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Internet and the use of data for
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Methodology
F
OREIGN
P
OLICY
produces the Globalization Index in collaboration with
A.T. Kearney's Global Business Policy Council
.
The Council is a strategic service of the management consultancy A.T. Kearney, an eds company. The A.T.
Kearney/F
OREIGN
P
OLICY
Magazine Globalization Index
TM
encompasses several key indicators: Globalization in
goods and services is measured through the share of international trade (exports of goods and services
plus imports of goods
and services) in gross domestic product (
GDP
), as well as the convergence of domestic prices and world prices. Financial
globalization is measured through income payments and receipts, the inflow and outflow of foreign direct
investment, and the
inflow and outflow of portfolio capital, all measured as a share of
GDP
. The globalization of personal contact is measured
with international tourists and travelers as a share of population, minutes of incoming and outgoing
international telephone
calls per capita, and transfer payments and receipts as a share of gdp. Finally, three elements comprise
the Internet
connectivity indicator—the number of Internet users, the number of Internet hosts, and the number of
secure servers, all
measured on per capita basis.
The most recent available data were collected from a number of international sources, including the
World Bank's World
Development Indicators 2000 (Washington: World Bank, 2000), the International Monetary Fund's International
Financial Statistics Yearbook (Washington: International Monetary Fund, 2000), the International
Telecommunication
Union's Yearbook of Statistics 2000 (Geneva: International Telecommunication Union, 2000),
and the Secure Server
Survey, available online from Netcraft.
In "Life is Unfair: Inequality in the World"(F
OREIGN
P
OLICY
, Summer 1998), Nancy Birdsall examines why income
inequality is on the rise worldwide and offers suggestions on what nations can—and cannot—do about it.
Dani Rodrik's Has
Globalization Gone Too Far? (Washington: Institute for International Economics, 1997) warns
that the new global
economy generates a race to the bottom in labor standards. Daniel W. Drezner argues that there is no
evidence to support a
global race to the bottom in "Bottom Feeders" (F
OREIGN
P
OLICY
, November/December 2000). David Dollar and Aart
Kraay cite extensive data to challenge the notion that economic growth exacerbates income inequality
in "Growth Is Good
for the Poor" (Washington: World Bank, 2000).
"The State of the Internet 2000," a report published by the United States Internet
Council and available online, notes the
strong trend toward the development of non-English-language Web sites and offers a comprehensive overview
of emerging
Internet markets in Europe, Africa, Asia, and the Pacific Rim. Manuel CastellsŐs "Information
Technology and Global
Capitalism" in Will Hutton and Anthony Giddens, eds. On the Edge: Living with Global Capitalism
(London: Jonathan
Cape, 2000) offers a philosophical perspective on how information technology has enabled forms of capitalism
that are truly
global. In "Think Again: The Internet" (F
OREIGN
P
OLICY
, Summer 1999), Andrew L. Shapiro warns that, without
careful regulation, digital technology may devastate low-income communities and eliminate personal privacy.
Anthony Giddens's Runaway World: How Globalization is Reshaping Our Lives (London: Profile
Books, 1999)
argues that the battleground of the globalized 21st century will pit fundamentalism against cosmopolitan
tolerance. David
RothkopfŐs "In Praise of Cultural Imperialism?" (F
OREIGN
P
OLICY
, Summer 1997) suggests that the world will be a
better place thanks to the spread of U.S. culture.
» See document: http://www.foreignpolicy.com/issue_janfeb_2001/atkearneywtkm.html
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