General Globalisation Revision 5 Flashcards
(28 cards)
What does the KOF Index measure?
Globalisation of countries for political, economic, and social indicators.
On a scale from 1 to 100, what does a score of 100 represent in the KOF Index?
The most globalised nation.
What is the weighting of the political factors in the KOF Index?
39% weighting on overall score.
What are three political indicators used in the KOF Index?
- Membership of international organisations and trade blocs
- Number of foreign embassies located in the country
- Participation in international treaties
What is the economic weighting in the KOF Index?
37% weighting on overall score.
What are two economic indicators in the KOF Index?
- Distance flow of goods and services
- Flows of FDI
What does the AT Kearney Index measure?
Globalised cities based on political, communication, technology, and economic factors.
Name two components of economic integration in the AT Kearney Index.
- Imports and exports
- FDI
What type of personal contact indicators are included in the AT Kearney Index?
- Telephone traffic
- Travel and tourism
- Remittances
List two technological activity indicators in the AT Kearney Index.
- Internet users
- Secure servers
What is GNI (Gross National Income)?
The value of goods and services produced by a country, including overseas earnings.
What does PPP (Purchasing Power Parity) reflect?
The expenditure of a country’s population and the cost of living.
What does income per capita measure?
The mean average income per person in a country.
What is GDP (Gross Domestic Product)?
The total value of goods and services produced in a country.
True or False: GDP includes informal earnings or black market economies.
False.
Fill in the blank: The KOF Index measures globalisation for _______ indicators.
[political, economic, and social]
What is the simplest measure of wealth and productivity?
Simple measures based on a single factor.
What does GDP stand for?
Gross Domestic Product
GDP is measured in US dollars and can vary with exchange rates.
What are the four main economic sectors considered in the Economic Sector Balance?
- Primary
- Secondary
- Tertiary
- Quaternary
The Economic Sector Balance describes the composition of a country’s industry.
According to the Clarke-Fisher Model, what happens to primary industries as a country develops?
They usually decline and their earnings reduce
Secondary and tertiary industries become more important.
What does the Gender Inequality Index (GII) measure?
Female participation and treatment within society
It considers reproductive health, empowerment, and employment.
Name three components considered in the Human Development Index (HDI).
- Life expectancy
- Wealth (GDP per capita)
- Education (Literacy levels and average years in education)
HDI is a measure of social development.
What does TNC stand for?
Transnational Corporation
TNCs operate across multiple countries.
How do TNCs contribute to globalization?
They provide products, produce jobs, invest in countries, and contribute to cultures
TNCs can have political influence by pressuring countries for favorable conditions.
