Trying to Measure Globalization

Trying to Measure Globalization
Author: Marco Caselli
Publisher: Springer Science & Business Media
Total Pages: 147
Release: 2012-01-05
Genre: Political Science
ISBN: 9400728077
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The aim of this book is to conduct a critical survey of the main tools devised for the synthetic measurement of globalization processes. To this end, the first part of the book discusses the meaning of the concept considered, highlighting the different and often contradictory interpretations put forward in its regard in the literature. Subsequently analysed are the passages and issues that must be addressed when constructing an instrument intended to measure a social phenomenon of such complexity as globalization. Stressed in particular is that the researcher’s subjectivity is repeatedly involved in these passages, so that no instrument can have objective validity. Given these premises, the book presents the principal tools employed in attempts to measure globalization, starting with those whose unit of analysis is the state. In this regard, particular space is devoted to indexes which take a multidimensional approach to the concept of globalization. There follows a comparison among the results obtained using these indexes, and criticisms are made of the ways in which the latter have been constructed. A limitation, or if one wishes a paradox, concerning such tools is that they measure in relation to states a process which has as one of its principal features the fact that it extends beyond the confines of states. For this reason, the final chapter considers whether globalization can be measured with different units of analysis – in particular people and cities. The books concludes with discussion of the general limitations of globalization indexes.

Measuring Globalisation

Measuring Globalisation
Author: Axel Dreher
Publisher: Springer Science & Business Media
Total Pages: 230
Release: 2008-12-05
Genre: Business & Economics
ISBN: 0387740694
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Globalisation is a timely and controversial topic. Against the chorus of globalisation’s proponents and detractors, the authors propose an approach for measuring globalisation and its consequences. Undertaking a comprehensive review of the literature on globalisation and using data from the MGI and KOF indices, the well-respected authors build a framework for defining globalisation and analyzing the relationships among economic, political, and social variables.

Globalization-Related Indices

Globalization-Related Indices
Author: Source Wikipedia
Publisher: Booksllc.Net
Total Pages: 34
Release: 2013-09
Genre:
ISBN: 9781230821184
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 32. Chapters: Corruption Perceptions Index, Democracy Index, Freedom in the World, Globalization Index, Globalization Index (A.T. Kearney), Global city, Global Hunger Index, Global Peace Index, Press Freedom Index, Privacy International. Excerpt: Freedom in the World is a yearly survey and report by U.S.-based Freedom House that attempts to measure the degree of democracy and political freedom in every nation and significant disputed territories around the world. Freedom in the World was launched in 1973 by Raymond Gastil. It produces annual scores representing the levels of political rights and civil liberties in each state and territory, on a scale from 1 (most free) to 7 (least free). Depending on the ratings, the nations are then classified as "Free," "Partly Free," or "Not Free." The report is often used by researchers in order to measure democracy and correlates highly with several other measures of democracy such as the Polity data series. The Freedom House rankings are widely reported in the media and used as sources by political researchers. Their construction and use has been evaluated by critics and supporters. The rankings below are from the Freedom in the World 2010, 2011, 2012 and 2013 surveys and reflect events in 2009, 2010, 2011, and 2012 respectively. Each pair of political rights and civil liberties ratings is averaged to determine an overall status of "Free" (1.0-2.5), "Partly Free" (2.51-5.5), or "Not Free" (5.51-7.0). An asterisk (*) indicates countries which are "electoral democracies." To qualify as an "electoral democracy," a state must have satisfied the following criteria: Freedom House's term "electoral democracy" differs from "liberal democracy" in that the latter also implies the presence of a substantial array of civil liberties. In the survey, all Free countries qualify as both electoral and...

Measuring Globalization

Measuring Globalization
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 153
Release: 2023-12-01
Genre: Political Science
ISBN: 9292705318
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This report introduces the Global Integration Index, which assesses the progress of globalization across traditional areas, such as trade, investment and institutional arrangements, and includes new areas of digital connectivity and environmental cooperation. Building on ADB’s framework to measure progress in regional cooperation and integration, the index confirms Asia’s deeper global economic linkages, enabling comparison with other regions and across dimensions.

Handbook on Constructing Composite Indicators: Methodology and User Guide

Handbook on Constructing Composite Indicators: Methodology and User Guide
Author: OECD
Publisher: OECD Publishing
Total Pages: 162
Release: 2008-08-22
Genre:
ISBN: 9264043462
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A guide for constructing and using composite indicators for policy makers, academics, the media and other interested parties. In particular, this handbook is concerned with indicators which compare and rank country performance.

