Purpose – To introduce the systemic approach towards measuring globalization of the economy that is based on the theory of systemic framework of national competitiveness and economic growth. Design/methodology/approach – Construction of a composite index of global economy by the principal...

Measuring globalization of economy has become a challenge for academic profession, international governmental organizations and advisory institutions in the last fifteen years. Various indicators and methodologies are subject of polemics that often reflect viewpoints of institutions and...