What is it about?
The paper offers an application of Social Network Analysis empirical techniques to international trade data since WWII. Is proposes a globalisation index based on graph theory and discusses the links between network analysis and the gravity model of international trade.
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Why is it important?
The paper is one of the firs applications of Social Network Analysis to international trade.
Perspectives
The use of Network Analysis to international trade data has become so widespread that international institutions such as the World Bank are also making the network visualisation of international trade as a tool for analysis. Many more things can be done in an interconnected world .
Prof. Luca De Benedictis
Universita degli Studi di Macerata
Read the Original
This page is a summary of: The World Trade Network, World Economy, August 2011, Wiley, DOI: 10.1111/j.1467-9701.2011.01360.x.
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