Measuring National Income and Growth in Resource-Rich, Income-Poor Countries
In the decade leading to the recent commodity boom, which peaked in 2007-08, several resource-rich, low-income countries displayed high rates of gross domestic product (GDP) growth while social indicators did not improve significantly. It is well k...
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2010/08/12696614/measuring-national-income-growth-resource-rich-income-poor-countries http://hdl.handle.net/10986/10165 |
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okr-10986-101652021-04-23T14:02:49Z Measuring National Income and Growth in Resource-Rich, Income-Poor Countries Hamilton, Kirk Ley, Eduardo ACCOUNTING AGRICULTURAL LAND AGRICULTURE ASSETS AVERAGE GROWTH RATES CAPITAL ACCUMULATION CAPITAL INVESTMENTS CAPITAL STOCK CASH FLOW COMMODITY CONSUMPTION EXPENDITURE DAMAGES DEBT DEPRECIATION OF ASSETS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC PRODUCT ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC PROGRESS ECONOMICS RESEARCH EMPLOYMENT ENVIRONMENTAL DEGRADATION FINANCIAL ASSETS FISCAL POLICIES FISCAL POLICY FIXED CAPITAL FOREIGN ASSETS FOREIGN INVESTMENT FOREIGN SAVINGS GDP GROSS NATIONAL SAVINGS GROWTH RATES HUMAN CAPITAL INCOME LEVELS INCOMES INTANGIBLE INVESTMENT MANAGEMENT LOW-INCOME COUNTRIES MACROECONOMIC POLICIES MIDDLE-INCOME COUNTRIES MISMANAGEMENT NATIONAL INCOME NATURAL CAPITAL NATURAL RESOURCE NATURAL RESOURCES NET FOREIGN ASSETS NET SAVINGS OPERATING EXPENDITURES PER CAPITA INCOME POLLUTION PRODUCTIVITY PUBLIC INVESTMENT PUBLIC INVESTMENT PROGRAMS REAL GDP RENTS SAVINGS SAVINGS RATES SOCIAL WELFARE SUSTAINABLE DEVELOPMENT SUSTAINABLE GROWTH TAXATION TECHNOLOGICAL CHANGE VIRTUOUS CYCLE VOLATILITY WAGES WEALTH WEALTH CREATION WORLD DEVELOPMENT INDICATORS In the decade leading to the recent commodity boom, which peaked in 2007-08, several resource-rich, low-income countries displayed high rates of gross domestic product (GDP) growth while social indicators did not improve significantly. It is well known that, in itself, the widely tracked GDP may not be the most relevant summary of aggregate economic performance in all places at all times. This note suggests that for countries with significant exhaustible natural resources and important foreign-investor presence, adjusted net national income (aNNI), can usefully complement GDP to assess economic progress. 2012-08-13T10:36:29Z 2012-08-13T10:36:29Z 2010-08 http://documents.worldbank.org/curated/en/2010/08/12696614/measuring-national-income-growth-resource-rich-income-poor-countries http://hdl.handle.net/10986/10165 English Economic Premise; No. 28 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
| repository_type |
Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
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World Bank |
| language |
English |
| topic |
ACCOUNTING AGRICULTURAL LAND AGRICULTURE ASSETS AVERAGE GROWTH RATES CAPITAL ACCUMULATION CAPITAL INVESTMENTS CAPITAL STOCK CASH FLOW COMMODITY CONSUMPTION EXPENDITURE DAMAGES DEBT DEPRECIATION OF ASSETS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC PRODUCT ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC PROGRESS ECONOMICS RESEARCH EMPLOYMENT ENVIRONMENTAL DEGRADATION FINANCIAL ASSETS FISCAL POLICIES FISCAL POLICY FIXED CAPITAL FOREIGN ASSETS FOREIGN INVESTMENT FOREIGN SAVINGS GDP GROSS NATIONAL SAVINGS GROWTH RATES