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© 2011Pankaj Ghemawat This chapter is excerpted from Pankaj Ghemawat, World 3.0: Global Prosperity and How to Achieve It, Harvard Business Review Press, 2011. Please do not cite, circulate or copy without the permission of the author.

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Page 1: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

This chapter is excerpted from Pankaj Ghemawat, World 3.0: Global Prosperity and How to Achieve It, Harvard Business Review Press, 2011. Please do not cite, circulate or copy without the permission of the author.

Page 2: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 3: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 4: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 5: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 6: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 7: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 8: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 9: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 10: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 11: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 12: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 13: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 14: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 15: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 16: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 17: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 18: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 19: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 20: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 21: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 22: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 23: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 24: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 25: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

Page 26: World 3.0: Global Prosperity and How , Harvard Business ... · critique of World 2.0): There are very few exchanges that are mediated by "markets" . . . Most exchanges take place

© 2011Pankaj Ghemawat

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