work in real time, without regard to geography, distance or, in the near future, even language.

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    International Press / 2011

    «Η λύση για το χρέος δεν φέρνει την ανάκαμψη»
    ENET - Greek Sunday News
    July 24, 2011

    ΟΙ ΑΡΝΗΤΙΚΕΣ εξελίξεις στην Ελλάδα μονοπωλούν τα πρωτοσέλιδα των μεγάλων διεθνών δημοσιογραφικών εντύπων, κρύβοντας άλλες πτυχές της κρίσης που αντιμετωπίζει ο πλανήτης. Τα προβλήματα της οικονομίας των ΗΠΑ διογκώνονται, με την επίσημη ανεργία να έχει πλησιάσει το ψυχολογικό όριο του 10%. Η Ιαπωνία βυθίζεται όλο και πιο βαθιά σε ύφεση, ενώ οι προοπτικές διάλυσης της ευρωζώνης όλο και αυξάνονται.

    Για τα προβλήματα της παγκόσμιας οικονομίας, αλλά και για την ελληνική οικονομία, μιλήσαμε με τον διάσημο οικονομολόγο και συγγραφέα Pankaj Ghemawat, στο πλαίσιο της δημοσίευσης του καινούριου βιβλίου του «World 3.0: Global Prosperity And How Το Achieve It», που κυκλοφόρησε από τον εκδοτικό οίκο του Πανεπιστημίου του Χάρβαρντ.

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    International Press / 2011

    "Potenzial der Globalisierung erkennen"
    Börsenkurier
    July 21, 2011

    Der Integrationsprozess ist nicht so weit fortgeschritten, wie viele glauben, was auch Daten belegen. So liegt etwa der Anteil grenzüberschreitender Telefongesprächeweltweit bei lediglich 2 %, genauso wie jenerausländischer Studenten. Einwanderer der ersten Generation machen nur 3 % der Bevölkerungaus. Etwas höher sind mit 10 % die ausländischen Direktinvestitionen. Der Anteil der Exporte am BIP übersteigt durchschnittlich nicht 30 %

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    International Press / 2011

    "Die WelSüdländer müssen durch Exporte wachsen"
    Handelsblatt
    July 19, 2011

    Damit sie Wiirtschaftlich gesunden, müssen die Euro-Peripeherieländer die Wachstumsmärkte der Well für sich entdecken. Griechenland und Portugal liegen am Rande Europas, ader die Probleme der beiden Länder sin für Deutschland wharhaft kein Randproblem.

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    International Press / 2011

    "Mythos und Realität der Globalisierung"
    Frankfurter Allgemeine Zeitung
    July 18, 2011

    Die Welt ist weniger globalisiert, als viele meinen. Sowohl Kritiker als auch Befürworter der Globalisierung sollten die Daten genauer  anschauen - und eine realistische Sicht der "Welt 3.0" entwickeln. Von Pankaj Ghemawat

    Das ökonomische Chaos der vergangenen Jahre hat viele bewogen, ihre Ansichten über Märkte und die Globalisierung zu überdenken. Bringt die Marktintegration wirklich so viel Gewinne, wenn sich doch in der Realität auch Marktversagen ...

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    International Press / 2011

    "Do CEOs need to know a company's home language?"
    Financial Times
    July 13, 2011

    THE PROBLEM

    This week, it was reported that Anshu Jain, the head of the investment bank at Deutsche Bank, is learning German as part of a "charm offensive" to improve his chances of becoming chief executive.

    But in the era of global business, does a chief executive actually have to learn the language of the company's home market?

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    International Press / 2011

    Opportunities abound for exporters but not without challenges
    The Global Small Business blog
    July 12, 2011

    As Pankaj Ghemawat (pictured), a professor of global strategy at Spain's IESE Business School and author of the new book, World 3.0 (Harvard Business Review Press) says:

    By recognizing that borders still matter, says Ghemawat, companies can better calibrate which markets and trading partners offer the best chance for truly global gains.

