Measuring Economic Globalization – Facts And Figures
AbstractGlobalization is a very dynamic and complex phenomenon. It exerts a big influence at local, national and regional level through the interconnections between countries, institutions, people, etc. that result in important changes of economic, environmental, political, social and cultural nature. Although globalization is a multidimensional phenomenon, one cannot deny that some of its most visible aspects are of economic nature. The need to measure economic globalization is now of central concern both for academic circles as for the business environment, the mass, specialized mass media and policy makers. Although it is almost impossible to capture such a complex phenomenon in a single representative figure, this paper attempts to place a theoretical debate on more solid scientific basis (in terms of economic globalization indices). In the first part of the paper, we present a brief literature review focusing on some of the different interpretations and beliefs regarding the concept of economic globalization (with reference to the economic literature to date) in order to facilitate future empirical approaches of its impact on national economies. In the second part of the paper, we highlight the extent of the process of economic globalization and the impact on the global economy (and on the Romanian economy), using three indicators quite new in literature: the KOF index of globalization, the globalization index proposed by A.T. Kearney/Foreign Policy and the CSGR Globalization Index. Also we have included in the paper other two important globalization indices – the M-GI and WMRC Index – paying attention to the economic dimension.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration in its journal The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration.
Volume (Year): 11 (2011)
Issue (Month): 2(14) (December)
economic globalization; the multidimensional globalization index; the index of economic globalization;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Liviu Scutariu).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.