Measured by international telephone calls, tourist flows, resident foreign population and access to foreign internet, households with a TV set, and 'global affinity' (presence of international TNC retail outlets), international mail, import and exports of books.Measured by indicators like cross-border trade, FDI, tariff rates and money flows.It's a composite index combining 24 indicators spread across three categories:.Produced annually by the Swiss Institute for Business Cycle Research.Each component multiplied by a fraction of 1.0 and then the components are added.Component index values can then simply be added and the mean value calculated to give the overall index value.Īlternatively, component index values might be scaled (weighted).Each component indicator is expressed as a percentage.Indices may be composite measures, combining several indicators. They may be expresses as whole numbers out of a maximum 100, or as a decimal fraction (in 1/100ths) out of a maximum 1.0. Indices express indicators as a percentage - either of the highest actual total or of the maximum possible total. An indicator is a measure of an individual aspect (of globalisation), e.g.
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