Rethinking globalization: a modified globalization index

Pim Martens and Daniel Zywietz
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Pim Martens: University of Maastricht, Open University Netherlands, Zayd University, Postal: University of Maastricht, Open University Netherlands, Zayd University
Daniel Zywietz: University of Maastricht, Postal: University of Maastricht

Journal of International Development, 2006, vol. 18, issue 3, 331-350

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.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:18:y:2006:i:3:p:331-350

DOI: 10.1002/jid.1223

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