Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their economic health and prospects for the future. Wealth accounts allow countries to take stock of their assets to monitor the sustainability of development, an urgent concern today for all countries. The Changing Wealth of Nations 2018: Building a Sustainable Future covers national wealth for 141 countries over 20 years (1995–2014) as the sum of produced capital, 19 types of natural capital, net foreign assets, and human capital overall as well as by gender and type of employment. Great progress has been made in estimating wealth since the fi rst volume, Where Is the Wealth of Nations? Measuring Capital for the 21st Century, was published in 2006. New data substantially improve estimates of natural capital, and, for the first time, human capital is measured by using household surveys to estimate lifetime earnings. The Changing Wealth of Nations 2018 begins with a review of global and regional trends in wealth over the past two decades and provides examples of how wealth accounts can be used for the analysis of development patterns. Several chapters discuss the new work on human capital and its application in development policy. The book then tackles elements of natural capital that are not yet fully incorporated in the wealth accounts: air pollution, marine fisheries, and ecosystems. This book targets policy makers but will engage anyone committed to building a sustainable future for the planet.

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Yes, you can access The Changing Wealth of Nations 2018 by Glenn-Marie Lange, Quentin Wodon, Kevin Carey in PDF and/or ePUB format, as well as other popular books in Economics & Sustainable Development. We have over one million books available in our catalogue for you to explore.

Information

Publisher

World Bank

Year

2018

ISBN

9781464810466

Topic

Economics

Subtopic

Sustainable Development

Index

Economics

Front Cover
Contents
Foreword
Acknowledgments
Abbreviations
Executive Summary
Chapter 1 Estimating the Wealth of Nations
Chapter 2 Richer or Poorer? Global and Regional Trends in Wealth from 1995 to 2014
Chapter 3 Wealth Accounts, Adjusted Net Saving, and Diversified Development in Resource-Rich African Countries
Chapter 4 Expanding Measures of Productivity to Include Natural Capital
Chapter 5 The Carbon Wealth of Nations: From Rents to Risks
Chapter 6 Human Capital and the Wealth of Nations: Global Estimates and Trends
Chapter 7 Gains in Human Capital Wealth: What Growth Models Tell Us
Chapter 8 Intangible Capital as the Engine for Development in Morocco
Chapter 9 Air Pollution: Impact on Human Health and Wealth
Chapter 10 Subsidies Reduce Marine Fisheries Wealth
Chapter 11 Remote Sensing and Modeling to Fill the Gap in “Missing” Natural Capital
Appendix A Summary of Methodology and Data Sources
Appendix B Per Capita Wealth for 2014
Boxes
Figures
Maps
Tables