This paper presents an index of globalization covering its three main dimensions: economic integration, social integration, and political integration. Using panel data for 123 countries from 1970 to 2000, it analyzes whether the overall globalization index and its sub-indexes affect economic growth. The results show that globalization promotes growth, with economic integration being most robustly related to growth. Information flows also promote growth, while political integration has no effect. The paper develops a globalization index combining 23 variables into three sub-indexes using statistical methods. The index is then used to analyze the relationship between globalization and economic growth. The results show that higher globalization is associated with higher economic growth. The effects of globalization on growth are robust, with economic integration and information flows being particularly significant. The paper concludes that globalization is beneficial for growth, with more globalized countries experiencing higher growth rates. The findings suggest that globalization is good for growth, especially in terms of economic integration and the absence of trade and capital restrictions in developed countries. The paper also notes that cross-border information flows promote growth. The results are robust to various tests and analyses, including the inclusion of additional variables and different estimation methods. The paper concludes that globalization is beneficial for growth, and that countries that globalize more tend to experience higher growth rates.This paper presents an index of globalization covering its three main dimensions: economic integration, social integration, and political integration. Using panel data for 123 countries from 1970 to 2000, it analyzes whether the overall globalization index and its sub-indexes affect economic growth. The results show that globalization promotes growth, with economic integration being most robustly related to growth. Information flows also promote growth, while political integration has no effect. The paper develops a globalization index combining 23 variables into three sub-indexes using statistical methods. The index is then used to analyze the relationship between globalization and economic growth. The results show that higher globalization is associated with higher economic growth. The effects of globalization on growth are robust, with economic integration and information flows being particularly significant. The paper concludes that globalization is beneficial for growth, with more globalized countries experiencing higher growth rates. The findings suggest that globalization is good for growth, especially in terms of economic integration and the absence of trade and capital restrictions in developed countries. The paper also notes that cross-border information flows promote growth. The results are robust to various tests and analyses, including the inclusion of additional variables and different estimation methods. The paper concludes that globalization is beneficial for growth, and that countries that globalize more tend to experience higher growth rates.