The 2019 Global Mercantilist Index

November 18, 2019

The Global Mercantilist Index, ranking 60 nations on 18 variables ranging from market access and forced localization to currency manipulation and intellectual property protections, finds that China is the world’s most innovation-mercantilist nation.

As countries increasingly vie to both achieve the highest levels of innovation-based economic growth and attract, grow, and scale innovative enterprises and industries, a growing number have turned to “innovation mercantilist” policies that seek to grow nations’ innovation-based firms and industries through policies such as local production requirements, export subsidies, weak intellectual property (IP) protection, discrimination against foreign firms, economy-specific technical requirements, and data localization requirements. These policies harm both other nations and global innovation writ large. As such, they demand a coherent and bold response from free-trading nations and multilateral trade and development organizations.

Source: 
Information Technology & Innovation Foundation