Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset Management at Columbia Business School, discusses the challenges and opportunities posed by the new era of globalization. In a wide-ranging discussion, Professor Greenwald describes the historical context of globalization, focuses on the role of the IMF with respect to trade surpluses and deficits and outlines the challenges facing corporate America in the battle to remain globally competitive. Interview conducted by Andrew Archer, MBA '06, Chazen Society Fellow.
View Video: Defining "Globalization" (0:37)
View Video: Globalization is an opportunity, not an imperative, for developing countries (2:31)
View Video: Regulation of the Global Marketplace (1:42)
View Video: A role for the IMF: control of surpluses and deficits (5:57)
View Video: Adaptation of corporate business strategies to the global market (2:17)
View Video: Opportunities and threats facing the USA in the new era of globalization (2:34)
View Video: Culture of US firms and the ability to compete on a global scale (4:19)
View Video: Outsourcing and its perceived negative impact on the US labor market (1:52)
To read an excerpt from Greenwald's book please visit Ideas at Work.