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Rethinking globalization: a modified globalization index
Author(s) -
Martens Pim,
Zywietz Daniel
Publication year - 2006
Publication title -
journal of international development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.533
H-Index - 66
eISSN - 1099-1328
pISSN - 0954-1748
DOI - 10.1002/jid.1223
Subject(s) - globalization , index (typography) , robustness (evolution) , economic system , economics , political science , business , computer science , market economy , biochemistry , chemistry , world wide web , gene
Abstract This paper discusses conceptual and operational issues involved in measuring globalization. We propose a modified index for measuring globalization. The suggested index is based upon the A.T. Kearney/Foreign Policy Globalization Index, but is improved both conceptually and operationally. We used data for 117 countries from a variety of resources to test the robustness of the suggested index. Furthermore, the results are compared with two recent globalization indices (the A.T. Kearney/Foreign Policy Globalization Index and the World Markets Research Centre G7‐Index). The new index is used to delineate the various countries according to their level of globalization. Copyright © 2005 John Wiley & Sons, Ltd.