Measuring Globalisation
Geography: Edexcel A Level, topic 4.1.6
How Can Globalisation Be Measured?
The extent to which a country is globalised can be measured using indicators and indices.
AT Kearney Index
- The AT Kearney Index uses four main indicators to publish a globalisation index.
- This index includes political engagement, technological connectivity, personal contact and economic integration.
- It is considered more holistic than the KOF index because it looks at the number of web servers rather than just internet communications, for example.
KOF Index
- The KOF Index is calculated annually based on three aspects of globalisation.
- It includes measures of economic globalisation, social globalisation and political globalisation.
- Some indicators are given a greater value than others in this index. For example, the volume of FDI is given a heavy weighting.
Indicators of globalisation
- As well as using indices, indicators can also be used to measure globalisation.
- These include human flows of migrants, trade flows of FDI, membership of trade blocs and membership of IGOS.
Test yourself on Measuring Globalisation
The KOF Index is calculated from three aspects of globalisation (economic, social and political globalisation). What is given a heavier weighting in the KOF Index compared to other similar indices?
Which of the following are ways to measure globalisation?