World 3.0: Global Prosperity and How to Achieve It
and over one million other books are available for Amazon Kindle .
Learn more
| ||||||||||||||||||||||||||||||
 Trade In this Item for up to £3.60
Get an extra £5 when you trade in books worth £10 or more until June 30, 2012. Trade in World 3.0: Global Prosperity and How to Achieve It for an Amazon.co.uk gift card of up to £3.60, which you can then spend on millions of items across the site. Trade-in values may vary (terms apply). Find more products eligible for trade-in.
|
Frequently Bought Together
Product details
|
More About the Author
Product Description
Review
"it should be included on the reading list of anyone interested in the subject." - "Publisher's Weekly"
"World 3.0's cautious tone is refreshing..." - "USA Today"
"a very smart book" - "TIME"
"At last, some sense on globalization...deserves a wide audience..." - "The Economist"
"An excellent new book... thoughtful and persuasive... [ Ghemawat's] ambition is commendable and his argument compelling." -- "International Affairs"
"a unique look at globalisation..." - "Business Today"
"The book is a solid read, backed by hard data and supplemented with easily understood illustrations." - "Business Today Egypt"
"In World 3.0, Pankaj Ghemawat provides a fresh look at cross-border integration and its implications. He demonstrates why integration and regulation must be seen as complementary. And he offers great recommendations that should inspire all stakeholders in times of major global challenges. A must-read."
--Pascal Lamy, Director-General of the World Trade Organization (WTO).
"We are currently stuck in 'World 2.0, ' a world in which the further impact of global integration is seen as limited. Professor Ghemawat artfully proposes how we can move to 'World 3.0, ' in which openness leads to wider technological, cultural, and social benefits. The transfer of knowledge--through people, trade, or investments--could have a significant impact on growth. This is an interesting and timely argument that deserves careful consideration."
--Dr. Supachai Panitchpakdi, Secretary-General of the UN Conference on Trade and Development (UNCTAD)
"World 3.0 is a comprehensive framework for thinking about globalization, market failures, and market integration. Ghemawat sets a visionary but pragmatic agenda for senior managers, businesses, and governments. His views about managing capital reversals and imbalances while exploiting the large untapped potential of globalization are particularly relevant."
--Michel Camdessus,
"World 3.0's cautious tone is refreshing..." - "USA Today"
"a very smart book" - "TIME"
"At last, some sense on globalization...deserves a wide audience..." - "The Economist"
"An excellent new book... thoughtful and persuasive... [ Ghemawat's] ambition is commendable and his argument compelling." -- "International Affairs"
"a unique look at globalisation..." - "Business Today"
"The book is a solid read, backed by hard data and supplemented with easily understood illustrations." - "Business Today Egypt"
"In World 3.0, Pankaj Ghemawat provides a fresh look at cross-border integration and its implications. He demonstrates why integration and regulation must be seen as complementary. And he offers great recommendations that should inspire all stakeholders in times of major global challenges. A must-read."
--Pascal Lamy, Director-General of the World Trade Organization (WTO).
"We are currently stuck in 'World 2.0, ' a world in which the further impact of global integration is seen as limited. Professor Ghemawat artfully proposes how we can move to 'World 3.0, ' in which openness leads to wider technological, cultural, and social benefits. The transfer of knowledge--through people, trade, or investments--could have a significant impact on growth. This is an interesting and timely argument that deserves careful consideration."
--Dr. Supachai Panitchpakdi, Secretary-General of the UN Conference on Trade and Development (UNCTAD)
"World 3.0 is a comprehensive framework for thinking about globalization, market failures, and market integration. Ghemawat sets a visionary but pragmatic agenda for senior managers, businesses, and governments. His views about managing capital reversals and imbalances while exploiting the large untapped potential of globalization are particularly relevant."
