THE MAASTRICHT

GLOBALIZATION INDEX
CHARACTERISTICS
117 countries
MGI is similar to the KOF index (adding environmental dimensions)
Gives all indicators the same weight
Each variable is rated on a scale of 0-100



DEFINITION CONTEMPORARY
GLOBALIZATION
An intensification of cross-national cultural, economic,
political, social and technological interactions that lead to
the establishment of transnational structures and the global
integration of cultural, economic, environmental, political
and social processes on global, supranational, national,
regional, and local levels.
FACTORS INCLUDED
Global Politics
Organized Violence
Global Trade
Global Finance
People on the Move
Technology
Globalization and the Environment
PROBLEMS
This definition of globalization is quite broad
Difficult to measure some of the factors accurately
Hard to differentiate globalization from
internationalization and regionalization
Some countries are excluded from the index
Countries with less international linkages tend to publish
less data
Data provided by non-official institutions



PRO
Amount of
included
countries
More factors
included
Weights are
equally
distributed
CON
Not all variables
are equally
valuable
An index should
try to include all
countries
Inaccurate
measurements of
dimensions
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