Xinhua News Agency

Sweden named world leader in globalization

Xinhua News Agency | February 16, 2006 | Copyright

Sweden named world leader in globalization

STOCKHOLM, Feb. 16 (Xinhua) -- A new Swiss study has named Sweden the world's most globalized economy outside the United States, the Swedish government network reported on Thursday.

The Swiss Institute for Business Cycle Research (KOF) said the U.S. and Sweden were the top two countries for globalization, followed by Canada and the UK.

The Zurich-based institute compiled a globalization index to measure the economic, social and political dimensions of globalization in 123 countries from 1970 to 2003.

The index was…

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