--Michel Camdessus,
Product Description
The world looks far different today than it did before the global financial crisis struck. Reeling from the most brutal impacts of the recession, governments, economies, and societies everywhere are retrenching and pushing hard for increased protectionism. That's understandable, but it's also dangerous, maintains global economy expert Pankaj Ghemawat in World 3.0. Left unchecked, heightened protectionism could prevent peoples around the world from achieving the true gains afforded by cross-border openness.
Ghemawat paints a disturbing 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. He then describes how a wide range of players' private businesses, policy makers, citizens, the press' could help open flows of ideas, people, and goods across borders, but in ways that maximize economic benefits for all.
World 3.0 reveals how we're not nearly as globalized as we think we are, and how people around the world can secure their collective prosperity through new approaches to cross-border integration. Provocative and bold, this new book will surprise and move you, no matter where you stand on globalization.
Inside This Book
(Learn More)
Suggested Tags from Similar Products(What's this?)Be the first one to add a relevant tag (keyword that's strongly related to this product)
|
What Other Items Do Customers Buy After Viewing This Item?
Customer Reviews
There are no customer reviews yet on Amazon.co.uk.
5 star
4 star
3 star
2 star
1 star
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
9 reviews
13 of 14 people found the following review helpful
hottest book to understand basics of economic globalization
1 May 2011
Format:Hardcover|Amazon Verified Purchase
This is a must read for professional economists, policy wonks or those who like to be well informed both in terms of theory and facts on the competative economics of globalization. The author as the book jacket informs us is one of the youngest geniuses who has been among other things on the Harvard faculty as a full professor. He writes clearly, lucidly and in a splendid teaching mode. It is also useful to have read when you hear proposals from our own government and the claims of various pollitical parties. It has a informative discussion comparing U.S. and Chinese economic strategies, their advantages and disadvantages. However, the book goes beyond that and is a comparative discussion of wider breadth.
In the general discussion the first chapter is entitled, "colliding worldviews" and it is a discussion on different general theories about growth and about the predicaments posed by different visions and policies. Don't miss this chapter in part I. Part Two is especially interesting as the meat and potatoes of what the author terms, "Seven possible problems" is opened up and theory and data examined; this part includes solid discussions on (l)global concentration at a general level, (2)global externalities, discussing among other things costs and benefits of different economic strategies, (3) global risks, (4) global imbalances, (5) global exploitation, (6) global oppression, (7) global homogenation. For those who want to get the best update on economic aspects of globalizaiton this is a book to have read as it is very precise about how business, economic policy really works and the bibliography is splendid.
It goes well beyond Thomas Friedman's, The World is Flat in its empirical detail.
In the general discussion the first chapter is entitled, "colliding worldviews" and it is a discussion on different general theories about growth and about the predicaments posed by different visions and policies. Don't miss this chapter in part I. Part Two is especially interesting as the meat and potatoes of what the author terms, "Seven possible problems" is opened up and theory and data examined; this part includes solid discussions on (l)global concentration at a general level, (2)global externalities, discussing among other things costs and benefits of different economic strategies, (3) global risks, (4) global imbalances, (5) global exploitation, (6) global oppression, (7) global homogenation. For those who want to get the best update on economic aspects of globalizaiton this is a book to have read as it is very precise about how business, economic policy really works and the bibliography is splendid.
It goes well beyond Thomas Friedman's, The World is Flat in its empirical detail.
8 of 9 people found the following review helpful
Overly optimistic, but still one of the the best books I've read on globalisation
25 July 2011
Format:Hardcover|Amazon Verified Purchase
While I was reading mr. Ghemawat's book on World 3.0 or `rooted cosmopolism', a young Norwegian killed almost a hundred of his compatriots, ostensibly as an act against multi-culturalism. This atrocious incident is perhaps the best illustration of the single flaw I found in this book: the context and style of a fundamentally positive attitude towards more integration.
