Globalisation: 1.5 - KOF or Kearney

Question 1

KOF Index

Answer 1

Measures globalisation in terms of social, political and economic links with other countries

More globalised -> more tourism, trade, FDI (flows of people, goods, and money)

Question 2

Which country was the most globalised according to the KOF index in 2015?

Answer 2

Ireland

Question 3

Which country was the least globalised according to the KOF index in 2015?

Answer 3

Solomon Islands

Question 4

Which country had the most social links according to the KOF index in 2015?

Answer 4

Austria

Question 5

Which country had the most political links according to the KOF index in 2015?

Answer 5

Italy

Question 6

Kearney Index

Answer 6

Measures globalisation in terms of economic links with other cities

More globalised -> more business activity, capital, information exchange (flows of services, money, ideas)

Split into two parts: Global Cities Index and Global Cities Outlook

Question 7

Global Cities Index

Answer 7

Part of Kearney Index

Measures a city’s performance in business activity, capital, information exchange, political engagement

Question 8

Global Cities Outlook

Answer 8

Part of Kearney Index

Measures a city’s potential growth based on rate of change of quality of life, economy, innovation, and governance

Question 9

What are the top 3 cities according to the Kearney Index?

Answer 9

New York, London, and Paris. Maintained the top 3 spot for a decade