Hello again, and welcome to this next series of visualizations. In this one, we're going to map the world in terms of globalization. Now, there're several indices available, but the one we've chosen is made by the Swiss Economic Institute in Zurich, that is known under its German's initials of KOF. This latest version was released in April 2014 and provides data for 2011. Now, the index is what we call a composite index. This is made up of three components: economic, social, and political. This kind of index always brings problems. Do we really want these three components lumped together? Do we want them weighted in this way? Are we happy with the individual elements that make it up? Now for this reason, we're going to focus on only one part of the index. Since in this course we can only handle the economic components of globalization, it's here that we're going to concentrate. Now, the economic globalization index has two components weighted equally. Half deals with international economic transactions and a half with restrictions. I could quibble with some of the measures and the weightings. For example, I find it strange that trade should be less than a quarter of the actual flows, but come for over half of the restrictions. But basically, I can live with the index as it stands. The index is listed from 100 to 0. Hundred is the most globalized. The gradients fairly even except for the extreme top and the extreme bottom, which means that there are probably going to be overlaps where the decimals cross, but it's unlikely that countries will jump more than one category. So which are the most globalized countries? Well, Singapore comes out on top followed by Ireland and the Netherlands. They're also eight more medium-size European states. In order, Belgium, Hungary Finland, Austria, Sweden, Slovakia, Portugal, the Czech Republic, and Denmark. The next decile sees a much wider geographical distribution. Europe still contributes five countries. But elsewhere, there's Malaysia, New Zealand, Australia, Canada, and Peru. The third decile seizes widespread continue. But now Italy and France make an appearance. Now let's move down quickly. Don't forget you can also slow down the presentation or even pause at a part of the map you find more interesting. The forth decile still very diverse. The fifth decile continues this diversity. But we're now halfway through. It's only in the next decile, we'll find the United States. The seventh decile sees Russia and Brazil. The eight sees the appearance of both China and Japan. The last two segments see India, Pakistan, and Bangladesh as well as Argentina. The Palau, Ethiopia, and Burundi closed list as least globalized states. I don't know about you, but for me, this was the least predictable of the maps we've seen so far. The details of the data we've used are in the database that accompanies this course and we've also included the results of the social and political sub indices, but take a very careful look at their composition before you use them too confidently.