Such an attitude is to be expected from a footloose Harvard economist with Indian ancestors living in Barcelona. Nevertheless, mr. Ghemawat's book is the best book I have read on the issue of globalization since the utterly disappointing first book I read on this issue by Thomas Friedman: "Lexus and the Olive Tree". Mr. Ghemawatt struggles to phantom the effects of non-financial motives on human behavior, but at least he spells out a framework for his readers to better understand these issues. In doing so he presents the reader with a wealth of information that underscores his basic point that the world is only semi-globalized, that distance matters and will continue to matter.
At times, as I indicated, I found his optimistic overtone in presenting the information detracting from the fundamental issues they exposed. A case in point. As citizens we spent almost 100% of our lives in our local neighborhood as witnessed by the telephone calls we place. Trade and equity investment are for more than 70% national matters. The highest indicator for `globalisation' is a surprising one: governmental debt, which is 40% foreign. I'm quite a bit more worried than mr. Ghemawat that the current system has created a crisis that puts strain on governing bodies of societies. It may lead to increasing doubts about legitimacy and thus distrust of basic political structures. Perhaps his framing of these issues as being `administrative' and `cultural' have lead him to overlook the fundamental political problem of the control of violence in society and the havoc a breakdown in that political control can create.
Having said that, I would not have wanted to miss the opportunity to become privy to mr. Ghemawat's world of thinking. His way of approaching the issue of global integration, the wealth of information, knowledge and insights he shares, makes it a valuable book that I recommend to everyone seeking a more balanced framework for understanding the characteristics of our interconnected world.
Such an attitude is to be expected from a footloose Harvard economist with Indian ancestors living in Barcelona. Nevertheless, mr. Ghemawat's book is the best book I have read on the issue of globalization since the utterly disappointing first book I read on this issue by Thomas Friedman: "Lexus and the Olive Tree". Mr. Ghemawatt struggles to phantom the effects of non-financial motives on human behavior, but at least he spells out a framework for his readers to better understand these issues. In doing so he presents the reader with a wealth of information that underscores his basic point that the world is only semi-globalized, that distance matters and will continue to matter.
At times, as I indicated, I found his optimistic overtone in presenting the information detracting from the fundamental issues they exposed. A case in point. As citizens we spent almost 100% of our lives in our local neighborhood as witnessed by the telephone calls we place. Trade and equity investment are for more than 70% national matters. The highest indicator for `globalisation' is a surprising one: governmental debt, which is 40% foreign. I'm quite a bit more worried than mr. Ghemawat that the current system has created a crisis that puts strain on governing bodies of societies. It may lead to increasing doubts about legitimacy and thus distrust of basic political structures. Perhaps his framing of these issues as being `administrative' and `cultural' have lead him to overlook the fundamental political problem of the control of violence in society and the havoc a breakdown in that political control can create.
Having said that, I would not have wanted to miss the opportunity to become privy to mr. Ghemawat's world of thinking. His way of approaching the issue of global integration, the wealth of information, knowledge and insights he shares, makes it a valuable book that I recommend to everyone seeking a more balanced framework for understanding the characteristics of our interconnected world.
8 of 9 people found the following review helpful
A superb and sane book on a contentious topic
13 July 2011
Format:Hardcover
This is a must-read book.
Amid increasing ideological polarization, Professor Ghemawat's "World 3.0" provides a refreshingly balanced view of "globalization". Unlike some recent pop-business and pop-economics books, which draw over-simplified conclusions from a few "illustrative" cases, this is a scholarly book grounded in macro and micro economics as well as business knowledge. It is a pleasure to read, studded as it is with apt cartoons and witty headings (e.g., "Anxious in Andorra", written with verve.
As a retired Chief Economist who worked for 40 years at the World Bank, I am impressed by the breadth and depth of the book. It focuses on interactions between individual country and the rest of the world. These are mainly economic and financial (imports, exports, foreign investment, migration, and so forth) but also cultural, psychological, and in the concluding chapter about human potential. The author considers the likely impact of internationalization on equity as well as well as growth.
