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NEW BUSINESS - EXPORT TODAY 1/2016

GLOBALISATION ranks fourth. This is a remarkable position, considering the country’s size, because it signals a certain political signifi cance, as the foreign trade expert at the Institute for Business Cycle Research (KOF) Florian Hälig points out. It is measured by categories like the number of foreign embassies in a country, the number of international organisations of which the respective country is a member, the number of UN peacekeeping missions the country took part in, and the number of bilateral and multilateral 42 JUNE 2016 agreements concluded since 1945. Italy tops this list, followed by France and Belgium. THE ECONOMIC DIMENSION OF GLOBALISATION Small, open economies top the ranking when it Winners of globalisation The time for building walls is over. As a small and open economy, Austria is one of the clear winners of globalisation.


NEW BUSINESS - EXPORT TODAY 1/2016
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