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    International Press / 2011

    How to get benefitted from a globalised world
    The Economic Times
    July 1, 2011

    Over the last few years, Pankaj Ghemawat has managed build quite a reputation. In his own words, "People look at me like I'm a dinosaur, or someone who's been asleep in a cave for the last few decades," says the Anselmo Rubiralta Professor of Global Strategy at IESE Business School in Barcelona, Spain. The reason: he's one of the few contrarians who hasn't jumped on the globalisation bandwagon. He refuses to accept that we live in a flat world where boundaries no longer matter. His book, Redefining Global Strategy, which hit the stands in 2007, made a case for why globalisation isn't as widespread as it is believed to be. Using instances of how enterprises like Wal-Mart were actually only truly successful in markets in geographical proximity to the home base, Ghemawat went on to argue that the biggest problem was that a lot of talk on globalisation was based on observations and debated in the absence of hard data.

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    International Press / 2011

    "3.0 Dünyasının yeni kuralları ."
    Capital Magazine Turkey
    July 2011

    Dünya sadece yüzde 10-20 oranında Global

    Capital: Yiyecek üretiminin ve tüketiminin dünyada daha yerelleşecek olmasını, arz talep dengesini ve birçok parametreyi içine alarak dünyanın bundan sonraki geleceği noktayı nasıl görüyorsunuz?
    - 3.0 Dünyası'nı yazarken bana yön veren konu buydu aslında. Diğer ülkelerle entegrasyon abartıldığı için önemli bir tehlike yaşadığımızı düşünüyorum. Dünyanın yüzde 100 globalleştiğini düşünürsek, entegrasyonu gerçekleştirmek için ekstra oyunlar yapmanın gereği de yok. Bence dünya sadece yüzde 10-20 oranında global. Globalizasyon öyle çok abartılıyor ki her şey globalleşmenin sonucu ya da suçu olarak görülüyor. Ben bu kitabı yazmaya 2007-2008 yılında, yiyecek krizinden sonra karar verdim. O dönem özellikle pirinç fiyatı 3 katına çıkmıştı. Bu pazara biraz daha derinlemesine bakmaya başladım. Herkesin pirinç fiyatının yükselmesini globalizasyona bağladığını fark ettim.

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    International Press / 2011

    "The World is not flat. So What"
    Forbes - Business India
    June 30, 2011

    Management guru Pankaj Ghemawat explains what it means to accept that the globalisationcup is more empty than full.

    You are a hotshot executive, your passport is a riot of colours with visa stampsand you see signs of globalisation everywhere -- in the McDonald's outlets of LatinAmerica, in the Coke cans left by the Chinese on African streets and in the argumentsof anti-globalisation activists in Canada. There is no denying that we live in theage of globalisation. The world is, after all, flat, as Thomas Friedman put it.Even if there are some ups and downs, it will invariably be flattened by the forcesof technology and trade.

    If you happen to subscribe to this world view, you probably haven't listened toPankaj Ghemawat.

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    International Press / 2011

    "The Economics of Secession"
    Financial Times
    June 28, 2011

    Sir, Xavier Cuadras-Morató and Modest Guinjoan assert (Letters, June 23) that secession from Spain would have a smaller negative effect on Catalan trade than I suggested in my article "The ties that bind Catalonia" (June 17). Their principal argument seems to be that my guesstimate of a two-thirds haircut on Catalonia's trade with the rest of Spain is too high because it is based on the dissolution of empires. To my original points, I would add that estimates such as Jeffrey Frankel's of a two-thirds "pure" border effect do not depend on the historical origin of a particular border. And I would draw further attention to the example of the "Velvet Divorce" between the Czech and Slovak republics, where trading intensity quickly dropped off to a greater extent despite considerable efforts on both sides to preserve trading relationships. Catalonia's separation from Spain would probably not be quite as amicable.

