The Hamilton Index of Advanced-Industry Performance: Data Visualization Tool
Seven strategically important industries. Sixty-six countries. Twenty-four years’ worth of value-added output data. This interactive visualization tool benchmarks national performance both in nominal U.S. dollars and relative to national shares of global GDP, an industry-concentration ratio known as a location quotient (LQ).
Growing the innovation economy requires tight and deep integration of global markets—but with the critical caveat that this integration must come with strong commitments to openness and robust, market-oriented national competitiveness policies, not protectionist market distortions. ITIF's research focuses on how to promote robust trade, especially in innovation-based industries, and curb the spread of innovation mercantilism in all its forms.
June 30, 2022
Comments to Australia’s Department of the Prime Minister and Cabinet Regarding the National Data Security Action Plan
Including data localization in its National Data Strategy would be a critical misstep that would undermine what Australia is otherwise working to achieve at home and globally in terms of digital policy.
June 24, 2022
Postmortem on a Pyrrhic Victory for IP Foes at the WTO
The WTO’s approval of a TRIPS waiver for IP related to COVID-19 vaccines is essentially a shotgun blast completely missing the broadside of a barn.
June 17, 2022
In the Global Battle Over Data Flows, Data Liberals Must Fight Back Against Data Nationalists and Interventionists
Nations embracing data liberalism, especially Australia, Japan, New Zealand, Singapore, the United Kingdom, and the United States, should work collectively to develop new rules to support data flows and more forcefully resist efforts to limit data flows.
June 13, 2022
Fact of the Week: Foreign-Produced Content of Chinese Exports Fell From 21.9 Percent in 2008 to 17.2 Percent in 2018
The fall in the value-added of foreign inputs as a share of China’s gross exports reflects an increased reliance on domestic production of intermediate goods and services and a shift toward production for domestic consumption.
June 8, 2022
The Hamilton Index: Assessing National Performance in the Competition for Advanced Industries
Compared to major competitors, U.S. output in key advanced industries is weak and declining. Congress and the administration should launch an economic “moon shot” initiative committing to increase the concentration of these industries in the U.S. economy by at least 20 percentage points relative to the global average within a decade.
May 19, 2022
Health Data Governance and Localization
On May 19, 2022, Nigel Cory gave a presentation on “Health Data Governance and Localization” to the Healthcare Leadership Council’s (HLC) Confidentiality Coalition.
May 10, 2022
France’s “Sovereignty Requirements” for Cybersecurity Services Violate WTO Trade Law and Undermine Transatlantic Digital Trade and Cybersecurity Cooperation
On March 8, 2022, France enacted updated “sovereignty requirements” as part of a new cybersecurity certification and labeling program known as SecNumCloud. This post analyses how these restrictions breach both France and the European Union’s (EU) commitments under the World Trade Organization’s General Agreement on Trade in Services (GATS), especially as it relates to national treatment, most-favored-nation (MFN), and market access. It also analyzes the implications for transatlantic digital trade and cooperation, including at the Trade and Technology Council (TTC).
May 3, 2022
Brazil’s Innovative Use of Electronic Invoices for Trade and Economic Analysis: Highlighting the Barriers and Bridges to Data Sharing and Data-Driven Trade and Economic Policy
Brazil’s innovative use of electronic invoices (EIs) to provide granular, monthly analysis of domestic economic and foreign trade activity provides a case study for how countries need to put in place the legal and administrative framework, plus the skills, to allow this type of data sharing and analysis. However, analysis of EIs to show domestic production and imports of critical COVID-19 products, and as part of negotiations at the World Trade Organization, show the value of building this data collection and analysis capability.
April 21, 2022
Korea Should Participate in Proposed Indo-Pacific Economic Framework
The United States and Korea could align collaborative international development aid/assistance, development finance support, and export credit initiatives to encourage nations to select digital technologies, solutions, and platforms from vendors in like-minded nations.
April 14, 2022
Testimony to the US-China Economic and Security Review Commission on Innovation, Technology, and Intellectual Property
There’s a battle being fought now for the soul of the global trade and economic system; it’s imperative that like-minded nations collaborate to emerge victorious in it.