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This book adds a whole new dimension to the editors' previous work on the social, economic, and environmental effects of global trade. For the first time it brings all three pillars of sustainability together into one coherent multiregional input-output (MRIO) framework. It shows the power of MRIO analysis to illuminate the local and global interdependencies of economic, environmental, and social systems and the benefits to be gained through analysing all three together. Change one thing and everything else changes. With chapters from around 60 researchers across 34 countries, this book illustrates the effect of natural resources and government policy settings 1990-2015 on the balancing act that was-and is-global trade. It provides a holistic systems' view of how supply chains work, revealing how easily they can become fragmented and out of kilter. And within all the chaos of COVID-19 it shows how MRIO is the one tool that can help rebuild a post-pandemic global economy into a fairer, safer world.
The inclusion of qualitative social data into global environmental and economic input-output (IO) models remained illusive for many years. It was not until around 2013 that researchers found ways to include data, for example, on poverty, inequality, and worker safety, into IO models capable of tracing global supply chains. The sustainable development goals have now propelled this work onto the world stage with some urgency. They have shone a spotlight onto social conditions around the world and brought global trade into the frame for its ability to influence social conditions for good or ill. This book provides a compilation of groundbreaking work on social indicators from the most prominent IO research groups from a wide range of academic backgrounds and from around the world. In addition, it frames this work in the real world of politics, human rights, and business, bringing together a multidisciplinary team to demonstrate the power of IO to illuminate some of the world's most pressing problems. Edited by well-known researchers in the area, Joy Murray, Arunima Malik, and Arne Geschke, the book is designed to appeal to a broad academic and business audience. While many chapters include technical details and references for follow-up reading, it is possible to omit those sections and yet gain a deep appreciation of the power of IO to address seemingly intractable problems.
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