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Question

Match List I with List II.

List I (A.T. Kearney Globalization Index)

List II (Variables)

A.

Economic Integration

I.

International Tourism and Travel

B.

Personal Integration 

II.

Internet users

C.

Technological Integration

III.

Foreign Direct Investment

D.

Political Integration

IV.

Ratification and multilateral treaties


Choose the correct answer from the options given below: 

The correct answer is A - III, B - I, C - II, D - IV

Understanding the A.T. Kearney Globalization Index and its Variables

The question asks us to match the different dimensions of the A.T. Kearney Globalization Index with the specific variables used to measure them. The A.T. Kearney Globalization Index is a composite index that ranks countries based on their level of global connectedness across several dimensions.

Let's look at each dimension and its corresponding variable based on the typical structure of globalization indices, including the A.T. Kearney Index:

  1. Economic Integration: This dimension measures the flow of goods, services, and capital across borders. Key indicators often include trade, foreign direct investment (FDI), and portfolio investment. Among the given options, Foreign Direct Investment (III) is a primary measure of economic integration.
  2. Personal Integration: This dimension assesses the extent of human contact and communication across borders. Variables often include international travel (tourism, business), remittances, and cross-border phone calls. International Tourism and Travel (I) is a direct measure of personal integration.
  3. Technological Integration: This dimension gauges the flow of information and ideas through technology. Indicators often involve internet usage, internet traffic, secure servers, and international patents. Internet users (II) is a variable used to represent technological integration.
  4. Political Integration: This dimension measures a country's engagement in global political processes and institutions. Indicators include membership in international organizations, participation in UN Security Council missions, and the ratification of multilateral treaties. Ratification of multilateral treaties (IV) is a key measure of political integration.

Based on this analysis, the correct matching is:

  • A. Economic Integration → III. Foreign Direct Investment
  • B. Personal Integration → I. International Tourism and Travel
  • C. Technological Integration → II. Internet users
  • D. Political Integration → IV. Ratification and multilateral treaties

Let's present this matching in a table format for clarity:

List I (A.T. Kearney Globalization Index) List II (Variables) Matching
A. Economic Integration III. Foreign Direct Investment A - III
B. Personal Integration I. International Tourism and Travel B - I
C. Technological Integration II. Internet users C - II
D. Political Integration IV. Ratification and multilateral treaties D - IV

Comparing this matching with the given options, we find that the combination A - III, B - I, C - II, D - IV correctly represents the relationship between the A.T. Kearney Globalization Index components and their corresponding variables.

Revision Table: A.T. Kearney Index Variables

Here's a quick table summarizing the correct pairings for revision:

Globalization Dimension Key Variable
Economic Integration Foreign Direct Investment
Personal Integration International Tourism and Travel
Technological Integration Internet users
Political Integration Ratification of multilateral treaties

Additional Information: Components of Globalization Indices

Globalization indices like the A.T. Kearney Globalization Index or the KOF Globalization Index aim to quantify the degree of interconnectedness of countries. While the exact variables and weightings may differ between indices, they generally cover similar dimensions:

  • Economic Globalization: Measures cross-border trade, investment flows (FDI, portfolio investment), and tariff rates.
  • Social/Personal Globalization: Covers personal contacts (tourism, migration, remittances, phone calls), information flows (internet usage, international mail), and cultural proximity (trade in cultural goods, presence of foreign cultural outlets).
  • Political Globalization: Assesses participation in international treaties and organizations, and the number of foreign embassies.

Understanding these broad categories helps in matching specific indicators to the relevant dimensions of globalization.

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Important Questions from Globalization and its drivers

  1. Globalization is the term used to describe process of removal of restriction on which one of the following ?

  2. In the context of globalization, ‘Levitt Thesis’ means

  3. Indicate the right sequence of the stages of internationalization :

    (i) Multinational Company

    (ii) Global Company

    (iii) Transnational Company

    (iv) International Company

    Codes :

  4. Assertion (A) : The USA remains the world’s largest FDI recipient country.

    Reason (R) : The global economic crisis of 2009, causes a reduction of global FDI flows took place to USA.

    Select the correct code :

    Codes :

  5. Which of the following is not ensured to the consumer in the globalization ?

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