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.
Now, at the beginning of 2021, the book has taken on an unforeseen and deeply relevant significance. It has provided 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 has provided the one tool that can help rebuild a post-pandemic global economy into a fairer, safer world. Input–output (IO) analysis was recognized by the United Nations as the tool needed to help rebuild shattered national economies after WWII. MRIO is now the very tool that can help rebuild a post-pandemic global economy.
Edited by prominent researchers in the field, Joy Murray, Anne Owen, Moana Simas, and Arunima Malik, the book is designed to appeal to a broad academic, business, and government audience. The 34 country chapters together build an unprecedented picture of global consumption, illustrating the power of MRIO to reveal social, environmental, and economic interdependencies and hence provide a tool to help plan for a post-pandemic fairer world.
- Provides a triple bottom line analysis of 34 country economies using data from the Eora MRIO database
- Includes contributions from almost 60 researchers from across the globe
- Is illustrated by graphs and tables and accompanied by a comprehensive reference list in every chapter