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    International Press / 2011

    "Die Globalisierung steht erst ganz am Anfang"
    Welt Am Sonntag
    June 26, 2011

    Die Globalisierung wirkt wie der böse Sheriff von Nottingham, sagen die einen: Sie nehme den Armen und gebe den Reichen. Autoren wie Naomi Klein ist die weltweite Öffnung der Märkte daher ein Graus. Sie habe die Entwicklungsländer und die sozial Schwachen in den Industrieländern in den vergangenen Jahrzehnten immer ärmer gemacht.

    Weit gefehlt, hält die andere Seite dagegen. "Die Welt ist flach", und davon hätten wir alle etwas, schreibt der amerikanische Kolumnist Thomas Friedman in seinem gleichnamigen Welt-Bestseller. Für Friedman wirkt die Globalisierung wie ein Robin Hood: Neue Technologien befähigten auch die Armen, sich - zum Beispiel als Online-Nachhilfelehrer - auf eigene Beine zu stellen.

    Beide Seiten könnten sich irren. Denn wir sind gar nicht so globalisiert, wie Kritiker und Enthusiasten uns glauben machen wollen. Das zeigt der Wirtschaftsprofessor Pankaj Ghemawat von der IESE Business School in Barcelona in seinem gerade erschienenen Buch "World 3.0"

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    International Press / 2011

    "Die Chancen werden unterschätzt" erst ganz am Anfang

    Die Welt

    June 26, 2011

     

    Es gibt bei der Globalisierung für alle viel zu gewinnen, sagt Pankaj Ghemawat

    In seinem Buch "World 3.0" nennt Pankaj Ghemawat die Globalisierung eine "große Übertreibung". Der Ökonom von der IESE Business School in Barcelona, die auch in München eine Niederlassung hat, glaubt: Die Globalisierung muss oft zu Unrecht als Sündebock herhalten.

    Welt am Sonntag: Herr Ghemawat, haben sich Millionen von Menschen geirrt, und wir leben gar nicht in einer globalisierten Welt?

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    International Press / 2011

    "Why the World isn´t getting smaller"
    Time Magazine
    June 19, 2011

    Tis the season to be selfish. Right after the global financial crisis exploded in 2008, many economists fretted that countries looking to hold on to their share of a shrinking pie would become more self-interested and protectionist, plunging the planet into an even sharper downturn, just as happened in the 1930s after the Great Depression. Thanks to panic-fueled crisis management by policymakers, it didn't happen. But after three years of pain and very little economic gain, it may be happening now.

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    International Press / 2011

    "Jorden er stadig rund"
    Berlingske Nyhedsmagasin
    June 17, 2011


    Trods al snak om globalisering er vi ikke synderligt internationale, siger professor Pankaj Ghemawat, som gør op med "Jorden er flad" - dogmet. De fleste virksomheder er forankret i deres hjemlande. Kommunikation og samhandel del foregår mere regionalt end globalt. Vi er i en World 3.0 - hverken globale eller det modsatte.

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    International Press / 2011

    "Es gibt viel weniger Globalisierung als wir denken"
    Deutsche Mittelsatnds Nachrichten
    June 17, 2011

    Für einige ist sie ein Traum, für andere ein Alptraum. In einem sind sich Globalisierungsbefürworter und--gegner jedoch einig: Globalisierund ist bzw. wird in naher Zukunft den realen Zustand der Welt reflectieren. Aber damit haben beide Seiten unrecht. Eine genaue Analyse der Daten zeigt, dass Grenzen und Entfernungen nach wie vor eine grosse Rolle spielen.

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    International Press / 2011

    "The Ties that bind Catalonia"
    Financial Times
    June 16, 2011

    Language is the most obvious difference between Catalonia and the rest of Spain, but there are many others. When the political temperature rises, these differences lead to calls for secession.

    Discussions of the economics of secession mostly focus on Catalonia's net fiscal transfers to the rest of Spain. But what secessionists tend to ignore are the economic ties that continue to bind Catalonia rather tightly to the rest of the country.

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    International Press / 2011

    Steigende Zinsen und Basel III erschweren Finanzierungen
    Deutsche Mittelstands Nachrichten
    June 14, 2011

    Die Finanzsituation der mittelständischen Unternehmen hinkt der guten Konjunktur hinterher. Die Zinswende der EZB schlägt immer mehr durch, die regulatorischen Anforderungen steigen und der Wettbewerb um Kapital nimmt zu.

