Trade negotiators can now quantify how much other countries subsidize their industries

The World Bank has compiled a new dataset listing government subsidies around the world. This data makes it easier for trade negotiators to see which countries give unfair advantages to their companies.

Quantifying government subsidies across different countries has always been difficult. This new dataset from the World Bank makes it easier to compare how much support various industries receive. It means trade negotiators have a clearer picture of which countries might be giving their companies an unfair edge in global markets.