THE KOF INDEX

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THE KOF INDEX by Mind Map: THE KOF INDEX

1. SOCIAL GLOBALIZATION LOOKS AT:

1.1. 1. PERSONAL CONTACT- THIS CAPTURES DIRECT INTERACTION AMONG PEOPLE LIVING IN DIFFERENT COUNTRIES (EG: TELEPHONE TRAFFIC)

1.2. 2. INFORMATION FLOWS: THIS LOOKS AT HOW ACCESSIBLE INFORMATION FROM FOREIGN COUNTRIES IS TO THE CITIZENS OF A COUNTRY (EG: NUMBER OF INTERNET USERS)

1.3. 3. CULTURAL PROXIMITY: THIS IS ARGUABLY THE DIMENSION OF GLOBALIZATION MOST DIFFICULT TO UNDERSTAND (EG; NUMBER OF McDONALDs RESTAURANTS IN A COUNTRY

2. MEASURES THREE DIMENSIONS OF GLOBALIZATION:

2.1. -ECONOMIC GLOBALIZATION -SOCIAL GLOBALIZATION -POLITICAL GLOBALIZATION

3. POLITICAL GLOBALIZATION LOOKS AT:

3.1. NUMBER OF EMBASSIES AND HIGH COMMISSIONS IN A COUNTRY

3.2. NUMBER OF UN SECURITY COUNCIL PEACE MISSIONS A COUNTRY HAS PARTICIPATED IN

3.3. NUMBER OF INTERNATIONAL ORGANIZATIONS TO WHICH THE COUNTRY IS A MEMBER

4. ECONOMIC GLOBALIZATION LOOKS AT:

4.1. 1. ACTUAL FLOWS

4.2. 2. RESTRICTIONS

5. CRITICISMS OF THE KOF INDEX

5.1. 1. SOME DETERMINANTS ARE BASED ON AMERICAN TRADITIONS.

5.2. 2. CULTURAL BARRIERS.

5.3. 3. DIDN'T CONSIDER DEMOCRACY AS A PART OF GLOBALIZATION

5.4. 4. DIDN'T INCLUDE RELIGION AS A FACTOR.

6. STRENGTHS OF THE KOF INDEX

6.1. 1. INDEX IS SIMPLE AND EASY TO UNDERSTAND BECAUSE IT IS MEASURED IN THE FORM 0-100

6.2. 2. CONSIDERS MANY ASPECTS OF GLOBALIZATION.