Faculty News
Professor Pankaj Ghemawat's research on globalization is spotlighted
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Excerpt from Diario Del Puerto -- "... the Indian economist Pankaj Ghemawat, a professor at the Stern School of Business at New York University and at the IESE Business School in Barcelona, has provided information that would show that only 2% of all phone calls in the world are international; only 9% of investments are global; only 15% of all Facebook friends are foreigners; less than 20% of data traffic on the Internet is between different countries and exports account for only 20% of world GDP. ... According Ghemawat, the pace of globalization is not as fast and the overall level of global connectivity has not yet returned to its historical high of 2007."
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