The Laws of Globalization and Business Applications

Pankaj Ghemawat is a Professor at NYU Stern School of Business, where he directs the Center for the Globalization of Education and Management, and the Anselmo Rubiralta Professor of Global Strategy at IESE Business School. He served for more than twenty years on the faculty of Harvard Business School, where in 1991, he became the youngest person ever to be appointed a full professor. Recent honors include the Booz Eminent Scholar Award of the International Management Division of the Academy of Management. He served on the AACSB's taskforce on the globalization of management education, and authored the report's recommendations about what to teach students about globalization, and how.

'In a world where most conversations about globalization are characterized by sweeping generalizations and self-serving misrepresentations, The Laws of Globalization and Business Applications is an indispensable resource for students and scholars of business, economics, and public policy. And nobody is more qualified and trusted to write such a boldly-titled book than Professor Ghemawat, who for decades has championed clarity and truth in the subject as a leading researcher and advisor. That's why he was invited to serve on AACSB's task force on the globalization of management education and author its recommendations on what to teach students about globalization, and how.' Dan LeClair, Executive Vice President and Chief Strategy and Innovation Officer, AACSB International, Florida

• Introduction; Part I. The Law of Semiglobalization: 1. Defining and measuring globalization with Steven A. Altman; 2. The depth of globalization; 3. Globalization in historical perspective with Geoffrey G. Jones; 4. The globalization of business; Part II. The Law of Distance: 5. The breadth of globalization and distance; 6. Distances at industry and company level with Steven A. Altman; 7. Distance and international business research with Steven A. Altman; Part III. Business Applications: 8. Cultural distance and national cultural differences with B. Sebastian Reiche; 9. Administrative distance and institutional variety with Thomas M. Hout; 10. Geographic distance and regionalization with Steven A. Altman; 11. Economic distance and the big shift to emerging economies with Steven A. Altman; Index.