🌐 International standards influence global markets far more than most people realize. 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝𝐬 𝐧𝐨𝐰 𝐚𝐟𝐟𝐞𝐜𝐭 𝟗𝟎% 𝐨𝐟 𝐠𝐥𝐨𝐛𝐚𝐥 𝐭𝐫𝐚𝐝𝐞, compared with just 15% in the late 1990s. One standard alone — the shipping container — boosted global trade more than all major trade agreements of the last 60 years. Yet many developing countries still lack the capability to participate in shaping these rules, even as compliance costs rise. ⁠ ⁠ 📑 The 𝘞𝘰𝘳𝘭𝘥 𝘋𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵 𝘙𝘦𝘱𝘰𝘳𝘵 2025: 𝘚𝘵𝘢𝘯𝘥𝘢𝘳𝘥𝘴 𝘧𝘰𝘳 𝘋𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵 provides the first comprehensive analysis of the landscape of global standards, and shows how countries can strengthen institutions, build quality infrastructure, and engage more effectively in global standard-setting. ⁠ ⁠ 👉🏼 Download the report: worldbank.org/wdr2025/standards [LINK IN BIO] ⁠ #globalstandards #internationalstandards #economicgrowth #globaleconomy #globaltrade