1.5 - KOF Or Kearney Flashcards
1
Q
What do KOF and Kearney measure?
A
- degrees of globalisation
2
Q
What factors does KOF judge against?
A
- Social
- Political
- Economical
Links that a country has
3
Q
What type of links does KOF value with larger weight?
A
- tourism
- communication
- Trade
- FDI
- Sociopolitical links
4
Q
What do the factors that KOF looks at allow to happen?
A
Small countries with very little resources can rank high
Thus be more globalised
5
Q
What factors does Kearney consider?
A
- business activity
- human capital
- information exchange
- cultural experience
- political engagement
- personal contact
Does this for cities not entire countries
6
Q
What is better about Kearney?
A
Provides future projections
Displays data through multiple metrics, decisions reached are much more likely to be well informed
7
Q
Who makes the Kearney Global City Index?
A
AT Kearney
- US based management consultancy agency
8
Q
What is better about KOF?
A
- Looks at 158 countries
- Judges entire countries
- More balanced as social has larger weighting
- Data is expressed as 3 factors, easier to process
9
Q
What are the downsides of Kearney?
A
- Heavy US bias
- lots of data for US cities, not proportional to amount for others
- predictions made are not entirely accurate
- only looks at 64 countries
10
Q
What are the downsides of KOF?
A
- Data for lesser developed countries is estimated
- lack of future predictions
- does not show variance of globalisation within a country, can be found with Kearney for countries which it has a lot of data on
