Economic Development

The Hinrich Foundation Sustainable Trade Index 2018

June 26, 2010

Asia

June 26, 2010

Asia
Chris Clague

Managing editor Asia & Global editorial lead, Trade and globalisation

Chris Clague is managing editor in Asia for Economist Impact. He is an expert in international trade and trade policy and has also advised clients throughout the Asian region on the strategic implications of megatrends and political risk. He was a consultant in The Economist Group's Tokyo office and was the project leader and editor for the Economist Intelligence /Nikkei BP publication The World to 2050 (available in Japanese only). 

Prior to joining The Economist Group, he was a senior consultant and Director of China Operations for a boutique consulting firm that worked with governments and MNCs on issues related to international trade, investment, and commodities. 

Chris holds an MSc in Asian Politics from the London School of Oriental and African Studies (SOAS) and a certificate in International Trade Law and Economics from the World Trade Institute’s summer academy. He provides regular commentary on trade and the Japanese economy to international media.

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The 2018 Hinrich Foundation Sustainable Trade Index is an Economist Intelligence Unit index and benchmarking study commissioned by The Hinrich Foundation. This is the second edition of the study, which was first published in 2016. This report discusses the key findings of the index and the accompanying model.

The key message of the index is that although trade is an indispensable ingredient in economic development, it cannot be sustainably pursued without responsible environmental stewardship and a commitment to fully developing social capital. Countries that come up short on the environmental and social pillar will be unable to continue to trade successfully over the long term, become less attractive destinations for critically needed foreign direct investment (FDI), and be less able to secure funding and support from multilateral development agencies. The index thus serves as a proxy for each country’s progress in meeting the UN’s Sustainable Development Goals.

The index offers citizens, corporations, civil society and policymakers alike an opportunity to engage in discussions about the optimal ways to foster local development through sustainable global trade.

Download the report to learn more>>

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