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 private businesses, policy makers, citizens, and 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 audiobook will surprise and move you, no matter where you stand on globalization.
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"Great counter-balance of the work done by Thomas Friedman, backed up with figures."
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Sebastian (4 out of 5 stars)