The Kof Index And Tariffs In The World Economy...

World Economy Problem No. 1 The KOF indicator of globalisation of the ETH Zurich measures the lastingness of internationalization along the economic, social, and political axes, in vow to browse countries both on the aggregate, as intumesce as on the single dimensional levels. globalization is in the main understood as the level of international connectivity and interlinkages of a outlandish. For to each one dimension, the index uses amidst four and ten types of entropy, which it aggregates, employing different weights. For the economic dimension, it looks at cross-b rove financial and real flows relative to a awkwards GDP, and at the level of barriers to these flows. In the social dimension, it draws on data much(prenominal) as the spread of information and communication technology, the consumption of global products, and the level of international travel and communication. Finally, the political dimension captures a countrys involvement in international d iplomatic activities. The A.T. Kearney Globalization Index measures a countrys economic, political, personal, and expert integration into the world economy. It broadly uses similar data sources and methodological analysis as the KOF Index. - Differences o KOF analyzes all 208 countries, whereas A.T. Kearney concentrates on the countries contributing 97 % of the world GDP. o A.T.

Kearny relates the variables according to the contribution of each country relating to its capacity to contribute. For the KOF, each variable is transformed into an index on a scale of one to hun dred, where hundred is the maximum get for! a specific variable over the period 1970 to 2008. - ripening over past few eld: o A.T. Kearney was non published after 2007. o Analyzing the development of the recent years you can observe a progressive upward cause in globalization in the developing and emerging countries in Eastern Europe and Central Asia. Furthermore the Index of Globalization 2011 now shows compared to...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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