About the Book :
‘World 3.0: Global Prosperity and How to Achieve It’ offers a unique look at globalization. The award winning author and economist Pankaj Ghemawat reveals that it is important to re-examine our views on globalization. He calls for a third worldview where there is regulation and cross-border integration. They coexist and complement one another.
‘World 3.0: Global Prosperity and How to Achieve It’ by Pankaj Ghemawat drives home the point that the world looks different today than it did before the global financial crisis struck. Reeling from the most brutal impacts of recession, governments, economies, and societies are retrenching and pushing hard for increased protectionism. Pankaj Ghemawat maintains that it is understandable, but at the same time dangerous.
Left unchecked, heightened protectionism could prevent peoples around the world from achieving the true gains afforded by cross-border openness. The author paints a realistic picture of what could happen to household income, availability of goods and services, and other quality-of-life metrics--should globalization continue to reverse direction. Ghemawat exposes the common assumptions about globalization to hard data, proving that the world is not as globalized as we think.
World 3.0 explains the reason behind the potential gains and its further integration being larger than even pro-globalizers tend to believe. ‘World 3.0: Global Prosperity and How to Achieve It’ by Pankaj Ghemawat delves into market failures and fears including job losses, environmental degradation, and macroeconomic volatility.
About the Author :
Pankaj Ghemawat has a Bachelor’s degree in Applied Mathematics and a Ph.D. in Business Economics from Harvard University. Pankaj Ghemawat is actively involved in attempts to globalize management. His works are reflected through formal leadership development activities which have garnered much popularity in the recent past. His major works include Commitment, Games Businesses Play, Strategy and the Business Landscape, the award-winning Redefining Global Strategy and World 3.0 Global Prosperity and How to Achieve It.