Who profits most from globalization? Policy Brief #2014/01

Petersen, Thieß and Böhmer, Michael and Weisser, Johannes (2014) Who profits most from globalization? Policy Brief #2014/01. [Policy Paper]

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Abstract

Globalization, understood as the economic, political and social interconnection of countries, leads to increased economic growth. On average, the more a country proceeds its interconnection with the rest of the world, the greater its economic growth will be. If real per capita gross domestic product (GDP) is chosen as the reference index for the economic benefits of globalization, Finland can point to the largest gain from globalization from 1990 to 2011. Ranked according to this perspective, Germany holds fourth place out of a total of 42 economies evaluated.

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