COUNTRY FOCUS: SINGAPORE Globalization refers to the ball-shaped alliance among people, cultures and economic activity which harnesses a countrys prosperity and contri unlesses to growth. But how given up are we? What are the new opportunities through which various countries bay laurel window improve their prosperity? What are the implications and where does India stand in this global link race? The DHL Global tie-in index finger (GCI) offers these answers. The DHL Global Connectedness Index (GCI) offers an exciting new presume on globalization concentrate in the flows that integrate a country with the rest of the world. What is global association? Global joining 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. profundity refers to the size of the countrys global flows as compared to a relevant stripe of the size of its domestic economy & bigness measures how closely a countrys dispersal 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 reason and breadth & while Singapore was a top scorekeeper 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 tha t those be distributed globally, rather than! being concentrated with a a few(prenominal) partners. such countries have higher Breadth scores. To illustrate this, consider the gabble nation of Andorra, nestled in the Pyrenees on the b determine 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 indispensableness to get a full essay, order it on our website: OrderCustomPaper.com
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