Measuring Impediments to Freedom: Property Rights and Trade Barriers

This event from the UK think tank IEA is the UK launch of the 2019 International Property Rights Index and the first edition of the International Trade Barrier Index, both produced by Property Rights Alliance.

The International Property Rights Index (IPRI) is the first annual publication of the Property Rights Alliance. The IPRI scores the underlining institutions of a strong property rights regime: the legal and political environment, physical property rights, and intellectual property rights. It is the world’s only index entirely dedicated to the measurement of legal and political environment, intellectual and physical property rights. Covering 129 countries the 2019 IPRI reports on the property rights systems affecting 98 percent of world Gross Domestic Product and 94 percent of world population.

The International Trade Barrier Index (TBI) was created to compliment the IPRI, both serving as barometers of essential freedoms for market economies. The TBI was created to focus the trade discourse on the very barriers that impede free-exchanges as opposed to political or metric based policies that are irrelevant to individuals.  The TBI covers 86 countries and measures the three most direct barriers to trade: Tariffs, Non-Tariff Measures, and Services Restrictions. A fourth component, Facilitation, captures elements necessary to allow international trade to occur.

Guest Speaker: Lorenzo Montanari and Philip Thompson

Moderator: Prof. Syed Kamall, Director of Research at the IEA

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