Globalization

The Benefits of Globalization for North Korea's Economy and Negotiations with the U.S.
Nihon Keizai Shimbun
North Korea has extremely limited involvement in globalization from trade and investment to information and people. Looking at this point, it is clear why negotiations have been elusive.
April 9, 2019

The State of Globalization in a Fragile World
Delivering Tomorrow
Globalization has risen to the top of the political agenda in many parts of the world, but all too often, debates about connecting across borders have left us more divided within countries.
February 12, 2019

The State of Globalization in 2019, and What It Means for Strategists 
Harvard Business Review
To help business leaders navigate through—and even profit from—globalization’s turbulence, we offer recommendations for strategy (how to compete), presence (where to compete), architecture (how to organize), and non-market strategy (how to engage better with society).
February 6, 2019 

Five Myths About Globalization 
Washington Post
The political crossfire over globalization has propagated a raft of myths. Here are five of the most prevalent—and the straight facts to correct them.
January 25, 2019

Globalization in the Year 2038: Change and Continuity 
Les Echos
International success 20 years from now will likely require even stronger competitive advantages than it does today and even greater sensitivity to the cultural, political, and other types of differences that will continue to divide countries. Original (in French)
October 13, 2018 

Globalization in the Age of Trump 
Harvard Business Review
Today’s turmoil calls not for a mass retreat from globalization but for a more subtle reworking of multinationals’ strategies. This article examines common misperceptions about what is—and isn’t—changing about globalization and offers guidelines to help leaders decide where and how to compete in a complex world.  (Finalist for HBR McKinsey Award)
July–August Issue, 2017

Southeast Asia's Globalization Outperformers
Nikkei Asian Review
While few observers would be surprised that Singapore is one of the world's most globalized countries, it may raise some eyebrows that the city-state's Southeast Asian neighbors Cambodia, Vietnam and Malaysia also stand out relative to what might be expected of them.
March 29, 2017

Figuring Out Which Companies and Industries Will be Most Damaged by Brexit 
Harvard Business Review
In an op-ed, Professor Pankaj Ghemawat discusses Brexit's potential economic impact.
March 29, 2017

Globalization: Myth and Reality
Harvard Business Review
Pankaj Ghemawat, professor at NYU Stern and IESE business schools, debunks common misconceptions about the current state and extent of globalization. (Hint: the world is not nearly as globalized as people think.)
February 24, 2017

Is America enriching the world at its own expense? That's globaloney.
Washington Post
The United States is far less buffeted by international trade, immigration and other aspects of globalization than many Americans assume; the whole world is far less globalized than people tend to believe. And policies rooted in overestimating globalization — “globaloney” — could harm the people they purport to protect.
February 3, 2017

Trump, Globalization, and Trade's Uncertain Future 
Harvard Business Review
Donald Trump’s election to the presidency of the United States makes Brexit look like a hiccup. As Nigel Farage, the leader of the UK Independence Party, put it, the election of Trump is “Brexit times three.” This new reality will require businesses to rethink globalization, starting with the aspects Trump is most critical of.
November 11, 2016

The EU Needs to Make Sure Continental Countries Don't Exit 
Harvard Business Review
The votes are in and the immediate reactions to Brexit have not been positive. Global stock markets promptly floundered. The British pound tanked. And HBO had to reassure viewers that production of Game of Thrones, some of which is shot in Northern Ireland, would not be interrupted.
June 28, 2016

People Are Angry About Globalization. Here's What to Do About It. 
Harvard Business Review
The U.S. is in the midst of a presidential campaign in which both candidates have adopted antitrade stances and one has taken a frankly xenophobic, isolationist stance. The UK has voted to leave the European Union. Much of continental Europe is convulsed with similar combinations of disaffection, protectionism, and, in some cases, nationalism and even racism that have morphed into a more-or-less generalized anger against globalization.
November 4, 2016

Beyond Brexit: An Initial Analysis and Questions for the AIB Community 
AIB Insights
The United Kingdom voted to leave the European Union the week before the 2016 AIB Annual Meeting. It occurred to me that it would be a shame if the meetings afforded no opportunity to discuss one of the most shocking international policy developments of the last few years—or decades. 
Vol. 16, No. 3, 2016