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FactCheck: Is Ireland actually the world's "most globalised" country?

FactCheck looks into a claim that has been doing the rounds online in recent days.

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YOU MAY HAVE seen a chart being shared online over the last week or so, appearing to show Ireland at the very top of a list of the world’s “most globalised” nations.

The chart was produced by the World Economic Forum in an article last week, and has been doing the rounds since.

So is it true?

(Remember, if you see a bold claim about Ireland’s standing in the world, email factcheck@thejournal.ie or tweet @TJ_FactCheck).

Claim: Ireland is the most globalised country in the world
Verdict: UNPROVEN

  • That chart was based on the 2015 rankings and its data has been superseded
  • According to the 2016 list, we rank second in the world, behind the Netherlands
  • The rankings always refer to three years previously, so we won’t know where Ireland ranks in 2016, until 2019.

The Facts

The rankings derive from the KOF economic research institute at ETH Zurich, a Swiss university.

Their annual Globalisation Index consists of three main planks – economic, social and political globalisation.

  • They measure economic globalisation based on factors like foreign direct investment (FDI) as a percentage of GDP, trade as a percentage of GDP, as well as trade barriers like tariffs and taxes. It accounts for 36% of the overall Globalisation Index
  • They measure social globalisation based on factors like tourism, foreign population, information flow (rates of internet, TV and newspaper usage), and certain cultural markers like the number of McDonald’s and Ikea outlets per capita. It accounts for 37% of the overall Globalisation Index
  • They measure political globalisation based on factors like each country’s number of embassies, number of international treaties, and membership of international organisations. It makes up 27% of the overall Globalisation Index.

In the 2015 report, Ireland ranked first in the world, but based on data from 2012.

In the 2016 report, Ireland ranked second, behind the Netherlands. Similarly, this was based on data from 2013.

Furthermore, the 2016 report contains updated and revised data for previous years, such that the figures now show Ireland ranking second to the Netherlands in 2012 as well as 2013.

In any case, here’s how “globalised” Ireland has been from 1970 up to 2013, according to the most up-to-date KOF Globalisation Index data. Lower rankings indicate higher degrees of globalisation:

For a full-size version of this chart, click here For a full-size version of this chart, click here

And to put that in proper perspective, here’s our ranking to the scale of 207 countries, the number analysed in the index.

For a full-size version of this chart, click here For a full-size version of this chart, click here

Conclusion

We know that the most recent data available from the KOF Globalisation Index places Ireland second, which would direct us heavily towards a verdict of “False”.

However, the question of whether Ireland is now the world’s most globalised country, at least according to the KOF Index, remains unanswered.

Using the 2015 index as proof that we are ranked first is very flawed, since we have in the meantime had the 2016 index, which placed us second, and the data for 2012 has since been revised, placing us second that year as well.

However, we may currently be the world’s most globalised country, although we won’t know until 2019, when the index for 2016 is published.

For this reason alone, we rate the claim Unproven.

Send your FactCheck requests to factcheck@thejournal.ie

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37 Comments
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    Mute Leitrim303
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    Jun 9th 2018, 6:09 PM

    I cannot understand why this project has not been started already. Surly a loan can be sought from the European investment bank. This will be a money making entity once it is operational so it will be paid back over time

    184
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    Mute J M Raw
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    Jun 9th 2018, 7:27 PM

    @Leitrim303: very few public transport systems make a profit so I doubt it would make much money

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    Mute Tom Shine
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    Jun 9th 2018, 10:58 PM

    @J M Raw: m50 toll is profit on profit with more profit on top.

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    Mute J M Raw
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    Jun 10th 2018, 2:01 AM

    @Tom Shine: M50 is a road. Public transport systems are buses, trams, metro etc.

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    Mute SC
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    Jun 10th 2018, 10:02 AM

    @J M Raw: the dart runs at a profit. Some regional services don’t. Anyway, it’s an investment into getting workers to work which has other benefits for the economy.

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    Mute Dj
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    Jun 9th 2018, 6:21 PM

    Alternate headline..”Dublin office building rejected by An Board Pleanala because it would interfere with Dart Underground station which won’t be built because it was rejected funding by Dublin City Council”..All that’s missing is some Benny Hill music.

