Globalization
Globalization 1.0
Countries
Government-led
Globalization 2.0
Companies
Market-led
Multilateral Institutions
Globalization 3.0
Individuals
Technology-led
Exponential Times (I)
2006: 3 billion searchers on Google
2007: 30 billion searchers on Google
“To whom were these questions addressed Before Google (BG) ?”
Exponential Times (II)
New technical information is doubling every two year:
“For students studying a 4 year technical degree, it means that half of
what they learn in their first year of study will be outdated by their third
year of study.”
The top 10 in-demand jobs in 2010 did not exist in 2000:
“We are preparing students for jobs that don’t exists, by using
technologies that have not been invented in order to solve problems we
don’t even know are problems yet.”
Preconceived Ideas (I)
Highest number of patents (2007)
South Korea versus Germany
France versus Russia
United Kingdom versus China
Japan versus US
China versus Germany
Preconceived Ideas (I)
Highest number of patents (2007)
South Korea versus Germany
France versus Russia
United Kingdom versus China
Japan versus US
China versus Germany
Preconceived Ideas (II)
Highest child mortality (2008)
Sri Lanka versus Turkey
Poland versus South Korea
Malaysia versus Russia
Pakistan versus Vietnam
Thailand versus South Africa
Preconceived Ideas (II)
Highest child mortality (2008)
Sri Lanka versus Turkey
Poland versus South Korea
Malaysia versus Russia
Pakistan versus Vietnam
Thailand versus South Africa
Impact of Multinational Enterprises on Chinese Economy
Percent of National Total
Foreign Invested Firms in China, 2007
70
60.1
60
50
40
30.2
30
17.7
20
10
7.5
0
FAI
•
59.5
Ind. Output
Exports
Imports
Taxes
More than 10% of US trade deficit with China is now attributable to
Wal-Mart
•
If Wal-Mart were a country, it would rank as China’s 8th-biggest trading
partner
Global Shift
We are moving from the “American” to the “Emerging Markets” century:
Introduction by:
Henk Schulte Nordholt
•
More than 20 years business experience in China
•
Founder Hofung Technology
•
Writer ‘China: Economic Superpower Yes, World Power No’
Question: Why do we talk about The New Asian Hemisphere?
1. There is no such thing as ‘Asia’
a)
China and India see themselves as continents in their own right
b)
Zhongguo = the central country
c)
Economic rise of Asia is mainly rise of China
d)
No multilateral institutions comparable to NATO or EU
e)
Economically, China is closer to the West and Japan than to the
rest of Asia
Question: Why should we only encourage economic development?
2. Does freedom of choice lead to democracy?
a)
Democracy is associated with chaos and division of the country
b)
Economic freedom yes, political freedom no
c)
Nationalism on the rise
d)
China’s choice of political model one of deciding factors 21st
century history
Introduction by:
Gopal Ramanathan
•
Partner and Global Head of Transaction Services
•
Chairman India-taskforce Dutch Trade Board
Question: Is India ready for more than own development?
1. Growth necessary for own development
a)
Infrastructural problems
b)
Sanitary difficulties
2. Address own cultural difficulties
a)
Red tape
b)
Muslim-terrorist attacks
c)
Border conflicts
Introduction by:
Eric Niehe
•
Ambassador for the Kingdom of the Netherlands in India (20032007)
•
Chairman Europe-India Institute Business University Nyenrode
Question: What is strength of bilateral globalization India-Netherlands?
1. What is Dutch long-term expertise in India?
a)
Innovation?
b)
Knowledge economy?
c)
R&D?
2. What import from India do we have to welcome?
a)
IT/Beauty/Spirituality?
b)
Mass products?
c)
Knowledge workers?
Introduction by:
Pablo Smolders
•
Founder Dutch
•
Writer ‘Building Better Business’
Question: What is the relevance of economic development?