Shanker Singham writes for Brexit Central
The direction of travel of global regulation is negative. Countries are embracing more local content laws and regulations that force foreign firms to use local content if they want to trade. The Commonwealth nations can contribute in the following ways, by meeting before global meetings so that they can start to influence their various affinity groups in these meetings to achieve more liberalisation, pro-competitive regulation and property rights protection. They could also develop a trade barrier regulation mechanism to deal with internal barriers that they face from each other.
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Further IEA Reading: The IEA Brexit Prize: A Blueprint for Britain – Openness not Isolation ; Brexit Prize: Final shortlisted entries