Pankaj Ghemawat: Actually, the world isn't flat

The video challenges the perception that globalization has erased national borders, presenting data to show that cross-border activities are much less prevalent than commonly believed. The speaker introduces the term 'globaloney' to describe the overestimation of globalization levels and explores reasons for this misconception, such as data scarcity and peer pressure. The video emphasizes the importance of accurate data to understand globalization's true extent and its implications for policy and public perception.

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