Ideas worth spreading

Globalization isn't declining -- it's transforming

65,804 views | Arindam Bhattacharya • TED@BCG Toronto

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.

This talk was presented at a TED Institute event given in partnership with BCG.

Read more about the TED Institute.

About the speaker

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.

About TED Institute

Every year, TED works with a group of select companies and foundations to identify internal ideators, inventors, connectors, and creators. Drawing on the same rigorous regimen that has prepared speakers for the TED main stage, TED Institute works closely with each partner, overseeing curation and providing intensive one-on-one talk development to sharpen and fine tune ideas. The culmination is an event produced, recorded, and hosted by TED, generating a growing library of valuable TED Talks that can spur innovation and transform organizations.

Read more about the TED Institute

This talk was presented at a TED Institute event given in partnership with BCG.

Read more about the TED Institute.