    Die Finanzierungssituation kann nicht mit der guten Konjunktur mithalten. Zwar beschreiben die meisten Unternehmern ihre Situation als stabil. Aber der Zugang zu Krediten hat sich nach Aussage der befragten Unternehmen kaum merklich verbessert. DIHK-Experten hatten erwartet, dass der Anteil der „verbessert“-Meldungen deutlicher angestiegen wäre, was nicht der Fall war. Grund der Annahme war die sehr gute Geschäftstätigkeit im Inlands- und im Auslandsgeschäft.

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    International Press / 2011

    Drive V, Achieve vision
    The Financial Express / Indian Express
    June 12, 2011

    Arithmetical number crunching in business always has limitations. Perhaps that's why the first alphabet letter A looks blocked, sans a horizon. But the letter V opens wide into infinity, it drives unrestrained vision for achievement that is sustainable.

     When an enterprise has the guts to put its product or service in the V-drive, intelligently weaving in end-customer driven innovative R&D, success becomes obvious. There could be lots of turbulence in that journey, but a win is certain. This is what happened to Apple since incorporation in 1977. The company remained coherent in the V-drive of innovation. Today, Apple is the world's largest technology firm selling consumer electronics, computer software and commercial servers, with annual revenues of over $60 billion. The iPod continues to addict different generations.

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    International Press / 2011

    E-commerce held up by customs
    Financial Times
    June 1, 2011

    In a flatter economic world, no business should be able to zip around the planet more effortlessly than an internet business.

    Power up the data centres, build the interface and with one click you are available to users everywhere. Distribution is effortless and, in theory, the power of network effects – which make a product more attractive and useful the more people that use it, such as the telephone – should multiply the more countries you enter.

    So what goes wrong? Ebay struggles in China, and Google in Russia. Google’s social networking site Orkut is popular in Brazil and Iran, but nowhere else. Facebook cannot gain traction in Japan, while Twitter flourishes there. Online travel companies fail to thrive internationally.

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    International Press / 2011

    "Flat World? Far from it"
    Business Today
    May 29, 2011

    Did you know that Apple's iPod, though made in China, has contributions of 400-plus components from other countries of east Asia. Yet these add up to only one per cent of the retail price of $299 and most of the $163 value added goes to American companies, with about half going to Apple itself! Using such examples, Ghemawat argues that the world is not as globalised as we believe and goes on to explain market failures. He demonstrates how increased globalisation can overcome some of these failures.

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    International Press / 2011

    "Business books: World 3.0"
    Star Telegram
    May 15, 2011


    Glob­alization, as some see it, is just an­oth­er name for transnational American busi­ness and military hegemo­ny. But glob­al strategy expert Pankaj Ghemawat doesn't share that view. Af­ter citing examples of America's fail­ures to achieve its military objectives in re­cent years, Ghemawat turns to supposed American busi­ness hegemo­ny.

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    International Press / 2011

    "Moving back to America"
    The Economist
    May 12, 2011

    The opportunity for labour arbitrage is disappearing fastest in basic manufacturing and in China. Other sectors and countries are less affected. As Pankaj Ghemawat, the author of "World 3.0", points out, despite rapidly rising wages in India, its software and back-office offshoring industry is likely to retain its cost advantage for the foreseeable future, not least because of its rapid productivity growth.

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    International Press / 2011

    "Borders as the final Frontier"
    Financial Times
    May 11, 2011

    Multinational companies are used to pondering whether to shift their headquarters from one country to another. Rarely do they worry about the country itself shifting allegiance. So, international companies based in Scotland - including blue-chips such as Standard Life, the insurer, and Cairn Energy, the oil and gas group - received a shock last week when the Scottish National party won a majority in the country's parliament and promised a referendum on independence from England within five years.

