A Contribution to the Measurement and Analysis of the Globalization of National Economies
A Contribution to the Measurement and Analysis of the Globalization of National Economies

Summary/Abstract: This paper introduces a multi-criteria method for measuring the globalization of national economies with the intention of establishing and thoroughly studying a country's position and potential for international integration. It is based on some of the advantages of the analytic hierarchy process methodology. By utilizing the traditional theory of comparative advantages, the new theory of competitive advantages, the theory of international production and some adequate empirical studies, we have developed a theoretical framework and set up a hierarchical model of relevant indicators for measuring and analyzing the globalization of national economies. Additionally, this paper offers solutions for restructuring the hierarchy of the model to consider data for all included indicators. The positions and potentials of national economies – especially the Croatian one – were researched in different international environments that are interesting for international integration

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