Once again, the world’s most powerful countries and business and political leaders converged for the Annual World Economic Forum Summit at Davos in January 2025. But what a changed environment it is, this time. With Trump inaugurated for his second non-consecutive term, the world is bracing itself for more chaos, disruption and uncertainty. The context… Continue reading The New Year, Trump Tariffs and the Davos World
It is in the spirit of this age and our times that we resort to making comparisons all the time. About anything and everything. In the 60 and more long years of my life, I have never encountered so much of this, as in the past couple of decades. It’s something about the 21st century… Continue reading Us, Them, The World, Comparatively Speaking
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We think of airlines as transportation, and also in the context of tourism, but rarely as providers of international connectivity, as vital as telecommunications and the internet. And even more rarely do we think of them as performing an important economic function, not even in today’s globalized and highly connected world. They are critical not… Continue reading Airlines as Connectors of the World
Prime Minister’s Narendra Modi’s state visit to the US last month resulted in a number of agreements between the two countries that signal a new level of cooperation and economic engagement. They are being dubbed part of an Indo-US Strategic Partnership. Ranging from sale of drones and manufacture of GE engines for Indian fighter jets… Continue reading Indo-US Partnership Not Exactly Strategic
Now that I have finally finished reading Michael E Porter’s The Competitive Advantage of Nations, I thought I’d write about its relevance in today’s globalized world. Like many business and economics books that I have been writing about recently, it wouldn’t be fair for me to review this book either, for the same reasons. I… Continue reading Porter’s Competitive Advantage of Nations in Today’s Globalised World
Four decades after globalization of business began, I think we can all agree that it is widespread and well-entrenched. And while there is a lot of talk of deglobalisation, about which I wrote recently on my blog, I not only think that globalisation is here to stay, I think it has become much more complex… Continue reading Which Shoring Makes Best Sense for Globalised Business
More importantly, can it afford to? At the start of the 2007/08 Financial Crisis, many international commentators talked of the possibility of deglobalization, perhaps out of fears that the global financial system had grown too large, too fast, and that tougher regulation might force them to shrink their operations. Whether the regulatory system forced them… Continue reading Is the World Deglobalising?
As we come to the end of the second pandemic year, we are being forced to confront the same old ugly reality: rising inequality. Come to think of it, we have had to live with this for the past couple of decades and more. And despite two massive crises of a global nature – the… Continue reading Coming Soon: The Revolt of the 90%
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Peripatetic Perch 