Increased trade with Africa improves the livelihoods of some of the world’s poorest people, but how does this weigh against the CO2 incurred in transporting goods from Africa to the UK?
Whilst quantifying the CO2 impact of transporting goods is relatively easy,the social benefits arising from increased trade are much harder to quantify –
How How do we measure the social benefits of trade?
Sequoia believe that the data published within the UN’s human development report provides a high level approach to quantifying the social benefits of trade – against an established set of welfare indicators. |
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