Search results

1 – 10 of over 19000
Article
Publication date: 4 November 2013

Julia Zinkina, Andrey Korotayev and Aleksey I. Andreev

The purpose of this paper is to encourage discussions regarding the existing approaches to globalization measurement (taking mainly the form of indices and rankings) and their…

3111

Abstract

Purpose

The purpose of this paper is to encourage discussions regarding the existing approaches to globalization measurement (taking mainly the form of indices and rankings) and their shortcomings in terms of applicability to developing Global Studies curricula. Another aim is to propose an outline for the globalization measurement methodology that would take a systemic approach to revealing the global flows (both their direction and content) and networks, which will allow the multidimensionality in globalization measurement crucial for proposing and verifying formal explanations and hypotheses, as well as for developing globalization forecasts.

Design/methodology/approach

Several methodologies for globalization measurements are compared in the paper, among the most important are variations of the index compilation methodology, and methods of network analysis.

Findings

For Global Studies curricula, globalization measurement tools much more complex than indices are needed. A possible solution could lie in the analysis of country-to-country flows (and networks which these flows form), which appears much more data- and effort-consuming than the methodologies behind the index compilation, will allow the elaboration of a systemic vision of globalization and the interactions between its various aspects, which should necessarily underlie the Global Studies curricula.

Research limitations/implications

The research concentrates upon the most widespread approaches to globalization measurements, such as the most widely recognized globalization indices, and the few attempts at country-to-country flows and networks measurement.

Originality/value

The paper's originality/value lies in proposing an outline for a new multidimensional approach to measuring globalization based upon country-to-country flows and networks.

Book part
Publication date: 25 May 2022

Sayantani Roy Choudhury

Globalization is a process of interaction and integration among the countries, their people, their businesses, and their governments. It is a change driven by international trade…

Abstract

Globalization is a process of interaction and integration among the countries, their people, their businesses, and their governments. It is a change driven by international trade, implemented by various policies and aided by modern technology. It has impacts on the environment, culture, political systems, economic development and prosperity, and human physical well-being in societies around the world. But there can be some negative impacts as well. One possible outcome of globalization of all sorts can be the income inequalities. Objective of this chapter is to search for any such connection. Gini coefficient, unemployment rate, Below Poverty Line (BPL) is taken to understand the extent of inequalities in different countries. Outcome shows some countries do not show any association between globalization and income inequalities; some do. Therefore, there are some other variables which influence the above relationship. This chapter tries to identify all such background factors. It reveals that factors like level of development, demographic structure, urbanization, adult and tertiary level of education and government expenditure share in higher education play important roles. All these have different magnitudes of impacts on change in income distribution due to the initial process of globalization.

Details

Globalization, Income Distribution and Sustainable Development
Type: Book
ISBN: 978-1-80117-870-9

Keywords

Open Access
Article
Publication date: 26 July 2023

Christos Kollias and Panayiotis Tzeremes

Using composite indices, the paper examines the nexus between militarization, globalization and liberal democracy. The democratic peace theory, the conflict inhibiting effects of…

Abstract

Purpose

Using composite indices, the paper examines the nexus between militarization, globalization and liberal democracy. The democratic peace theory, the conflict inhibiting effects of international trade – a key and dominant facet of globalization – and the democracy promoting globalization hypothesis form the theoretical underpinnings of the empirical investigation.

Design/methodology/approach

To probe into the issue at hand, the paper adopts a dynamic panel VAR estimation procedure. Given the usual data constraints, the sample consists of 113 countries, and the estimations span the period 1995–2019.

Findings

The findings from the dynamic panel VAR estimations suggest the presence of a negative and statistically significant nexus between the level of globalization and the level of militarization. No statistically traceable nexus between globalization and liberal democracy was found.

Research limitations/implications

The findings offer empirical support to the hypothesis that the strong links of interdependence shaped by globalization reduce the need for military preparedness. The results lead to a tentative inference in favor of the doux commerce thesis. Nonetheless, given that the estimations span a historically specific period – the entire post-bipolar era – the inferences that stem from the findings should be treated with caution.

Originality/value

To the best of the authors’ knowledge, the composite indices Bonn International Centre for Conflict Studies (BICC) militarization index, the globalization index of the Swiss Economic Institute (Konjunkturforschungsstelle) (KOF), LibDem, polyarchy have not hitherto been jointly used in previous studies to examine the nexus between militarization, globalization and liberal democracy.

Details

Review of Economics and Political Science, vol. 9 no. 1
Type: Research Article
ISSN: 2356-9980

Keywords

Book part
Publication date: 17 November 2011

Nancy R. Buchan and Gianluca Grimalda

We suggest that globalization, a process that fosters greater interdependence and mutual awareness among actors around the world in their economic, political, social, and cultural…

Abstract

We suggest that globalization, a process that fosters greater interdependence and mutual awareness among actors around the world in their economic, political, social, and cultural interactions, will also decrease the social distance among them and thus increase individuals' propensities to cooperate with distal others. We demonstrate in a multi-country public goods experiment that among the four domains of individual participation in globalization, economic participation in globalization has the least effect in prompting cooperation. Conversely, the other three domains of globalization have strong effects on individual cooperation, and this is robust to different specifications of the econometric model.

