MAY 2005. MEASURING. GLOBALIZATION. CSULA BUS 515. By:vairag kothari from : 1 st year EE. WALTER ALMORA SAMSON TESFASION . WHAT’S GLOBALIZATION?. Globalization is the increasing interconnectedness of people and societies
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from : 1st year EE
Globalization is the increasing interconnectedness
of people and societies
and the interdependence of economies, governments and environments.
There appear to be a direct relationship among civil liberties, more political rights, lower levels of corruption and ... the level of globalization.
Also, it seems to be a relationship between globalization and patterns of inequality of income.
“Trade flows are not significantly higher than they were prior to 1914 if one measures them against GDP, but loom much larger if they are compared against industrial production.“
D. Rodrik, 1998
“Symposium on Globalization in Perspective: An Introduction” Dany Rodrik – 1998 – Journal of Economics Perspectives
The FOREING POLICY Globalization Index measures 12 variables and group them in 4 categories: