DHL Global Connectedness Index By Pankaj Ghemawat: Article Analysis
This article is written by Pankaj Ghemawat, an Indian-American economist, global professor of management and strategy, speaker and a lead author of the DHL Global Connectedness Index. He is known for his work in the study of globalization. He has contradicted the Tom Friedman saying that the world isn’t nearly as flat as he said.
The article is regarding globalization or semi globalization. According the article, the first argument is that there is more investment in the world now than the early years but the fact is 90 per cent of the fixed investment all around the world is domestic. This means only 10 per cent is international trade. Considering the exports, only 10 per cent of total direct investment goes into non-home countries. On the basis of 10 per cent it cannot be said that the world is …show more content…
In addition, that the US government should be granting guarantee retirement benefits that are irrespective of one’s job, and can provide insurance for a loss in job to mitigate risk. He also believes that encouragement in young adults for becoming scientists, engineers, and mathematicians should be encouraged by govt. to have an innovator and rule the globe US. The showpiece theory, the Dell Theory of Conflict Prevention, no two countries that are part of a major global supply chain, like Dell’ so it simply says there’s no war between two countries who are major part of same supply chain. Economic interdependence is the best possible insurance against conflict. While Friedman believes that this could be for short run, it means that either countries or major player countries in same supply chain will have strong economic incentives towards finding a peaceful resolution. The case of Taiwan and China, neither of which recognizes the other’s legitimacy, is cited. Although conflict is high, their economic ties keep the tension below the boiling
The article is regarding globalization or semi globalization. According the article, the first argument is that there is more investment in the world now than the early years but the fact is 90 per cent of the fixed investment all around the world is domestic. This means only 10 per cent is international trade. Considering the exports, only 10 per cent of total direct investment goes into non-home countries. On the basis of 10 per cent it cannot be said that the world is …show more content…
In addition, that the US government should be granting guarantee retirement benefits that are irrespective of one’s job, and can provide insurance for a loss in job to mitigate risk. He also believes that encouragement in young adults for becoming scientists, engineers, and mathematicians should be encouraged by govt. to have an innovator and rule the globe US. The showpiece theory, the Dell Theory of Conflict Prevention, no two countries that are part of a major global supply chain, like Dell’ so it simply says there’s no war between two countries who are major part of same supply chain. Economic interdependence is the best possible insurance against conflict. While Friedman believes that this could be for short run, it means that either countries or major player countries in same supply chain will have strong economic incentives towards finding a peaceful resolution. The case of Taiwan and China, neither of which recognizes the other’s legitimacy, is cited. Although conflict is high, their economic ties keep the tension below the boiling