Globalization
One index of globalization is the "KOF Index of Globalization", which measures three important dimensions of globalization: economic, social, and political. Another is the A.T. Kearney / Foreign Policy Magazine Globalization Index.
Measurements of economic globalization typically focus on variables such as trade, Foreign Direct Investment (FDI), Gross Domestic Product (GDP), portfolio investment, and income. However, newer indices attempt to measure globalization in more general terms, including variables related to political, social, cultural, and even environmental aspects of globalization.
Dimensions of globalization
Globalization operates on a cross-cutting "ideological dimension" filled with a range of norms, claims, beliefs, and narratives about the phenomenon itself. According to Steger, there are three main types of globalisms (ideologies that endow the concept of globalization with particular values and meanings): market globalism, justice globalism, and religious globalisms. Steger defines them as follows:These ideologies of globalization (or globalisms) then relate to broader imaginaries and ontologies.