How to Be Global?
For being global, this is the worst of the time and the best of the time. The worst part is obvious: Various countries now want to put themselves 'First' and that is not an ideal scenario to start thinking globally. Multinationals are in retreat. Trade Wars seem imminent. Currency disputes are heating up and cross-border immigration is becoming more difficult. Even UK, which proclaims its ambition to be 'Global' and has always benefited from being open, has started pulling up the drawbridges and succumbing to Little Englanders. However, in this, there is a new promise, and that is the best part. The globalisation that we saw from the breaking of the Berlin Wall to the breaking of the Wall Street Banks was about building global value chains, of moving capital and commodities across the boundaries. We may be approaching an end of this phase. But this marks the start of a new phase - when the problems are global, from migration to climate change to terrorism t...