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About this book
It is now clear that a narrow focus on the growth of gross domestic product (GDP) is insufficient to achieve humanity's aspirations for sustainable prosperity. Well-functioning ecosystems and educated populations are requisites for sustainable well-being. These and other too-often-neglected ingredients of national wealth must be addressed if the development path is to be sustainable. 'The Changing Wealth of Nations 2021: Managing Assets for the Future' provides the most comprehensive accounting of the wealth of nations, an in-depth analysis of the evolution of wealth, and pathways to build wealth for the future. This report--and the accompanying global database--firmly establishes comprehensive wealth as a measure of sustainability and a key component of country analytics. It expands the coverage of wealth accounts and improves our understanding of the quality of all assets, notably, natural capital. Wealth--the stock of produced, natural, and human capital--is measured as the sum of assets that yield a stream of benefits over time. Changes in the wealth of nations matter because they reflect the change in countries' assets that underpin future income. Countries regularly track GDP as an indicator of their economic progress, but not wealth, and national wealth has a more direct and long-term impact on people's lives. This report provides a new set of tools and analysis to help policy makers navigate risks and to guide collective action. Wealth accounts can be applied in macroeconomic analysis to areas of major policy concern such as climate change and natural resource management. This report can be used to look beyond GDP, to gauge nations' economic well-being, and to promote sustainable prosperity.
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Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access The Changing Wealth of Nations 2021 by World Bank in PDF and/or ePUB format, as well as other popular books in Biological Sciences & Development Economics. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Cover
- Half Title
- Title Page
- Copyright Page
- Contents
- Foreword
- Acknowledgments
- About the Editors and Authors
- Summary for Policy Makers
- Abbreviations
- Executive Summary
- Part I. Global, Regional, and Country Trends in Wealth, 1995–2018
- Part II. Measuring Comprehensive Wealth: New Work on Natural Capital and Human Capital
- Part III. Applying Wealth Accounts for Policy Analysis
- Part IV. New Developments in Measuring Wealth
- Appendix A. Summary of Methodology and Data Sources
- Appendix B. Per Capita Wealth for 2018
- ECO-AUDIT. Environmental Benefits Statement
- Back Cover