Global Connectedness Index 2016

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According to Global Connectedness Index 2016, India dropped 16 spots to 78 from 62 in 11 years to 2015. India’s 16-place drop was the 2nd worst change among its neighbours in central & south Asia. Georgia fared the best by moving up 43 spots to 56 while Sri Lanka was the worst, dropping 19 spots to 86. The index takes into account international flows of trade, capital, information & people.

The Global Connectedness Index 2016, the fourth since it was first released in 2011, prepared by Pankaj Ghemawat and Steven A. Altman (both teach management at New York University Stern School of Business, US), was released on November 15, 2016.

 

Measured by international flows of trade, capital, information and people, the index ranked India poorly among a group of comparable countries that included its neighbours in central and south Asia, and BRICS members (Brazil, Russia, China and South Africa). The authors slotted India in the central and south Asia group along with Georgia, Turkey, Nepal, Pakistan, Armenia, Uzbekistan, Kazakhstan, Bangladesh, Azerbaijan, Kyrgyz Republic and Sri Lanka.

The index measures the parameters on depth and breadth. Depth evaluates the extent to which countries’ international flows are distributed globally or more narrowly focused, while breadth compares countries’ international flows to the sizes of their domestic economies.