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    International Press / 2011

    Globalisation: fact or marketing tool?
    The National
    May 8, 2011

    Iam writing this column in a French-style cafe in the Dubai International Financial Centre (DIFC), probably the most globalised location in the most globalised city in the Middle East.

    Next door is a British bank, across the way is a German financial institution, and a short walk away are the offices of a gigantic Asian financial conglomerate.

    For lunch I had Mexican fajitas. Last night I ate Japanese cuisine in an Emirati-owned hotel just a stone's throw from here. The waiters were Filipino.

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    International Press / 2011

    "Spring books for IT Leaders"
    Baseline Mobile
    May 5, 2011

    World 3.0: Global Prosperity and How to Achieve It by Pankaj Ghemawat, Harvard Business Press, Available May 17, 2011. The business professor and author outlines the new state of globalization, along with its new risks and opportunities.

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    International Press / 2011

    Globalisierung 0.5 -  Fakten und Zahlen
    The Intelligence

    May 3, 2011

    Müssen wir überhaupt noch über Globalisierung diskutieren? Ist sie nicht längst da und überaus erfolgreich? Umfragen deuten zudem darauf hin, dass beinahe die Hälfte der Deutschen das ehemalige Schreckgespenst der Globalisierung inzwischen eher als Chance denn Bedrohung für deutsche Unternehmen sieht (siehe Umfrage unten). Die jüngsten Unternehmenszahlen von Daimler Benz und VW scheinen diesen chancenorientierten Trend zu bestätigen. Die internationale Vernetzung bringt darüber hinaus die Menschen durch Ereignisse wie das Erdbeben von Japan, die Demonstrationen im Mittleren Osten und natürlich auch eine königliche Hochzeit so nahe zusammen, dass die Welt wie ein großes, globales Dorf wirkt.

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    International Press / 2011

    "Creating a Smart Export Strategy"
    INC U.S.A
    May 2011

    We're not nearly as globalized as we think we are, says Pankaj Ghemawat, a professor of global strategy at Spain's IESE Business School and author of the new book World 3.0 (Harvard Business Review Press). In fact, says Ghemawat, who was a professor at Harvard Business School for 25 years, cross-border trade accounts for only a quarter of worldwide economic activity. And that number appears to be shrinking: In the wake of the recent economic crisis, many countries are retrenching and attempting to isolate themselves from foreign economic problems

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    International Press / 2011

    A welcome challenge to “globaloney”
    The Week
    April 30, 2011

    There is a lively discussion about whether it is good or bad, but everybody seems agreed that globalisation is a fait accompli, says Schumpeter. One of the few to challenge this is Pankaj Ghemawat of IESE Business School in Spain, who has amassed a barrage of statistics to show that “we live in an era of semi-globalisation at most”

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    International Press / 2011

    Mondialisation? Vraiment?
    Express

    April 24, 2011

    Les grands économistes de notre époque débattent pour décider si oui ou non, la mondialisation est une bonne chose. Les fidèles de l’économiste Tom Friedman et ceux de Naomi Klein sont cependant d’accord sur un point : la mondialisation est un fait accompli.

    Pourtant, Pankaj Ghemawat de l’école des affaires espagnole IESE s’est penché sur ce sujet, et il n’est pas de cet avis. Dans son ouvrage "World 3.0", il explique que nous n’en sommes qu’à une ère de semi-globalisation, tout au plus, et il égrène les bas niveaux des différents indicateurs statistiques qui lui permettent de conclure que cette mondialisation n’en est qu’à ses débuts.

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    International Press / 2011

    "The case against Gobaloney"
    The Economist
    April 20, 2011

    GEOFFREY CROWTHER, editor of The Economist from 1938 to 1956, used to advise young journalists to "simplify, then exaggerate". He might have changed his advice if he had lived to witness the current debate on globalisation. There is a lively discussion about whether it is good or bad. But everybody seems to agree that globalisation is a fait accompli: that the world is flat, if you are a (Tom) Friedmanite,or that the world is run by a handful of global corporations, if you are a (Naomi) Kleinian.

