Has the world economy reached its globalization limit?
Data Analysis, Statistics and Probability
2012-09-04 v1 Physics and Society
General Finance
Abstract
The economy globalization measure problem is discussed. Four macroeconomic indices of twenty among the "richest" countries are examined. Four types of "distances" are calculated.Two types of networks are next constructed for each distance measure definition. It is shown that the globalization process can be best characterised by an entropy measure, based on entropy Manhattan distance. It is observed that a globalization maximum was reached in the interval 1970-2000. More recently a deglobalization process is observed.
Keywords
Cite
@article{arxiv.0910.3695,
title = {Has the world economy reached its globalization limit?},
author = {Janusz Miskiewicz and Marcel Ausloos},
journal= {arXiv preprint arXiv:0910.3695},
year = {2012}
}
Comments
Presented at THIC & APFA7 Submitted to Physica A