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    Mute Michael Powell
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    Jun 9th 2018, 7:19 PM

    @Dj: ha ha is that actually true.

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    Mute Tom Shine
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    Jun 9th 2018, 11:17 PM

    @Dj: Benny hill music if not all ready Dublin City Council theme tune it should be.

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    Mute Dotty Dunleary
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    Jun 9th 2018, 6:58 PM

    By the time this Metro is built most of us will be transported by Hearse!

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    Mute RJ.Fallon
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    Jun 9th 2018, 6:07 PM

    Maltese company ???

    57
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    Mute John Ryan
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    Jun 9th 2018, 6:27 PM

    @RJ.Fallon: Looks like a shell set up in May 2016. No websites and address is a building with euphmistically entitled businesses such as PDK investments and LT Textile Holding Limited. Considering no publication in Ireland is willing to name the owners of the company Id say it’s probably safe to say it’s “he who cannot be named”.. and I don’t mean Voldemort…

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    Mute David Dickson
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    Jun 9th 2018, 6:43 PM

    @John Ryan: well then it is a nice report.

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    Mute Patrick J. O'Rourke
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    Jun 9th 2018, 7:16 PM

    @John Ryan: I take it you mean the scruffy little elf who looks after Harry Potter?

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    Mute John Ryan
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    Jun 9th 2018, 7:35 PM

    @Patrick J. O’Rourke: I have no comment to make as I really can’t afford a High Court case right now (or ever). ;-)

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    Mute John Ryan
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    Jun 9th 2018, 7:37 PM

    @Patrick J. O’Rourke: I could be entirely worng of course but it looks like likely.

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    Mute RJ.Fallon
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    Jun 9th 2018, 7:42 PM

    @John Ryan: Thanks for that info, it puts a perspective on it.

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    Mute The Girl
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    Jun 9th 2018, 6:07 PM

    Ok. Will we ever get underground metro system in this country?

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    Mute P.J. Nolan
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    Jun 9th 2018, 6:09 PM

    @The Girl:
    No.

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    Mute Lurfic
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    Jun 9th 2018, 6:10 PM

    @The Girl: I’d say our debt repayments over next few years will make it tough to fund.

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    Mute Tony Stack
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    Jun 9th 2018, 7:28 PM

    @Lurfic: Don’t you mean all the give away budgets will make it hard to fund?

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    Mute Leroy
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    Jun 9th 2018, 8:51 PM

    @Tony Stack: Give away?!…I think you mean give the back the people their hard earned cash which you so happened to thieve in the first instance!

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    Mute Derek Power
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    Jun 9th 2018, 6:18 PM

    So blocked by a project that they arent working on and never will…seems legit

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    Mute Fred Jonsen
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    Jun 9th 2018, 6:34 PM

    The maltese company should bring this to the high court. DART underground is still a figment of our imaginations. There’s plenty of other land and routes it could take. All development can’t be stopped just in case we do something 30 years from now. Ridiculous.

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    Mute John Ryan
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    Jun 9th 2018, 6:38 PM

    @Fred Jonsen: The Maltese company is also a figment of someone’s imagination. It exist only on paper.

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    Mute Stevie Doran
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    Jun 9th 2018, 6:57 PM

    Need a few brown envelopes lads

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    Mute Shane Zerbe
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    Jun 9th 2018, 9:49 PM

    The state should just buy the site at current market value …

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    Mute thesaltyurchin
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    Jun 9th 2018, 7:55 PM

    Someone come and take this place over again! Please!

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    Mute Native
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    Jun 9th 2018, 10:24 PM

    Brown envelopes must have been a little light.

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    Mute DeFonz
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    Jun 10th 2018, 7:45 AM

    Maltese Elf must receive compo from the Taxpayers.. here we go again..

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    Mute Eddie Mc Keown
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    Jun 10th 2018, 8:57 AM

    Make it part of the building (underground station hub)…

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    Mute Patrick Ellis
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    Jun 11th 2018, 11:14 AM

    Government have been buying property along this planned underground railroad for years, the wording used was neutralized ground, Next they will be looking to store all the human sludge/faeces from Dublin next to the airport…..

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