Pankaj Ghemawat (born 30 September 1959) is an Indian-American economist, professor,
global strategist, speaker and author known for his work in the study of globalization. He created the DHL Global Connectedness Index and the
CAGE Distance Framework.
He is the global professor of management and strategy and director of the Center for the Globalization of Education and Management at the
Stern School of Business at
New York University
New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin.
In 1832, th ...
, and the Anselmo Rubiralta Professor of Global Strategy at
IESE Business School
IESE Business School is the graduate business school of the University of Navarra. Founded in 1958 in Barcelona where its main campus is located,López, T. & Pampliega, J“La fundación del IESE (1956–1958)” Universidad de Navarra, Bibliotec ...
. Ghemawat previously served on the faculty of
Harvard Business School, where he was the youngest person ever appointed a full professorship.
Early life and education
Born in India, Ghemawat spent parts of his childhood in India and in Indiana, where the family lived while his father pursued a PhD at
Purdue University
Purdue University is a public land-grant research university in West Lafayette, Indiana, and the flagship campus of the Purdue University system. The university was founded in 1869 after Lafayette businessman John Purdue donated land and mone ...
.
Sanjay Ghemawat is his younger brother.
Ghemawat received his bachelor's degree in Applied Mathematics and his Ph.D. in
business economics
Business economics is a field in applied economics which uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms with ...
from
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...
. Entering
Harvard College
Harvard College is the undergraduate college of Harvard University, an Ivy League research university in Cambridge, Massachusetts. Founded in 1636, Harvard College is the original school of Harvard University, the oldest institution of higher lea ...
at the age of 16, he was accepted to Harvard Business School's Ph.D. in Business Economics program at 19, graduating three years later.
After a two-year stint at
McKinsey & Company in London, he spent 25 years on the full-time faculty at
Harvard Business School. Since 2006, Ghemawat has been the Anselmo Rubiralta Professor of Global Strategy at
IESE Business School
IESE Business School is the graduate business school of the University of Navarra. Founded in 1958 in Barcelona where its main campus is located,López, T. & Pampliega, J“La fundación del IESE (1956–1958)” Universidad de Navarra, Bibliotec ...
in
Barcelona
Barcelona ( , , ) is a city on the coast of northeastern Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second most populous municipality of Spain. With a population of 1.6 million within ci ...
. In 2013, he was appointed as distinguished visiting professor of global management at
Stern School of Business, New York University.
Career and research
Ghemawat has devoted much of his career to studying globalization and its effects on national economies. In 2011 he introduced the DHL Global Connectedness Index, which emphasizes analysis of hard data to measure the global connectedness of countries around the world.
Key ideas of his work include:
* While globalization is expanding after a steep drop during the world financial crisis, it is less widespread and is growing more slowly than widely believed.
* Countries with greater global connectedness tend to grow faster than those with less connectedness.
Much of Ghemawat's work serves as a counterpoint to journalist
Thomas Friedman
Thomas Loren Friedman (; born July 20, 1953) is an American political commentator and author. He is a three-time Pulitzer Prize winner who is a weekly columnist for ''The New York Times''. He has written extensively on foreign affairs, global ...
’s contention in his book
The World is Flat
''The World Is Flat: A Brief History of the Twenty-first Century'' is a book by Thomas L. Friedman that analyzes globalization, primarily in the early 21st century. The title is a metaphor for viewing the world as a level playing field in t ...
that globalization is a fast-growing and dominant force in the 21st century economy. In 2009 Ghemawat published the article ''Why the World Isn’t Flat'' in
Foreign Policy. In 2012 Ghemawat gave a
TED talk
TED Conferences, LLC (Technology, Entertainment, Design) is an American-Canadian non-profit media organization that posts international talks online for free distribution under the slogan "ideas worth spreading". TED was founded by Richard Sau ...
entitled ''Actually, the World Isn’t Flat''. In these and other works, Ghemawat cited the measures of global connectedness compiled in his research to show that globalization is less widespread than generally thought. He has revived the term "
globaloney", coined in the 1940s by
Clare Boothe Luce
Clare Boothe Luce ( Ann Clare Boothe; March 10, 1903 – October 9, 1987) was an American writer, politician, U.S. ambassador, and public conservative figure. A versatile author, she is best known for her 1936 hit play '' The Women'', which ha ...
