Kategoriak: All - trade - data - policies - comparisons

arabera Benon MWESIGWA 6 years ago

391

THE KOF INDEX

The KOF Index measures globalisation across various dimensions, including social, economic, and political aspects. Social globalisation is analyzed through cultural proximity, personal contacts, and information flow, while economic globalisation focuses on the international exchange of goods, capital, and services.

THE KOF INDEX

Restrictions

mean tarrifs

taxes

Import tarrifs

Actual flows

Portfolio investments

Trade data

FDL

THE KOF INDEX

Economic Globalisation

The long distance flow of goods, capital and services

Political Globalisation

Number of embassies
number of high commissions
Diffusion of government policies

Social Globalisation

Cultural proximity, McDonald resturants
Personal contacts, telephone traffic
information flow, internet users

Weaknesses

Large number of illegal foreign migrants
Internet is only accessed by those who can afford
Fall in the trade of books and newspapers
Bias in formulating it

Strength

Makes use of 24 variables covering three main area; political, social and economic
Uses data that is readily available
It has been calculated for a very large number of countries
Allows comparisons to be made for countries over a given time