Episode 34 Can Standards Make—or Break—Firms and Services?
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Episode 34 Can Standards Make—or Break—Firms and Services?
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About this listen
47% fewer fatalities—just by using a simple surgical checklist. In this second episode of the World Development Report 2025: Standards for Development (WDR25) mini series, we explore how standards can make—or break—firms and the delivery of essential services. Drawing on Chapters 4 and 5 of the WDR25 report, we examine how the rise of technical regulations—now covering nearly 90% of global trade—has reshaped opportunities for firms while creating costly barriers.
The episode also shows how the same standards shape health and education outcomes—from checklists that reduce fatalities to adaptive teaching models that double learning gains. We highlight how countries can lower compliance costs through domestic quality infrastructure and alignment, while adopting phased, process-oriented standards to expand access and improve service delivery. Generated with AI using wondercraft.ai and guided by our experts.
Read more at https://www.worldbank.org/en/publication/wdr2025