The book posits four "Worlds". In World 0.0 life was "nasty, brutish and short". This was a world without Government - think of Somalia or a Tea Party utopia. Fast-forwarding a thousand years, in World 1.0, nations were largely self-contained. Then came the Industrial Revolution, "globalization" with its ardent proponents - e.g., Thomas Friedman's "The World is Flat" and no less zealous detractors such as Naomi Klein.
Professor Ghemawat steps back from these noisy polemics and presents readers with a wealth of facts, which individually as well as in the aggregate demonstrate that while international activities have increased enormously since the Industrial Revolution, they remain modest in relation to national economic, financial and cultural activities. The book is full of surprising statistics. To mention one: Japan is the world's fourth largest exporter, yet in 2009 it total exports of goods and services amounted to only 13 percent of the country's gross domestic product.
World 3.0 is one of "semi-globalization", a realistic world where distance matters hugely and nations retain primary control of their economic destinies. In some areas - for example short-term capital flows - globalization does present risks which governments can mitigate. In many if not most others, there remains plenty of room for facilitating greater internationalization, as this would lead to greater prosperity.
Last but not least, Professor Ghemawat offers several conceptual frameworks which will be useful to governments as well as companies in shaping their own international strategies.
In sum, "World 3.0" offers readers a sane antidote to ideological worldviews, the "silent majority's take" on globalization.
Amid increasing ideological polarization, Professor Ghemawat's "World 3.0" provides a refreshingly balanced view of "globalization". Unlike some recent pop-business and pop-economics books, which draw over-simplified conclusions from a few "illustrative" cases, this is a scholarly book grounded in macro and micro economics as well as business knowledge. It is a pleasure to read, studded as it is with apt cartoons and witty headings (e.g., "Anxious in Andorra", written with verve.
As a retired Chief Economist who worked for 40 years at the World Bank, I am impressed by the breadth and depth of the book. It focuses on interactions between individual country and the rest of the world. These are mainly economic and financial (imports, exports, foreign investment, migration, and so forth) but also cultural, psychological, and in the concluding chapter about human potential. The author considers the likely impact of internationalization on equity as well as well as growth.
The book posits four "Worlds". In World 0.0 life was "nasty, brutish and short". This was a world without Government - think of Somalia or a Tea Party utopia. Fast-forwarding a thousand years, in World 1.0, nations were largely self-contained. Then came the Industrial Revolution, "globalization" with its ardent proponents - e.g., Thomas Friedman's "The World is Flat" and no less zealous detractors such as Naomi Klein.
Professor Ghemawat steps back from these noisy polemics and presents readers with a wealth of facts, which individually as well as in the aggregate demonstrate that while international activities have increased enormously since the Industrial Revolution, they remain modest in relation to national economic, financial and cultural activities. The book is full of surprising statistics. To mention one: Japan is the world's fourth largest exporter, yet in 2009 it total exports of goods and services amounted to only 13 percent of the country's gross domestic product.
World 3.0 is one of "semi-globalization", a realistic world where distance matters hugely and nations retain primary control of their economic destinies. In some areas - for example short-term capital flows - globalization does present risks which governments can mitigate. In many if not most others, there remains plenty of room for facilitating greater internationalization, as this would lead to greater prosperity.
Last but not least, Professor Ghemawat offers several conceptual frameworks which will be useful to governments as well as companies in shaping their own international strategies.
In sum, "World 3.0" offers readers a sane antidote to ideological worldviews, the "silent majority's take" on globalization.
Were these reviews helpful?
Let us know
Customer Discussions
|
This product's forum
Active discussions in related forums
Search Customer Discussions
|
Related forums
|
Listmania!
Look for similar items by category
Look for similar items by subject
Feedback
- Would you like to update product info or give feedback on images?
- I am the Author, and I want to comment on my book.
- I am the Publisher, and I want to comment on this book.
|