Details

Advances in Group Processes
Type: Book
ISBN: 978-0-85724-774-2

Article
Publication date: 5 October 2020

Panayiotis Tzeremes

This research analyzes, for the first time, the linkage among the gathered dataset of globalization indicators, the total factor productivity index and tourism development in a…

Abstract

Purpose

This research analyzes, for the first time, the linkage among the gathered dataset of globalization indicators, the total factor productivity index and tourism development in a panel of 25 European countries during the 1995–2016 period.

Design/methodology/approach

The Generalized Method of Moments estimator for panel Vector Autoregressive Regression model is implemented and as a robustness test, the panel Granger causality test is used.

Findings

The findings have divulged that globalization and total factor productivity increase tourism development. An increase in the economic globalization de factor indicator will cause an increase in tourism development in European countries. Moreover, an increase in the social globalization de jure indicator will lead to a higher level of tourism development in European countries.

Practical implications

Policy-makers should use the complementary association between globalization and international tourism to promote productivity in European countries. These countries can also utilize the tourism sector as a tool to enhance the connectivity of their economies and societies with other parts of the world.

Originality/value

We use for the first time the globalization index as proposed by Gygli et al. (2019) in the tourism discipline. We evaluate the total factor productivity index instead of the economic growth applied by the majority of the researchers and we employ for the first time in the tourism field the GMM–PVAR framework.

Details

Journal of Hospitality and Tourism Insights, vol. 4 no. 5
Type: Research Article
ISSN: 2514-9792

Keywords

Book part
Publication date: 24 July 2023

Luc Pauwels

Globalization, the ever-increasing worldwide flow of ideas, practices, and material objects resulting in increasing interdependency between people and nations across the globe…

Abstract

Globalization, the ever-increasing worldwide flow of ideas, practices, and material objects resulting in increasing interdependency between people and nations across the globe, has numerous interrelated economic, political, cultural, ideological, environmental, and technological facets.

In an effort to make the elusive and multifaceted concept of globalization more tangible and measurable, different instruments have been developed, usually in the form of “indexes” based on quantitative data. These indexes mainly result in rankings of individual cities as well as whole countries with respect to their supposed level of globalization. Some items of the existing indexes to measure the level of globalization of nation states or cities refer to phenomena that are to some extent visually observable, but many aspects and manifestations of globalization escape these rather crude operationalizations.

Visual approaches to globalization help to enrich and complement the more abstract and mainly quantitatively supported discourses around this multifaceted phenomenon. They may provide valid and unobtrusive ways to assess and understand the impact of culture and cultural exchange in the daily lives of inhabitants of cities around the world and add a unique “localized,” cross-cultural empirical perspective to the many divergent views and discussions about the presumed beneficial or detrimental nature of these processes. An ‘in situ’ visual approach to globalization may help to uncover the “real life” impact and the specific contexts of these processes at different locations. This chapter discusses different options for researching globalization and cultural change in cities.

Article
Publication date: 2 November 2020

Aman Takiyar and N.V.M. Rao

The purpose of this study is to examine the impact of globalization and its multiple dimensions on human rights in Sub-Saharan Africa.

1056

Abstract

Purpose

The purpose of this study is to examine the impact of globalization and its multiple dimensions on human rights in Sub-Saharan Africa.

Design/methodology/approach

The study extends the Poe and Tate (1994) model, which enumerates the various determinants of human rights. Ordered probit estimation is used to estimate the impact of globalization and its dimensions. For the purpose of empirical analysis, the period has been divided into three phases: short, medium and long term. This helps in understanding how the impact of the different dimensions of globalization has evolved over a period of time. Furthermore, analysis has been carried out to detect causality between human rights and globalization.

Findings

As per the results, overall globalization and social dimension of globalization do have a positive impact on human rights in long and medium term and, also, Granger-cause human rights. The political dimension of globalization has a positive relation with human rights, though there exists no causality between the two. On the other hand, the economic dimension of globalization fails to have a statistically significant impact on human rights. Impact of the social dimension of globalization dominates that of other dimensions of globalization.

Originality/value

This is one of the few studies that examine, in an empirical fashion, the impact of globalization on human rights in Sub-Saharan Africa.

