Standardisation helps to generate more predictable and conducive environments for economic activity, supporting competitiveness and the uptake of good practices by organisations.
At a conference held in Geneva to discuss the World Bank Report, Javier García Díaz, Director General of UNE and as Vice-President of the International Organisation for Standardisation (ISO), addressed the role of standards as tools which help mitigate uncertainty and enhance consistency in complex economic and regulatory environments.
Technical standards furnish common frameworks which build trust, foster efficiency and help to ensure markets operate more smoothly. They also enable organisations to systematically take on board technical and organisational requirements, thus improving predictability in decision-making.
This is how standardisation is gaining ground as a means of supporting efforts to tackle current economic challenges by delivering clear, shared benchmarks which bolster market stability and performance.
