<p>What metric captures the historic level of economic cooperation between countries? Something that would capture:</p>
<ol>
<li>USA outsourcing its manufacturing to China (positive).</li>
<li>Creation/expansion of European Union (positive).</li>
<li>Brexit (negative).</li>
<li>Covid lockdowns (negative).</li>
<li>Trump and tariffs (negative).</li>
<li>Protectionsim of 1930s (negative).</li>
<li>World Wars (negative)</li>
</ol>
<p>Thanks!</p>

CC BY-SA 4.0
2022-05-18T14:03:32.107Z
If this is about trade in goods and services, then measuring this as a percentage of world GDP is a possible indicator (though things can go wrong if countries unite or split, and different population growth can also be a factor)  E.g. https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS
Henry
CC BY-SA 4.0
2022-05-18T14:11:21.763Z
@Henry, I literally just stumbled up this as well whilst browsing through the "Our World in Data", it is called the Openness index. Pretty neat.
spacemonkey
CC BY-SA 4.0
2022-05-18T14:26:00.520Z
For individual countries, it is more complicated as larger countries tend to have a smaller number since they can sell to themselves
Henry
<international-trade>
Index of international economic cooperation
spacemonkey
# Index of international economic cooperation

(Asked by: username_0 on 2022-05-18)

What metric captures the historic level of economic cooperation between countries? Something that would capture:

1. USA outsourcing its manufacturing to China (positive).
2. Creation/expansion of European Union (positive).
3. Brexit (negative).
4. Covid lockdowns (negative).
5. Trump and tariffs (negative).
6. Protectionsim of 1930s (negative).
7. World Wars (negative)

Thanks!

**Tags:** international-trade
> **Comments:**
> **username_1**: If this is about trade in goods and services, then measuring this as a percentage of world GDP is a possible indicator (though things can go wrong if countries unite or split, and different population growth can also be a factor)  E.g. https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS  
> **username_0**: @Henry, I literally just stumbled up this as well whilst browsing through the "Our World in Data", it is called the Openness index. Pretty neat.  
> **username_1**: For individual countries, it is more complicated as larger countries tend to have a smaller number since they can sell to themselves  

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## 0 answers

