(Business in Cameroon) – The École Polytechnique
Fédérale de Zurich (EPFZ) publicly revealed, on 4 March 2016, its 2016
ranking of the most globalised countries in the world, which reflects
the level of economic, social and political globalisation in 192
countries throughout the world. Cameroon takes the 151st spot in the
world, and 38th in Africa.
In the CEMAC area, Cameroon is preceded by Gabon
(112nd worldwide and 14th in Africa) and the Republic of Congo (134th
worldwide and 25th in Africa). The three other CEMAC countries being
Chad (170th worldwide and 44th in Africa), the Central African Republic
(47th in Africa and 175th worldwide) and Equatorial Guinea (52nd in
Africa and 190th worldwide) are among the last 10 of this ranking
dominated in Africa by Morocco, Mauritius and South Africa; and by the
Netherlands, Ireland and Belgium at the world level.
According to the authors, the economic aspect of
the globalisation in this ranking takes into account criteria such as
the importance of trade, investments and cross-border income against the
gross domestic product (GDP), as well as the impact of trade barriers
and restrictions on flow of capitals.
The social dimension of globalization, we
learned, is here measured based on personal cross-border contacts in the
form of telephone calls and post mail; tourist flows and the importance
of resident foreign population; the flows of cross-border information
from internet, television and foreign press; as well as exports and
imports of books against the GDP.
The political dimension of globalisation is
measured by the number of foreign embassies in a country, the number of
international organisations to which the country belongs, the number of
UN peace missions to which the country contributed and the number of
bilateral and multilateral agreements signed by the country since 1945.
SOURCE:BUSINESS NEWS
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