HUMAN CAPITAL INCOME LEVELS INCOMES INTANGIBLE INVESTMENT MANAGEMENT LOW-INCOME COUNTRIES MACROECONOMIC POLICIES MIDDLE-INCOME COUNTRIES MISMANAGEMENT NATIONAL INCOME NATURAL CAPITAL NATURAL RESOURCE NATURAL RESOURCES NET FOREIGN ASSETS NET SAVINGS OPERATING EXPENDITURES PER CAPITA INCOME POLLUTION PRODUCTIVITY PUBLIC INVESTMENT PUBLIC INVESTMENT PROGRAMS REAL GDP RENTS SAVINGS SAVINGS RATES SOCIAL WELFARE SUSTAINABLE DEVELOPMENT SUSTAINABLE GROWTH TAXATION TECHNOLOGICAL CHANGE VIRTUOUS CYCLE VOLATILITY WAGES WEALTH WEALTH CREATION WORLD DEVELOPMENT INDICATORS |
| spellingShingle |
ACCOUNTING AGRICULTURAL LAND AGRICULTURE ASSETS AVERAGE GROWTH RATES CAPITAL ACCUMULATION CAPITAL INVESTMENTS CAPITAL STOCK CASH FLOW COMMODITY CONSUMPTION EXPENDITURE DAMAGES DEBT DEPRECIATION OF ASSETS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC PRODUCT ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC PROGRESS ECONOMICS RESEARCH EMPLOYMENT ENVIRONMENTAL DEGRADATION FINANCIAL ASSETS FISCAL POLICIES FISCAL POLICY FIXED CAPITAL FOREIGN ASSETS FOREIGN INVESTMENT FOREIGN SAVINGS GDP GROSS NATIONAL SAVINGS GROWTH RATES HUMAN CAPITAL INCOME LEVELS INCOMES INTANGIBLE INVESTMENT MANAGEMENT LOW-INCOME COUNTRIES MACROECONOMIC POLICIES MIDDLE-INCOME COUNTRIES MISMANAGEMENT NATIONAL INCOME NATURAL CAPITAL NATURAL RESOURCE NATURAL RESOURCES NET FOREIGN ASSETS NET SAVINGS OPERATING EXPENDITURES PER CAPITA INCOME POLLUTION PRODUCTIVITY PUBLIC INVESTMENT PUBLIC INVESTMENT PROGRAMS REAL GDP RENTS SAVINGS SAVINGS RATES SOCIAL WELFARE SUSTAINABLE DEVELOPMENT SUSTAINABLE GROWTH TAXATION TECHNOLOGICAL CHANGE VIRTUOUS CYCLE VOLATILITY WAGES WEALTH WEALTH CREATION WORLD DEVELOPMENT INDICATORS Hamilton, Kirk Ley, Eduardo Measuring National Income and Growth in Resource-Rich, Income-Poor Countries |
| relation |
Economic Premise; No. 28 |
| description |
In the decade leading to the recent
commodity boom, which peaked in 2007-08, several
resource-rich, low-income countries displayed high rates of
gross domestic product (GDP) growth while social indicators
did not improve significantly. It is well known that, in
itself, the widely tracked GDP may not be the most relevant
summary of aggregate economic performance in all places at
all times. This note suggests that for countries with
significant exhaustible natural resources and important
foreign-investor presence, adjusted net national income
(aNNI), can usefully complement GDP to assess economic progress. |
| format |
Publications & Research :: Brief |
| author |
Hamilton, Kirk Ley, Eduardo |
| author_facet |
Hamilton, Kirk Ley, Eduardo |
| author_sort |
Hamilton, Kirk |
| title |
Measuring National Income and Growth in Resource-Rich, Income-Poor Countries |
| title_short |
Measuring National Income and Growth in Resource-Rich, Income-Poor Countries |
| title_full |
Measuring National Income and Growth in Resource-Rich, Income-Poor Countries |
| title_fullStr |
Measuring National Income and Growth in Resource-Rich, Income-Poor Countries |
| title_full_unstemmed |
Measuring National Income and Growth in Resource-Rich, Income-Poor Countries |
| title_sort |
measuring national income and growth in resource-rich, income-poor countries |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2010/08/12696614/measuring-national-income-growth-resource-rich-income-poor-countries http://hdl.handle.net/10986/10165 |
| _version_ |
1764412090087374848 |