The alpine nation came fifth in a globalisation
index that ranks countries based on trade flows and cross-border
information sharing, as well as international political engagement. The
Netherlands topped the globalisation index - produced by the KOF Swiss
Economic Institute at Zurich’s Federal Institute of Technology (ETHZ) -
followed by Ireland, Belgium and Austria. The index measures the extent
of economic, social and political globalisation in 2014 to calculate the
final ranking. Switzerland did well in the social globalisation
category, occupying second place behind Singapore. The high proportion
of foreign residents (24.3%) contributed to the country’s good
performance. It also did well in terms of political globalisation,
where it came tenth out of 197 countries thanks to its active
involvement in international organisations, treaties and United Nations
peace missions. However, in the area of economic globalisation
Switzerland could only manage 22nd place, ...
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