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Notes on Statistics
There have been few attempts to measure the extent of internationalization or globalization. Internationalization is vast a concept to be fully captured by today's still limited set of statistical measurements.
IMD, Institute for Management Development, a Switzerland-based independent not-for-profit foundation compile the World Competitiveness Yearbook, the evaluation, analyses and rankings of 46 countries in the world. The IMD-WCY (http://www.imd.ch/wcy/wcy_online.html) analyzes and list rankings in 8 areas: domestic economy, internationalization, government, finance, infrastructure, management, science and technology and people. The summary ranking is then produced as a weighted average of these eight sub-rankings.
A.T. Kearney/FOREIGN POLICY Magazine Globalization Index TM, which offers a comprehensive guide to globalization in 50 developed countries and key emerging markets worldwide. The Globalization Index "reverse-engineers" globalization and breaks it down into its most important component parts. On a country-by-country basis, it quantifies the level of personal contact across national borders by combining data on international travel, international phone calls, and cross-border remittances and other transfers. It charts the World Wide Web by assessing not only its growing number of users, but also the number of Internet hosts and secure servers through which they communicate, find information, and conduct business transactions.
Most of this work has been done for advanced countries and most of the APEC economies are not included in such studies. Hence internationalization indicators are being developed.