INDEX OF GLOBALIZATION. WHAT IS IT? The KOF Index of Globalization measures the three main dimensions of globalization: economic social and political.

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Presentation transcript:

INDEX OF GLOBALIZATION

WHAT IS IT? The KOF Index of Globalization measures the three main dimensions of globalization: economic social and political.

In addition to three indices measuring these dimensions, an overall index of globalization and sub-indices are also calculated referring to actual economic flows economic restrictions data on information flows data on personal contact and data on cultural proximity. Data are available on a yearly basis for 207 countries over the period

Economic Globalization Index i) Actual Flows (50%) Trade (percent of GDP) (21%) Foreign Direct Investment, stocks (percent of GDP) (28%) Portfolio Investment (percent of GDP) (24%) Income Payments to Foreign Nationals (percent of GDP) (27%) ii) Restrictions (50%) Hidden Import Barriers (24%) Mean Tariff Rate (27%) Taxes on International Trade (percent of current revenue) (26%) Capital Account Restrictions (23%)

Social Globalization Index i) Data on Personal Contact (34%) Telephone Traffic (25%) Transfers (percent of GDP) (3%) International Tourism (26%) Foreign Population (percent of total population) (21%) International letters (per capita) (24%) ii) Data on Information Flows (35%) Internet Users (per 1000 people) (33%) Television (per 1000 people) (36%) Trade in Newspapers (percent of GDP) (31%) iii) Data on Cultural Proximity (31%) Number of McDonald's Restaurants (per capita) (45%) Number of Ikea (per capita) (45%) Trade in books (percent of GDP) (10%)

Political Globalization Index Political Globalization [26%] Embassies in Country (25%) Membership in International Organizations (28%) Participation in U.N. Security Council Missions (22%) International Treaties (26%)

India : 2013 Economic Globalization Index: (128) [207] Social Globalization Index: (144) [193] Political Globalization Index: (18) [207] GLOBALIZATION INDEX: (107) [187]