Measuring Globalisation: Trade and Financial Flows

What this note covers

1. What Is Globalisation and Why Do We Measure It?
2. Measuring Trade Flows: Volume, Value, and Direction
3. Foreign Direct Investment Flows as a Measure of Globalisation
4. International Financial Flows: Portfolio Investment and the Capital Account
5. The Role of the World Trade Organization (WTO)
6. Limitations of Globalisation Indicators
7. Trends and Applied Context: Australia in a Globalised Economy

7 sections · 14 key terms & formulas · 6 common mistakes