Globalisation continues: The Maastricht Globalisation Index revisited and updated
Abstract
Globalisation is a complex process which leads to an increasing connectedness and inter-relatedness in the political, economic, social and cultural, technological and environmental domain on many different scales. While this is a truly global phenomena, it also has different impacts and manifestations in different geographic localities. As a result, different nations exhibit different levels of globalisation or connectedness. Further, perspectives on globalisation are manifold and change over time, therefore it is crucial to continuously reflect upon and revise existing methodologies. Composite Indices are a powerful tool to capture and measure complex concepts that allow for monitoring complex systems over time and yield relative rankings and comparisons. This paper presents a revised and updated Maastricht Globalisation Index for 117 countries and three points in time, 2000, 2008 and 2012, including a new calculation methodology and data. Results show that globalisation still continues but has slowed down, due to the recent economic crisis.
Recommended Citation
Lukas Figge and Pim Martens
(2012)
"Globalisation continues: The Maastricht Globalisation Index revisited and updated,"
Globalizations:
Vol. 11
:
Iss.
2, Article 5.
Available at: http://services.bepress.com/globalizations/vol11/iss2/art5
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Explanation of Revision
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