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Dear Reader,

20 years ago, the Berlin Wall fell and globalization entered
into a new phase. In this edition of the Webletter,
IMD Faculty look back at this historic event.
Professor Stewart Hamilton’s
article reminds capitalism’s critics not to ignore the
symbolism of the Berlin Wall’s fall and the progress it
helped create. Meanwhile, Professor Jean-Pierre Lehmann
laments the fact that many new walls have popped up around
the world in his Tomorrow’s Challenges article
Post-Berlin aftermath. And Professor Bettina Büchel
looks at how individuals can lead transformation in companies
and countries in her piece entitled
The power of the people.
Happy reading.
Best regards,
IMD Webletter Team
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