Summary of The Hinrich Foundation Sustainable Trade Index

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Global trade is essential to furthering economic well-being. But if free trade is to sustainably deliver benefits to all, it must also support a healthy environment and improve social capital. In this accessible report, the Economist Intelligence Unit outlines how, despite growing protectionist sentiment in the West, countries in Asia continue to expand and extend their trading relationships with the rest of the world. getAbstract suggests this astute study to trade executives and experts.

In this summary, you will learn

  • What three areas contribute to ensuring sustainable trade,
  • How the United States and 19 countries in Asia fared in the 2018 Hinrich Foundation Sustainable Trade Index, and
  • How nations have progressed and regressed in the index between 2016 and 2018.
 

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

 

Summary

In a climate increasingly hostile to the rules-based system that has governed global trade for decades, Asia continues to embrace the practice. Indeed, its consummation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in early 2018 – after the United States jettisoned its participation in an earlier iteration of the pact – speaks to the value that countries in the region place on multilateral trade. 

The 2018 Hinrich Foundation Sustainable Trade Index ranked 19 Asian countries and the United States on 24 measures of trade practices across “three pillars”: 1) economic...


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