Global economic integration or regionalization —Analysis to trend of globalization
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    Abstract:

    Economic globalization has caught the high attention of all nations worldwide. It is a research focus to forecast the trend of economic globalization. Many researchers measure the degree of globalization with the indexes2 dependence on foreign trade and foreign capital . These indexes do not embody the essential of globalization. In view of the deficiency , we build the index of GDP linkage to analyze the process and trend of globalization. Furthermore , with this index , we finished the empirical analysis. Finally , we conclude : 1) the regionalization is the major ten2 dency around the world ; 2) the degree of among all economic regions is weakened so far.

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