Trends in Globalization of Select Asian Countries

Trends in Globalization of Select Asian Countries
Author: Sudhanshu K. Mishra
Publisher:
Total Pages: 18
Release: 2017
Genre:
ISBN:
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In this study we have constructed a composite index of globalization of select Asian countries during 1970-2014 by minimizing the Euclidean norm of Shapley values of indicator variables contributing to the overall index. As a consequence, the mean expected marginal contributions of constituent variables to the overall index are approximately equal and thus, the overall composite index represents the constituent variables optimally. We call this index the Almost Equal Marginal Contribution (AEMC) index. We find that AEMC index and the KOF index of globalization are highly correlated (Pearson's r=0.982). We find that Singapore, Cyprus, Israel, Qatar, Malaysia, Jordan, Lebanon, Turkey, Kuwait, Bahrain and Japan have done very well and scored above 0.7. At the other end, Yemen, Tajikistan, Bangladesh, Bhutan, Iran, Nepal and Myanmar have scored below 0.5. Trends in globalization are increasing in general, but the rate of globalization, which accelerated after 1991, lost is momentum after 2007. Disparities in globalization, as measured by Gini coefficient over the countries under study, were more or less constant up to 1985 but after that they started declining. We have found that the index of globalization goes well with other socio-economic measures such as Economic Freedom Index, International Innovation Index, Social Progress Index, Human Development Index and Corruption Perception Index, showing high values of Kendall's Tau and Spearman's Rho. Its association with Democracy Index is rather weak but positive. It is almost uncorrelated with the Gender Gap Index. We observe, therefore, that globalization index is moving well with the indices of socio-economic condition in the Asian countries.

Measuring Globalisation: OECD Economic Globalisation Indicators 2010

Measuring Globalisation: OECD Economic Globalisation Indicators 2010
Author: OECD
Publisher: OECD Publishing
Total Pages: 235
Release: 2010-08-25
Genre:
ISBN: 9264084363
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This second edition of the OECD Economic Globalisation Indicators presents a broad range of indicators on trade, foreign direct investment, the economic activity of multinational firms, and the internationalisation of technology.

The KOF Globalisation Index

The KOF Globalisation Index
Author: Savina Gygli
Publisher:
Total Pages:
Release: 2018
Genre:
ISBN:
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We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006) and updated in Dreher et al. (2008). This second revision of the index distinguishes between de facto and de jure measures along the different dimensions of globalization. We also disentangle trade and financial globalization within the economic dimension of globalization and use time-varying weighting of the variables. The new index is based on 43 instead of 23 variables in the previous version. Following Dreher (2006), we use the new index to examine the effect of globalization on economic growth. The results suggest that de facto and de jure globalization influence economic growth differently. Future research should use the new KOF Globalisation Index to re-examine other important consequences of globalization and why globalization was proceeding rapidly in some countries, such as South Korea, but less so in others.

Globalization and the New Normal

Globalization and the New Normal
Author: Ms.Alina Carare
Publisher: International Monetary Fund
Total Pages: 40
Release: 2018-04-06
Genre: Business & Economics
ISBN: 1484350642
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This study expands the empirical specification of Cerra and Saxena (2008), and allows short-term output growth regimes to be determined by globalization. Relying on a non-linear dynamic panel representation, it reconciles the earlier results in the literature regarding the two opposite narratives of the effects of globalization on output growth. Countries experience higher growth, on average, the more open and integrated they are into the world. However, once they reach a certain globalization threshold (endogenously estimated), countries may also experience a new normal, persistently lower short-term output growth following a financial crisis. The benefits, as well as vulnerabilities, accrue earlier in the globalization process for low- and middle-income countries. To solely reap the globalization benefits on growth, sound policies should be in place to mitigate the negative effects stemming from increased vulnerabilities brought by globalization.

The Global Innovation Index 2013

The Global Innovation Index 2013
Author: Cornell University
Publisher: WIPO
Total Pages: 416
Release: 2013
Genre: Law
ISBN:
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The Global Innovation Index ranks the innovation performance of 142 countries and economies around the world, based on 84 indicators. This edition explores the impact of innovation-oriented policies on economic growth and development. High-income and developing countries alike are seeking innovation-driven growth through different strategies. Some countries are successfully improving their innovation capacity, while others still struggle.