COUNTRY FOCUS: SINGAPORE Globalization refers to the ball-shaped family relationship among people, cultures and economic activity which harnesses a countrys prosperity and contri simplyes to growth. But how accustomed are we? What are the new opportunities through which various countries alcove window improve their prosperity? What are the implications and where does India stand in this global link race? The DHL Global tie-in top executive (GCI) offers these answers. The DHL Global Connectedness Index (GCI) offers an exciting new subject on globalization concentrate in the flows that integrate a country with the rest of the world. What is global link? Global tie-in refers to the discernment and comprehensiveness of a countrys consolidation with the rest of the world, as manifested by its participation in global flow of products and services, capital, information, and people. reconditeness refers to the size of the countrys global flows as compared to a relevant poster of the size of its domestic economy & bigness measures how closely a countrys scattering of international flows across its partner countries matches the global distribution of the aforesaid(prenominal) type of flows. Where does Singapore stand? Overall Singapore ranks #2.
In overall ranking, GCI places equal weight on both judgment and breadth & while Singapore was a top scorer in depth with ranking # 2, it is less connected in terms of breadth at rank # 16. Global connectedness requires not completely that a country have a high proportion of international interactions, but also that those be distributed globally, rather ! than being concentrated with a a few(prenominal) partners. much(prenominal) countries have higher Breadth scores. To illustrate this, consider the niggling nation of Andorra, nestled in the Pyrenees on the b specify surrounded by France and Spain. Andorras trade-to-GDP ratio is roughly 100%, indicating a very high train of depth of connectedness; but 58% of its imports are from Spain and another 19% are from France. Andorras...If you indirect request to get a full essay, order it on our website: OrderCustomPaper.com
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