Using the KOF index of globalization that allows for the multidimensionality of the process, the paper sets out to examine the presence of convergence among countries in the three dimensions of the globalization process: economic, social, political. The sample used in the empirical investigation...

Purpose – The purpose of this paper is to investigate convergence or divergence trends at global scale. Design/methodology/approach – The paper questions the methodology and findings of the conventional convergence literature using linear OLS models. It introduces polynomial (quadratic)...