World 3.0: Global Prosperity and How to Achieve It

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Debunking myths, advocating balanced global integration.

If globalization has always seemed like a double-edged sword to you, "World 3.0" could offer the nuanced perspective you're seeking. Pankaj Ghemawat doesn't just break down overstated myths with hard data; he proposes an intriguing middle ground where regulation and international cooperation can coexist beneficially. It's a must-read if you're interested in understanding the complexities of our interconnected economies and the realistic ways we can improve global prosperity.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

World 3.0: Global Prosperity and How to Achieve It

Regular price RM41.00 MYR
Unit price
per
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ISBN: 9781422138649
Authors: Pankaj Ghemawat
Date of Publication: 2011-05-03
Format: Paperback
Related Collections: Business, Economics, Politics
Related Topics: Finance, Society, Political Science
Goodreads rating: 3.68
(rated by 186 readers)

Description

Since the financial crisis of 2008, many of us have had to reexamine our beliefs about markets and globalization. How integrated should economies really be? How much regulation is right? Many people fuse these two dimensions of choice into one, either favoring both globalization and deregulation—or opposing both of them. It doesn’t have to be that way. In World 3.0, award-winning author and economist Pankaj Ghemawat reveals the folly in both of these responses. He calls for a third worldview—one in which both regulation and cross-border integration coexist and complement one another. Ghemawat starts by exposing common assumptions about globalization to hard data, proving that the world is not nearly as globalized as we think. And he explains why the potential gains from further integration are much larger than even pro-globalizers tend to believe. He then tackles market failures and fears—job losses, environmental degradation, macroeconomic volatility, and trade and capital imbalances—that opponents of globalization often invoke. Drawing on compelling data, he shows that increased globalization can actually alleviate some of these problems. Finally, Ghemawat describes how a wide range of players—businesses, policymakers, citizens, media—can help open up flows of ideas, people, and goods across borders, but in ways that maximize the benefits and minimize the potential side effects. World 3.0 dispels powerfully
 

Debunking myths, advocating balanced global integration.

If globalization has always seemed like a double-edged sword to you, "World 3.0" could offer the nuanced perspective you're seeking. Pankaj Ghemawat doesn't just break down overstated myths with hard data; he proposes an intriguing middle ground where regulation and international cooperation can coexist beneficially. It's a must-read if you're interested in understanding the complexities of our interconnected economies and the realistic ways we can improve global prosperity.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.