India 2nd least globalised economy: Report
Is there something wrong in this Globalization Index for 2007 published by AT Kearney, or am I missing something?
The only country in the the top 20 in terms of population that figures in the list is the United States, with the exception of United Kingdom, the world’s 20th most populated country. Countries at the top of the population list (China, India) are way down in the GI.
The AT Kearney methodology is less well documented than another comparable one- that by KOF, though the latter results also follow the same pattern- the United States is ranked 19th and the United Kingdom and France make it to the top 20 ranked 4th and 6th respectively, but none of the other high population countries make it to the top 20 Globalization Index list.
The KOF index methodology is more detailed and some of the indicators included may help to understand the pattern- besides the count of the internet connections which in itself is reason enough to influence the results significantly, one of the measures used are the number of McDonalds outlets in a country!
As an additional cultural proximity we thus include the number of McDonald’s restaurants located in a country. For many people, the global spread of Mcdonald’s became a synonym for globalization itself. In a similar vein, we also use the number of Ikea per country. (page 2 of the methodology document)
GI Country Population Country Population
1 Singapore 1 China 1,315,840,000
2 Hong Kong 2 India 1,103,370,000
3 Netherlands 3 United States 298,210,000
4 Switzerland 4 Indonesia 222,780,000
5 Ireland 5 Brazil 186,400,000
6 Denmark 6 Pakistan 153,960,000
7 United States 7 Russian Federation 143,500,000
8 Canada 8 Bangladesh 141,820,000
9 Jordan 9 Nigeria 131,530,000
10 Estonia 10 Japan 128,080,000
11 Sweden 11 Mexico 107,030,000
12 United Kingdom 12 Vietnam 84,240,000
13 Australia 13 Philippines 84,210,000
14 Austria 14 Germany 82,690,000
15 Belgium 15 Egypt 74,030,000
16 New Zealand 16 Turkey 73,190,000
17 Norway 17 Iran 69,520,000
18 Finland 18 Thailand 64,230,000
19 Czech Republic 19 France 60,500,000
20 Slovenia 20 United Kingdom 59,670,000