, to refer to these misconceptions.
Beginning in 2016 Ghemawat has turned his attention to the effects of isolationist and nationalist movements such as the United Kingdom's
Brexit
Brexit (; a portmanteau of "British exit") was the withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET).The UK also left the European Atomic Energy Community (EAEC ...
vote and the policies of President Donald Trump on trade, globalization, and economic growth.
Pankaj Ghemawat's books include ''Commitment'' (Free Press, 1991), ''Games Businesses Play'' (MIT Press, 1998), ''Strategy and the Business Landscape'' (Pearson Prentice Hall, 3rd edition, 2009), the award-winning ''Redefining Global Strategy'' (Harvard Business School Press, 2007), and ''World 3.0 Global Prosperity And How To Achieve It'' (Harvard Business Press, 2011), which continues to receive international acclaim.
Ghemawat is also a prolific case writer and have featured among the top 40 case authors consistently, since the list was first published in 2016 by The Case Centre. He ranked 24th In 2018/19, 25th in 2017/18, 14th in 2016/17 and 15th in 2015/16.
Honours, awards, and memberships
2008
* Irwin Award for the Educator of the Year from the Business Policy and Strategy Division of the
Academy of Management
The Academy of Management is a professional association for scholars of management and organizations that was established in 1936. It publishes several academic journals, organizes conferences, and provides others forums for management professors ...
* IESE-Fundación BBVA Economics for Management Prize
* Elected fellow of the Strategic Management Society
2006–2007
* McKinsey Award for best article published in ''
Harvard Business Review
''Harvard Business Review'' (''HBR'') is a general management magazine published by Harvard Business Publishing, a wholly owned subsidiary of Harvard University. ''HBR'' is published six times a year and is headquartered in Brighton, Ma ...
''
* Elected fellow of the Academy of International Business
Publications
Books
* ''The Laws of Globalization and Business Applications'', Cambridge University Press, New York, 2016.
* ''World 3.0: Global Prosperity and How to Achieve it'', Harvard Business Press Books, Boston, 2011.
* ''Strategy and the Business Landscape'' (3rd edition), Pearson Prentice Hall, 2009.
* ''Redefining Global Strategy'', Harvard Business School Press, Boston, 2007.
* ''Games Businesses Play'', MIT Press, Cambridge, 1998.
* ''Commitment'', Free Press, 1991.
Articles
* ''Is America Enriching the World at its Own Expense? That’s Globaloney'', (with Steven Altman), Washington Post, February 3, 2017.
* ''Even In a Digital World, Globalization is Not Inevitable'', Harvard Business Review, February 1, 2017.
* ''If Trump Abandons the TPP, China Will Be the Biggest Winner'', Harvard Business Review, December 12, 2016.
* ''Trump, Globalization, and Trade’s Uncertain Future'', Harvard Business Review, November 11, 2016.
* ''People Are Angry About Globalization''. Here's What to Do About It, Harvard Business Review, November 6, 2016.
* ''How Global Is Your C-Suite?'' (with Herman Vantrappen), MIT Sloan Management Review, June 16, 201
* ''Why the World Isn't Flat'', October 14, 2009, Foreign Policy.
References
External links
Official websiteStrategy + business: The Thought Leader Interview*
{{DEFAULTSORT:Ghemawat, Pankaj
1959 births
Living people
20th-century Indian economists
Harvard Business School faculty
Harvard College alumni
University of Navarra faculty
Writers about globalization
Harvard Business School alumni
People from Jodhpur
Writers from Rajasthan
Indian male writers
20th-century Indian non-fiction writers
Bestselling case authors