    Pankaj Ghemawat of IESE Business School in Spain is one of the few who has kept his head on the subject.

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    International Press / 2011

    "In a World of economic turmoil, there's no place like home"
    The Globe and Mail
    April 10, 2011

    The global economic picture seems murkier than at any time since the height of the Great Financial Crisis in late 2008 and early 2009, with lots of questions and few clear answers about a host of risks. These range from turmoil in the Middle East (Libya has already been removed from the oil equation), the Chinese assault on inflation and a never-ending fiscal crisis in peripheral Europe to the Japanese recovery from its triple disasters and a U.S. economy being taken off the life support provided by a steady drip of fiscal and monetary stimulus.

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    International Press / 2011

    China deal: Devil's in the details
    Pittsburgh Tribune Review
    April 4, 2011

    Westinghouse surrendered next-generation nuke plant specs

    Westinghouse Electric Co. is sharing important technical information about its next- generation nuclear reactors with China with the hope that it will create business and not a competitive monster.

    China has 13 nuclear reactors, 25 under construction, and many more planned, said Westinghouse spokesman Vaughn Gilbert. China will spend an estimated $120 billion during the next nine years, a sum expected to more than double by 2030.

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    International Press / 2011

    How business education is adapting to globalisation
    CITI A.M.
    March 17, 2011

    The economy might be moving east, but American schools could still have a lot to offer students
    The economy might be moving east, but American schools could still have a lot to offer students
    SINCE their very beginnings, business schools have focused on international trade. When the Aula do Comercio was set up in Lisbon in 1759, one of the four subjects taught was the “study of weights and measures from different countries [and] methods for the exchange of currencies.”


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    International Press / 2011

    Dean Hildy Teegen Among Authors of AACSB Task Force Report on Challenges of Globalization in Business School Education
    NewsWise
    February 10, 2011

    Dr. Hildy Teegen, dean of the Darla Moore School of Business at the University of South Carolina, is among the authors of a groundbreaking report that addresses the current wave of globalization and the changes and challenges it poses for business schools.
    The report, "The Globalization of Management Education: Changing International Structures, Adaptive Strategies, and the Impact on Institutions," was released Thursday (Feb. 10) by AACSB International (The Association to Advance Collegiate Schools of Business) at a conference of business school deans in Phoenix, Ariz.
    Teegen, a member of the AACSB Globalization of Management Task Force, said business schools must be prepared to meet the rising expectations on the part of business and society for graduates to have greater global competencies.

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    International Press / 2011

    "Os Portugueses precisam de sair da sua zona do conforto"
    Exame Expresso
    January 24, 2011

    Os empresários e investidores portugueses têm de saber lidar com as diferenças quando se internacionalizam e ir para além da "proximidade", seja ela o espaço europeu (em que se concentram) ou o de língua comum. Têm de ter em conta a geoeconomia em profunda transformação e saber diversificar, procurando os mercados que estão a dar cartas no crescimento mundial. Mas para isso não se devem deixar vencer ou intimidar pelas barreiras.

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    International Press / 2011

    Renewed Optimism for Export-led Growth
    International Trade Forum
    January 11, 2011

    In his keynote address, global strategist and author of Redefining Global Strategy, Pankaj Ghemawat, spoke on the theme of ‘Trade and Globalization in Perspective’.

    Professor Ghemawat said that, in order to make progress, it was necessary to address three key issues: the real extent of globalization; the extent of barriers constraining trade; and understanding the broad gains that trade can deliver. He demonstrated that there were widespread perceptions that globalization was far more advanced than was actually the case. He also identified five features that facilitated trade: a common language; membership of a regional trading block; a relationship between former colony and colonizer; a common currency; and a land border.

    ‘Countries that share all five elements trade up to three times more than countries which do not share them,’ he said.

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    International Press / 2011

    "Respecting the differences in distant markets"
    Enrst & Young T Magazine
    January 2011

    Western multinationals see emerging markets a a key source of future growth. But according to IESE Professor Pankaj Ghemawat, they could be unterestimating the complexities of this shift.

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