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Belgium, Ireland and the Netherlands remain uncontested as the world’s most globalised countries according to the 2013 KOF Index of Globalisation by the Swiss Federal Institute of Technology Zurich (ETH). Luxembourg comes in 14th position out of 207 countries. There is good news for Luxembourg regarding economic globalisation.
The Grand Duchy landed the silver medal in the category of economic globalisation, behind top spot Singapore. Ireland and Malta come out third and fourth respectively; all four held their positions compared to last year. Again, the top countries in this category consist of small, open economies. Economic globalisation is characterised as long distance flows of goods, capital and services as well as the exchange of information and...
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