THE KOF INDEX
Strength
Allows comparisons to be made for countries over a given time
It has been calculated for a very large number of countries
Uses data that is readily available
Makes use of 24 variables covering three main area; political, social and economic
Weaknesses
Bias in formulating it
Fall in the trade of books and newspapers
Internet is only accessed by those who can afford
Large number of illegal foreign migrants
Social Globalisation
information flow, internet users
Personal contacts, telephone traffic
Cultural proximity, McDonald resturants
Political Globalisation
Diffusion of government policies
number of high commissions
Number of embassies
Economic Globalisation
The long distance flow of goods, capital and services