This paper examines the impact of globalization on economic growth using a new index of globalization that covers three dimensions: economic integration, social integration, and political integration. The study analyzes panel data from 123 countries over the period 1970-2000 to determine whether the overall index of globalization and its sub-indices affect economic growth. The results show that globalization, particularly in terms of actual economic flows and restrictions in developed countries, promotes economic growth. Information flows also positively influence growth, while political integration has no significant effect. The paper contributes to the literature by providing an empirical analysis of the overall effects of globalization on growth, addressing the limitations of previous cross-sectional studies. The findings suggest that countries that are more globally integrated tend to experience higher growth rates, contrary to the beliefs of critics who argue that globalization leads to increased poverty.This paper examines the impact of globalization on economic growth using a new index of globalization that covers three dimensions: economic integration, social integration, and political integration. The study analyzes panel data from 123 countries over the period 1970-2000 to determine whether the overall index of globalization and its sub-indices affect economic growth. The results show that globalization, particularly in terms of actual economic flows and restrictions in developed countries, promotes economic growth. Information flows also positively influence growth, while political integration has no significant effect. The paper contributes to the literature by providing an empirical analysis of the overall effects of globalization on growth, addressing the limitations of previous cross-sectional studies. The findings suggest that countries that are more globally integrated tend to experience higher growth rates, contrary to the beliefs of critics who argue that globalization leads to increased poverty.