KOF globalistion index Flashcards
1
Q
What does it measure?
A
the extent of which countries are linked socially, politically and economically
2
Q
Examples of what it measures
A
levels of FDI
internet users
number of embassies
3
Q
How many specific measurements are there in total?
A
23
4
Q
According to the 2024 KOF index, which countries are the most globalised?
A
the netherlands
switzerland
belgium
5
Q
advantages of KOF
A
measures on a wide range of vairables
one to the few measurements that includes political globalisation
emphasis on culture and actual contact between nations
allows direct comparisons using quantifiable data
6
Q
Disadvantages of KOF
A
favours ACs
Measures the number of Mcdonald’s and ikeas- cultural differences
The US ranked 21st- the largest global economy- is it accurate?
Not all countries provide data
