# Professor Pankaj Ghemawat's research on globalization is referenced

1 Faculty News June 1, 2018 ![ETFTrends.com logo 192 x 144](/sites/default/files/styles/246w/public/assets/images/etftrends192x144.jpg?itok=Vg_X525z)>

Excerpt from [ETFTrends.com](https://www.etftrends.com/etf-strategist-channel/truth-and-misperceptions-about-trade-and-globalization/) -- "One of the questions \[[Ghemawat](http://www.stern.nyu.edu/faculty/bio/pankaj-ghemawat)\] examined was, in terms of foreign direct investment, what percentage of all the investment that occurred in the world in 2016 was accounted for by cross-border investment? In other words, what percentage of overall investment was made by companies outside of their home nation. The answer was less than 10%. This actual number was far lower than most people expect."

[Read more](https://www.etftrends.com/etf-strategist-channel/truth-and-misperceptions-about-trade-and-globalization/)