Description
what is globalization index, Globalization index methodology, different variables used in the index and method of calculation.
?
Globalization is conceptualized as a process that erodes national boundaries, integrates national economies, cultures, technologies and governance and produces complex relations of mutual interdependence.
?
creating networks of connections among actors at multi-continental distances, mediated through a variety of flows including people, information and ideas, capital and goods.
Globalization Index is an annual study that assesses the extent to which the world's most populous nations are becoming more or less globally connected. Find out who's up, who's down, and who's the most global of them all.
?
It is the ranking of countries of the world sorted by their globalization, the global connectivity, integration and interdependence in the economic, social, technological, cultural, political spheres.
? ? ?
A.T. Kearney KOF Index of Globalization CSGR Globalization Index
The A.T. Kearney Globalization Index tracks and assesses changes in four key components of global integration, incorporating measures such as trade and investment flows, movement of people across borders, volume of international telephone calls, Internet usage, and participation in international organizations
The 72 countries ranked in the 2007 Globalization Index account for 97 percent of the world’s gross domestic product (GDP) and 88 percent of the world’s population. Major regions of the world, including developed and developing countries, are covered to provide a comprehensive and comparative view of global integration.
A. T. Kearney Globalization Index measures 12 variables and group them in 4 Dimensions.
1. 2. 3. 4.
Economic Integration Personal contacts Political engagements Technological connectivity
Dimension
ECONOMICS INTEGRATION
Variable
trade FDI
PERSONAL CONTACTS
POLITICAL ENGAGEMENT
travel and tourism
telephone traffic
personal transfers
governmental transfers Membership In international organisation
contribut treaties ion to UN internet hosts
TECHNOLOGICAL internet users CONNECTIVITY
secure servers
?
Economic integration can be measured by the volume of Capital Flow, Trade, or Gross Domestic Product (GDP) between countries.
Financial Integration can be measured by the Amount of Foreign Direct Investment, or, the Ratio of Foreign Capital stock to GDP.
?
? The amount of international travel and tourism ? The amount of international telephone traffic ? The amount of Remittances and personal transfers(compensation to employees, and other person-to-person and nongovernmental transfers).
? The amount of membership in international organizations &number of embassies and high commissions ? The amount of personal and financial contribution to UN peace keeping missions ? The amount of international treaties ratifications ? The amount of governmental transfers payments and receipts.
? The amount of internet users ? The amount of internet hosts ? The amount of secure servers
o
For most variables, each year’s inward and outward flows are added, and the sum is divided by the country’s nominal economic output (GDP).
o
o
The resulting data for each given variable are then "normalized" through a process that assigns values to data points for each year relative to the highest data point that year. The highest data point is valued at 1, and all other data points are valued as fractions of 1. The range of normalized scores for each variable each year is then multiplied by a "scale factor." For simplicity's sake, the base year is assigned a value of 100
o
o
o
The given variable's scale factor for each subsequent year is the percentage growth or decline in the GDP. With the scale factor, comparisons between countries in the same year are preserved, and comparisons between changes in individual variables over time are possible. Country variable scores are then summed, Globalization Index scores for every country and year are derived by summing all the indicator scores.
?
ppt\Globalization-Index_FP_Nov-Dec06_S.pdf
? http://www.atkearney.com/index.php/Public
ations/globalization-index-data-2007.html access on 11 feb,2010 ? http://www.atkearney.com/index.php/Newsmedia/hong-kong-jordan-and-estoniadebut-among-the-top-10-in-expandedranking-of-the-worlds-most-globalizedcountries.html access on 11 feb, 2010
? http://en.wikipedia.org/wiki/Globalization_In
dex access on 12 feb, 2010 ? http://www.economy.bsu.by/library/Globaliz ation%20Index.htm access on 12 feb,2010
doc_416212450.pptx
what is globalization index, Globalization index methodology, different variables used in the index and method of calculation.
?
Globalization is conceptualized as a process that erodes national boundaries, integrates national economies, cultures, technologies and governance and produces complex relations of mutual interdependence.
?
creating networks of connections among actors at multi-continental distances, mediated through a variety of flows including people, information and ideas, capital and goods.
Globalization Index is an annual study that assesses the extent to which the world's most populous nations are becoming more or less globally connected. Find out who's up, who's down, and who's the most global of them all.
?
It is the ranking of countries of the world sorted by their globalization, the global connectivity, integration and interdependence in the economic, social, technological, cultural, political spheres.
? ? ?
A.T. Kearney KOF Index of Globalization CSGR Globalization Index
The A.T. Kearney Globalization Index tracks and assesses changes in four key components of global integration, incorporating measures such as trade and investment flows, movement of people across borders, volume of international telephone calls, Internet usage, and participation in international organizations
The 72 countries ranked in the 2007 Globalization Index account for 97 percent of the world’s gross domestic product (GDP) and 88 percent of the world’s population. Major regions of the world, including developed and developing countries, are covered to provide a comprehensive and comparative view of global integration.
A. T. Kearney Globalization Index measures 12 variables and group them in 4 Dimensions.
1. 2. 3. 4.
Economic Integration Personal contacts Political engagements Technological connectivity
Dimension
ECONOMICS INTEGRATION
Variable
trade FDI
PERSONAL CONTACTS
POLITICAL ENGAGEMENT
travel and tourism
telephone traffic
personal transfers
governmental transfers Membership In international organisation
contribut treaties ion to UN internet hosts
TECHNOLOGICAL internet users CONNECTIVITY
secure servers
?
Economic integration can be measured by the volume of Capital Flow, Trade, or Gross Domestic Product (GDP) between countries.
Financial Integration can be measured by the Amount of Foreign Direct Investment, or, the Ratio of Foreign Capital stock to GDP.
?
? The amount of international travel and tourism ? The amount of international telephone traffic ? The amount of Remittances and personal transfers(compensation to employees, and other person-to-person and nongovernmental transfers).
? The amount of membership in international organizations &number of embassies and high commissions ? The amount of personal and financial contribution to UN peace keeping missions ? The amount of international treaties ratifications ? The amount of governmental transfers payments and receipts.
? The amount of internet users ? The amount of internet hosts ? The amount of secure servers
o
For most variables, each year’s inward and outward flows are added, and the sum is divided by the country’s nominal economic output (GDP).
o
o
The resulting data for each given variable are then "normalized" through a process that assigns values to data points for each year relative to the highest data point that year. The highest data point is valued at 1, and all other data points are valued as fractions of 1. The range of normalized scores for each variable each year is then multiplied by a "scale factor." For simplicity's sake, the base year is assigned a value of 100
o
o
o
The given variable's scale factor for each subsequent year is the percentage growth or decline in the GDP. With the scale factor, comparisons between countries in the same year are preserved, and comparisons between changes in individual variables over time are possible. Country variable scores are then summed, Globalization Index scores for every country and year are derived by summing all the indicator scores.
?
ppt\Globalization-Index_FP_Nov-Dec06_S.pdf
? http://www.atkearney.com/index.php/Public
ations/globalization-index-data-2007.html access on 11 feb,2010 ? http://www.atkearney.com/index.php/Newsmedia/hong-kong-jordan-and-estoniadebut-among-the-top-10-in-expandedranking-of-the-worlds-most-globalizedcountries.html access on 11 feb, 2010
? http://en.wikipedia.org/wiki/Globalization_In
dex access on 12 feb, 2010 ? http://www.economy.bsu.by/library/Globaliz ation%20Index.htm access on 12 feb,2010
doc_416212450.pptx