a Benon MWESIGWA 6 éve
503
THE KOF INDEX
Restrictions
mean tarrifs
taxes
Import tarrifs
Actual flows
Portfolio investments
Trade data
FDL
THE KOF INDEX
Economic Globalisation
The long distance flow of goods, capital and services
Political Globalisation
Number of embassies
number of high commissions
Diffusion of government policies
Social Globalisation
Cultural proximity, McDonald resturants
Personal contacts, telephone traffic
information flow, internet users
Weaknesses
Large number of illegal foreign migrants
Internet is only accessed by those who can afford
Fall in the trade of books and newspapers
Bias in formulating it
Strength
Makes use of 24 variables covering three main area; political, social and economic
Uses data that is readily available
It has been calculated for a very large number of countries
Allows comparisons to be made for countries over a given time
