MEASURING THE IMPACT OF GLOBALIZATION ON COUNTRIES USING COMPOSITE INDEXES
Consumers, regulators, government institutions, and the media are all directly affected by globalization. Globalization is a recognized economic phenomenon that is often seen as a catalyst for national economic growth and development. The economy, politics, and society have become more intertwined i...
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Format: | Article |
Language: | English |
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Romanian Foundation for Business Intelligence
2022-12-01
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Series: | Cross-Cultural Management Journal |
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Online Access: |
http://seaopenresearch.eu/Journals/articles/CMJ2022_I2_5.pdf
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author | Muhammad Rizwan HUSSAIN |
author_facet | Muhammad Rizwan HUSSAIN |
author_sort | Muhammad Rizwan HUSSAIN |
collection | DOAJ |
description | Consumers, regulators, government institutions, and the media are all directly affected by globalization. Globalization is a recognized economic phenomenon that is often seen as a catalyst for national economic growth and development. The economy, politics, and society have become more intertwined in the last two decades. A trend in one part of the world quickly influences development in other parts. The COVID-19 epidemic is an excellent example of this interdependence. The purpose of this study is to systematically review the literature which deals with the study of composite indices measuring globalization and its impact. This is accomplished by collecting and classifying 65 peer-reviewed publications, primarily from Scopus, Web of Science, and Science Direct, and augmented by a search of existing databases and bibliographies. This review elaborates on the six widely cited globalization indexes. The study will contribute to existing literature and theories by documenting and comparing currently used composite indices. Findings show that despite its shortcomings, the KOFGI is the most popular index with sixty three percent of globalization studies citing it followed by ATK/FP as second most cited index. |
first_indexed | 2024-04-11T04:43:35Z |
format | Article |
id | doaj.art-98f24b03b8a9496ca31ddfb2c6d7be4e |
institution | Directory Open Access Journal |
issn | 2286-0452 |
language | English |
last_indexed | 2024-04-11T04:43:35Z |
publishDate | 2022-12-01 |
publisher | Romanian Foundation for Business Intelligence |
record_format | Article |
series | Cross-Cultural Management Journal |
spelling | doaj.art-98f24b03b8a9496ca31ddfb2c6d7be4e2022-12-27T17:00:16ZengRomanian Foundation for Business IntelligenceCross-Cultural Management Journal2286-04522022-12-01XXIV2121142cmj:y2022:i2:p121-142MEASURING THE IMPACT OF GLOBALIZATION ON COUNTRIES USING COMPOSITE INDEXESMuhammad Rizwan HUSSAIN0 University of Debrecen, Károly Ihrig, Doctoral School of Management and Business Consumers, regulators, government institutions, and the media are all directly affected by globalization. Globalization is a recognized economic phenomenon that is often seen as a catalyst for national economic growth and development. The economy, politics, and society have become more intertwined in the last two decades. A trend in one part of the world quickly influences development in other parts. The COVID-19 epidemic is an excellent example of this interdependence. The purpose of this study is to systematically review the literature which deals with the study of composite indices measuring globalization and its impact. This is accomplished by collecting and classifying 65 peer-reviewed publications, primarily from Scopus, Web of Science, and Science Direct, and augmented by a search of existing databases and bibliographies. This review elaborates on the six widely cited globalization indexes. The study will contribute to existing literature and theories by documenting and comparing currently used composite indices. Findings show that despite its shortcomings, the KOFGI is the most popular index with sixty three percent of globalization studies citing it followed by ATK/FP as second most cited index. http://seaopenresearch.eu/Journals/articles/CMJ2022_I2_5.pdf globalization indexeconomic globalizationkof globalization index (kofgi)technological globalizationsocial and political globalizationernst & young’s annual globalization index |
spellingShingle | Muhammad Rizwan HUSSAIN MEASURING THE IMPACT OF GLOBALIZATION ON COUNTRIES USING COMPOSITE INDEXES Cross-Cultural Management Journal globalization index economic globalization kof globalization index (kofgi) technological globalization social and political globalization ernst & young’s annual globalization index |
title | MEASURING THE IMPACT OF GLOBALIZATION ON COUNTRIES USING COMPOSITE INDEXES |
title_full | MEASURING THE IMPACT OF GLOBALIZATION ON COUNTRIES USING COMPOSITE INDEXES |
title_fullStr | MEASURING THE IMPACT OF GLOBALIZATION ON COUNTRIES USING COMPOSITE INDEXES |
title_full_unstemmed | MEASURING THE IMPACT OF GLOBALIZATION ON COUNTRIES USING COMPOSITE INDEXES |
title_short | MEASURING THE IMPACT OF GLOBALIZATION ON COUNTRIES USING COMPOSITE INDEXES |
title_sort | measuring the impact of globalization on countries using composite indexes |
topic | globalization index economic globalization kof globalization index (kofgi) technological globalization social and political globalization ernst & young’s annual globalization index |
url |
http://seaopenresearch.eu/Journals/articles/CMJ2022_I2_5.pdf
|
work_keys_str_mv | AT muhammadrizwanhussain measuringtheimpactofglobalizationoncountriesusingcompositeindexes |