Details

International Journal of Social Economics, vol. 47 no. 12
Type: Research Article
ISSN: 0306-8293

Keywords

Open Access
Article
Publication date: 4 December 2020

Hag-Min Kim, Ping Li and Yea Rim Lee

This study aims to investigate current deglobalization against globalization and to hypothesize reasons and drivers of deglobalization. In addition, the study suggests an…

31065

Abstract

Purpose

This study aims to investigate current deglobalization against globalization and to hypothesize reasons and drivers of deglobalization. In addition, the study suggests an empirical model to test whether deglobalization exists in the world economy. The consequences of deglobalization are discussed.

Design/methodology/approach

Various measures for deglobalization are introduced for monitoring the deglobalization of a country, and statistical measures are reported. The research framework for deglobalization and empirical models are suggested. The relationship between deglobalization and globalization is being modeled using three KOF globalization indexes: economic, political and societal. This study used panel data from 1970 to 2017 for developed and developing countries to determine the degree of deglobalization.

Findings

Deglobalization has been found empirically since the global financial crisis. Deglobalization is estimated by the decreasing trend of import share in a country's gross domestic product and is influenced by manufacturing imports, country's income divide and political globalization. Both economic and societal globalizations have negative influence on deglobalization. Deglobalization is more apparent in developed countries than in developing countries, and the deglobalization trend will continue in diverse formats.

Research limitations/implications

This study limits the use of few variables to test the antecedents of deglobalization. Another study can be done to extend preceding variables and estimate the consequences of deglobalization, which may segregate the globalization effect. The international business executive should understand the complexity of deglobalization and consider business benefits and risks to be encountered.

Originality/value

This study used panel data from 1970 to 2017 for developed and developing countries to determine the degree of deglobalization.

Details

International Trade, Politics and Development, vol. 4 no. 2
Type: Research Article
ISSN: 2586-3932

Keywords

Article
Publication date: 16 November 2021

Ribed Vianneca W Jubilee, Fakarudin Kamarudin, Ahmed Razman Abdul Latiff, Hafezali Iqbal Hussain and Nazratul Aina Mohamad Anwar

Globalisation has influenced many countries, over the last few decades with financial globalisation and liberalisation bringing regulatory reforms in the banking sector. Thus…

Abstract

Purpose

Globalisation has influenced many countries, over the last few decades with financial globalisation and liberalisation bringing regulatory reforms in the banking sector. Thus, this study aims to fill a gap in the literature by examining the influence of globalisation on Islamic and conventional bank productivity in Southeast Asia.

Design/methodology/approach

The sample comprised 155 banks (23 Islamic and 132 conventional) from 4 countries from 2008 to 2017. Panel data techniques will be used, together with data envelopment analysis (DEA)-based Malmquist productivity index (MPI), to investigate the impact of chosen main determinants on bank productivity. A panel regression analysis will be performed after generating the productivity index from the DEA-based MPI frontier.

Findings

According to the findings, Islamic banks are statistically significantly more productive than conventional banks, and the findings of the t-test are corroborated by the findings of nonparametric tests. Furthermore, the findings of the panel regression model reveal that bank specific factors and macroeconomic variables are significant determinants to bank productivity. Surprisingly, the findings also show that the influence of social globalisation elements tends to be negatively related to conventional bank productivity.

Originality/value

This study adds to the existing literature by bridging the globalisation gap in the productivity of the dual banking industry, particularly in the specific context of Southeast Asia, given that the area is representative of Islamic and finance globally.

Details

Asia-Pacific Journal of Business Administration, vol. 14 no. 4
Type: Research Article
ISSN: 1757-4323

Keywords

Book part
Publication date: 25 May 2022

Somnath Chattopadhyay and Suchismita Bose

The study constructs a composite indicator to rank macroeconomic performance of countries and a separate composite indicator to rank countries by inequality using the TOPSIS…

Abstract

The study constructs a composite indicator to rank macroeconomic performance of countries and a separate composite indicator to rank countries by inequality using the TOPSIS methodology of Multiple Criteria Decision-Making Analysis. The intuitive idea of TOPSIS is to formulate an ideal solution with respect to each individual policy variable; the relative rank of any country is then determined, using a suitable distance metric, such that the best performer simultaneously has the shortest distance from the ideal solution and the farthest distance from the non-ideal. It uses the composite indicator based rankings together with the KOF Globalization Index and sub-indices based rankings to examine the overall relationship between globalization and macroeconomic performance of countries and reduction in inequality; the impacts of trade and financial globalization for 1990–2018 across countries and groups of the globe. It shows that though highly correlated with growth, globalization may not necessarily lead to an improvement in overall macroeconomic performances of countries when one also takes into account unemployment and inflation. Economic globalization is seen here to mostly coincide with rise in income inequality. Observations also support the fact that countries, even if they are not highly integrated may reap sufficient benefits of globalization for macroeconomic performance and inequality diminution given supportive policies.

Details

Globalization, Income Distribution and Sustainable Development
Type: Book
ISBN: 978-1-80117-870-9

Keywords

1 – 10 of over 19000