The Responsible Competitiveness Index is the result of eighteen months work including consultations with the World Bank, the World Economic Forum, and the European Commission. It considers corporate responsibility alongside traditional factors affecting a country’s economic competitiveness, and provides a sound basis for understanding the correlation between national competitiveness and corporate responsibility.
The Index identifies 22 countries notably two of the world’s largest economic powers, the USA and China, as having a ‘responsibility deficit’. Macroeconomic growth in these countries could be compromised by as much as 10% once the effects of Corporate Responsibility are factored in.