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Measuring Globalisation: OECD Economic Globalisation Indicators 2010

image of Measuring Globalisation: OECD Economic Globalisation Indicators 2010

This second edition of the OECD Economic Globalisation Indicators presents a broad range of indicators showing the magnitude and intensity of globalisation. This process is becoming increasingly important for policymakers and other analysts, hence the need for a volume that brings together the existing measures, based on national data sources and comparable across countries. Together, the indicators shed new light on financial, technological and trade interdependencies within OECD and non-OECD countries.

Measures of globalisation include indicators on capital movements and foreign direct investments, international trade, the economic activity of multinational firms and the internationalisation of technology. In addition, the 2010 edition also includes indicators linked to the current financial crisis, portfolio investments, environmental aspects and the emergence of global value chains.

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Geographical distribution of shares of export of goods (cont.)

Between 2000 and 2007, some OECD countries lost large shares of exports to India: Belgium (from 12.1% to 6.0%), the United Kingdom (from 11.8% to 4.8%) and Japan (from 9.4% to 5.1%). In contrast, China’s export shares increased from 5.9% in 2000 to 19.7% in 2007. This trend illustrates the growing “southsouth” trade that is gradually replacing traditional trade links.

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