Trade policy—whether in the form of tariffs, free trade agreements, or targeted quotas—has always been a lever with far-reaching consequences. Policymakers know this, of course. The challenge isn’t so much in appreciating the complexity as in making sense of it—quantifying winners, losers, and unintended consequences. In this regard, the International Standard Industrial Classification (ISIC) system […]
Export promotion is often viewed as both art and science—a complex blend of relationship-building, market intelligence, incentives, and trade facilitation. But measuring the real impact of these efforts requires a sharper, more objective lens. Increasingly, export promotion agencies are turning to the International Standard Industrial Classification (ISIC) system as the backbone of their performance measurement […]
The business of corporate tax auditing is, at its heart, a balancing act—ensuring compliance without stifling entrepreneurship, targeting evasion without wasting resources on compliant firms. In this delicate equation, the International Standard Industrial Classification (ISIC) system has emerged as an unexpectedly powerful tool for tax authorities around the world. By linking company activity to standardized […]