The International Chamber of Commerce has launched the ICC Open Markets Index, ranking countries by order of openness to international trade and investment, aiming to provide reliable information assessing country-by-country openness to trade. The study’s key finding is countries still have much work to do to improve the openness of their economies. The G20 in particular, must do much more to match public rhetoric with genuine global leadership in developing open economies. The research project to develop the index was funded by the ICC Research Foundation.
The ICC Research Foundation (ICCRF) was established to commission independent research that contributes to public knowledge, education and debate on the benefits of global trade and investment.
Latest Research & News
Calls for a more inclusive globalization have become more frequent, but only few concrete proposals have been put forward. The objective of this WTO-ILO joint project, supported by the Foundation, is to contribute to the elaboration of relevant policy proposals for socially sustainable globalization. The papers in the volume analyse the various channels through which globalization affects jobs and wages and examine whether and how trade and employment policies should be accommodated to make globalization socially sustainable.
The ICC Research Foundation supported this Peterson Institute project to evaluate trade and employment policy responses of the recession which began in 2007-08. The project focused on the countries that were most severely affected by the 2008 recession, and which experienced the largest decline in global trade and labour markets, and the biggest deterioration of government fiscal positions.
This collection of expert essays was commissioned by the International Chamber of Commerce Research Foundation and published by Cambridge University Press. It features contributions from over 50 of the world’s leading thinkers in global trade and related issues. The authors make a compelling case that a robust, fair, rules-based multilateral global trade system not only helps economies achieve growth, but also reduces international conflict and tension.
