4A.T. Kearney - EconomicTrade & Foreign Direct Investment (FDI)
5A. T. Kearney - Personal Telephone traffic Travel Remittances and Personal Transfers
6A. T. Kearney - Technological Internet UsersInternet HostsSecures Servers
7A. T. Kearney – Political International Organizations U.N Peacekeeping TreatiesGovernment Transfers
8A. T Kearney – How is it calculated? The lowest value is given a 0, the highest is given a 1 and then relative values are given to the ones in between.FDI, Internet and Telephone Traffic is weighted doubleAll scores are then summarized
9A. T Kearney Advantages It covers 96% of worlds GDP It covers 84% of worlds PopulationAllows for comparison between countriesAllows for comparison over time
10A. T Kearney - Disadvantages Only 64 Countries are included in the indexWeightings – who decides?How do you measure cultural trends?
11A. T Kearney CriticismsSmaller countries tend to take the top places in the index due to higher proportion/importance of FDI – therefore suggesting an over importance of the size of the country.
12A. T Kearney - ResponseNot statistically significant
13Points of Note with KOF Index The KOF Index of 2009 shows that globalization is still on the rise, driven by increased economic and political globalization, while social globalization stagnates.According to the KOF Index of Globalization 2009, Belgium is the world's most globalised country, although it is not on the top of any of the three dimensions
14Advantages of KOFThe index allows comparing degree and changes in globalization over a large number of countries and more than 30 years.The KOF Index of Globalization 2009 is available for 158 countries over the period 1970–2006,It is calculated on the basis of 24 variables.
15Advantages of KOF Index employing the weighted individual data series instead of using the aggregated lower-level globalization indices data can enter the higher levels of the index even if the value of a sub-index is not reported due to missing data
16Disadvantages of KOFthe results were sometimes driven by extreme outlying observations and missing values.cultural globalization mostly refers to the domination of U.S. cultural products. Arguably, the United States is the trend-setter in much of the global socio-cultural realm