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Switzerland is globalization winner

In a new study performed for the Bertelsmann Foundation, Switzerland came out as the world champion in globalization. With the biggest growth in real GDP per capita between 1990 and 2016, the Alpine country reaps the greatest economic profits from global interconnectedness.

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The new study shows that industrialized countries benefit the most from increased globalization.

According to the Globalization Report 2018, carried out by Prognos AG for the Bertelsmann Foundation, industrialized countries benefit the most from increasing globalization and interconnectedness. The report measured international connectedness based on economic, political and social globalization indicators. The authors also analyzed the resulting increase in real gross domestic product (GDP) per capita between 1990 and 2016 across 42 nations.

Switzerland’s GDP per capital grew the most

While all countries experienced growth in GDP, the differences between the countries were enormous. Switzerland clearly came out as winner with its GDP per capita growing on average by  EUR 1,190 per year between 1990 and 2016. Switzerland is followed by Japan, Finland, Ireland and Isreal on the list. India came out at the bottom of the ranking. Among the top ten countries were also Germany, Denmark, Netherlands, Slovenia and South Korea.

The study is closely aligned with the KOF Index of Globalization, which was carried out by the Swiss Federal Institute of Technology (ETH) in Zurich at the beginning of the year. The KOF Index listed Switzerland as second-most globalized country in the world, with its strongest showing in the area of social globalization.

Switzerland regularly appears at the top of international rankings.

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