The kof index of globalisation is an index of the degree of globalisation of countries. Pdf we introduce the revised version of the kof globalisation index. When using the current version of this data, please cite. Kof globalisation index kof swiss economic institute eth. Kof is listed in the worlds largest and most authoritative dictionary database of abbreviations and acronyms the free dictionary. Index atkfp was one of the first globalisation index, launched in 2001 and continued until 2006, and has served as a prototype for many later indices. We introduce the revised version of the kof globalisation index, a composite index measuring globalization for every country in the world along the economic, social and political dimension. Redirected from kof index of globalisation jump to navigation jump to search. The impact of globalization on african countries economic. Influenced by the atkfp index, the kof globalisation index followed in 2002 and was updated in 2007 dreher, 2006 and dreher et al, 2008. In order to measure economic globalization variables such as trade, foreign direct investment, income, etc.
There has been a slight advance in economic globalization compared to the previous year. The overall index covers the economic, social and political dimensions of globalization. Globalization index overall, economic, social, political click on the images below to view the fullsize chart in a separate browser tab or window. The kof index of globalisation is an index of the degree of globalisation of 122 countries 29.
The kof index has provided a measure of globalization for numerous empirical studies. The kof index of globalization measures the three main dimensions of globalization. Abstract the kof indices of globalisation are the most used globalisation. The kof globalisation index revisited springerlink. For example, higher kof index values have been empirically linked to higher rates of economic growth dreher, 2006. The economic globalization index includes two variable groups. The kof index of globalisation the kof index is a score each country is given out of 100, the higher the number the more globalised the country is considered to be. Some of the material in this section is drawn from dreher et. The 20kof index cumulates 23 variables to an overall index and three subindices covering the economic, social and political dimensions of globalization. Designing a composite indicator measuring globalization requires a definition of. Globalisation in the economic, social and political fields has been on the rise since the 1970s, receiving a particular boost after the end of the cold war. Kof globalisat ion index to reexamine other impo rtant conseq uences of globalization and why global ization wa s proceeding rapidly in some co untries, such as south ko rea, b u tl e s ss oi no. The current kof globalisation index reflects economic, social and political globalisation up to and including 2015.
The kof index of globalization aims to measure the rate of globalization in countries around the world. In fact the concept of globalization is wide and little defined in its boundaries and encompasses a range of disciplines and different perspectives. The latter index is extensively used in academic analysis. As a complex and multifaceted phenomenon, globalization is considered by some as a form of capitalist expansion which entails the integration of local and national economies into a global, unregulated market economy. A new index of globalization asian development bank. Globalization is defined as market integration, taking up cultural barriers and trading. The statistic shows the 100 most globalized countries in the globalization index 2018.
A satisfactory definition of globalization must address each of these items. The kof index of globalisation is an index of the degree of globalisation of 122 countries 29 it was conceived by axel dreher at the konjunkturforschungsstelle of eth zurich, in switzerland. That system includes national governments, their governmental and intergovernmental organizations as well as governmentindependent elements of global civil society such as international nongovernmental organizations and social movement organizations. The kof index of globalization 2017 is based on 23 variables and. In the revised kof globalisation index, we propose a broader definition of cultural globalization inspired by raab et al. Designing a composite indicator measuring globalization requires a definition of globalization. Index ranked 181 countries in 2010, using 24 indicators grouped into 3 categories. The kof index of globalization is an index of the degree of globalization of 122 countries. Jun 23, 2014 points of note with kof index the kof index of 2011 shows that globalization is still on the rise, driven by increased economic and political globalization, while social globalization stagnates.
Political globalization refers to the growth of the worldwide political system, both in size and complexity. According to the kof index of globalization 2012, belgium is the worlds most globalised country. Countries which already had a high score on the index for example belgium have only a little room for further globalization gains. Africa has not been spared from the implications of this phenomenon. Has been calculated for a very large number of countries over a long time period since 1970.
It was first published in 2002, and covered the period from 1970 until that year 46 a new version of it was published in 2017. Jan 28, 2019 we introduce the revised version of the kof globalisation index, a composite index measuring globalization for every country in the world along the economic, social and political dimension. Kof index of globalization 2010 kof index of globalization. Points of note with kof index the kof index of 2011 shows that globalization is still on the rise, driven by increased economic and political globalization, while social globalization stagnates. F5 international relations, national security, and international political economyf53 international agreements and observance. Resources include query index which enables querying of the kof index of globalization in detail, a utility that enables querying of aggregated graphs of the kof index of globalization, in addition to globalization maps which displays the index of globalization overall index in a. Kof globalisation index kof swiss economic institute.
The kof index of globalization 2011 is a ranking of the most global countries based on three dimensions of globalization. The kof globalisation index revisited research collection. The original index was introduced by d reher 2006 and updated in dreher et al. Advantages of using the kof index of globalisation 1. The greater the globalisation index rises during the period, the higher the growth gains due to globalization are.
It was conceived by axel dreher at the konjunkturforschungsstelle of eth zurich, in switzerland. The findings of these studies implied that openness is associated with more rapid growth. In the literature, an index of globalization used is the kof index of globalization, which measures three dimensions of globalization, namely the economic, the social and the political one. Kof globalisation index kof swiss economic institute eth zurich. Globalization or globalisation is the process of interaction and integration among people, companies, and governments worldwide. Composite index created in 2002 by the swiss institute for business cycle research kof in german to measure economic, social and political dimensions of globalization compared to the base year 1970. Looking for online definition of kof or what kof stands for. Robustness of the kof index of economic globalisation gozgor. It was conceived by axel dreher at the konjunkturforschungsstelle of. A composite indicator that provides a reliable reading on the direction of gdp growth for the swiss economy compared with the yearearlier quarter. The inevitable push and pull of globalization plays out.
Jun 11, 2010 kof index of globalization globalization in the usa the usas ranking on the kof index of globalization dropped one place to number 27. We used the kof globalization index with a special bias on african countries. Sep 23, 2017 kof is an acronym for the german word konjunkturforschungsstelle meaning. We argue the definition of international trade flow in the kof globalisation index. The swedish journalist thomas larsson, in his book the race to the top.
Advances in transportation, such as the steam locomotive, steamship, jet engine, container ships, and in telecommunications infrastructure, including the rise of the telegraph and its modern offspring. In 2006, dreher introduced a new comprehensive index of globalization, kof, to examine the impact of globalization on growth in an unbalanced dynamic panel of 123 countries between 1970 and 2000. Pdf the kof globalisation index revisited researchgate. Oct 12, 2009 the globalization index 2007 the world may not be flat for everyone, everywhere, but theres no turning back the clock on globalization. The original index was introduced by dreher applied economics, 3810. Designing a composite indicator measuring globalization requires a definition. Measuring globalisation through economic, social and political dimensions kof index social globalisation economic globalisation the spread of ideas, information, images and people 39% of globalisation index this includes. The level of globalisation worldwide increased rapidly between 1990 and 2007 and has risen only slightly since the great recession. The real story of globalization, says that globalization is the process of the shrinking of the. To define specific index variables that have influence on the globalisation. Pdf the impact of globalization on economic growth. This chart shows globalization index 2016 globalization is the process of international integration arising from the interchange of world views, products, ideas and other aspects of culture.
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