Ideas worth spreading

Globalization isn't declining -- it's transforming

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Arindam Bhattacharya |

TED@BCG Toronto

• October 2018

Today's headlines suggest that globalization is on the decline, but researcher Arindam Bhattacharya argues that it's not going extinct -- it's evolving. Old globalization was traditionally measured in goods traded. New globalization, as Bhattacharya describes, can be measured in cross-border data flow (which by 2025 could be worth more than the world's exports combined). In other words, the world economy is far from dead -- it's growing. Bhattacharya shares insights into this new normal and what it means for the world as we know it.

Today's headlines suggest that globalization is on the decline, but researcher Arindam Bhattacharya argues that it's not going extinct -- it's evolving. Old globalization was traditionally measured in goods traded. New globalization, as Bhattacharya describes, can be measured in cross-border data flow (which by 2025 could be worth more than the world's exports combined). In other words, the world economy is far from dead -- it's growing. Bhattacharya shares insights into this new normal and what it means for the world as we know it.

About the speaker

Arindam Bhattacharya

Arindam Bhattacharya

Globalization researcher

Arindam Bhattacharya is a BCG Fellow and Managing Director and Senior Partner in BCG’s New Delhi office, currently leading research on the radical shift in globalization and its implications for global firms. His 2008 book, "Globality: Competing with Everyone from Everywhere for Everything," defines a "post-globalization" world -- an era in which developing economies are fierce competitors to the world’s major powers. Before BCG, he worked for A.T. Kearney, Tata Economic Consultancy Services, Eicher Goodearth Group and Warwick Manufacturing Group. Bhattacharya holds a PhD and master’s in Manufacturing Engineering from the University of Warwick, a PGDM from the IIM in Ahmedabad and a Bachelor of Science in Engineering from IIT in Kharagpur.

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