The Changing Wealth of Nations 2018 : Building a Sustainable Future

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 econo...

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Bibliographic Details
Main Authors:	Lange, Glenn-Marie, Wodon, Quentin, Carey, Kevin
Format:	Book
Language:	English
Published:	Washington, DC: World Bank 2017
Subjects:	WEALTH ASSETS CAPITAL COMPREHENSIVE WEALTH SUSTAINED DEVELOPMENT HUMAN CAPITAL RESOURCE USE LIFETIME EARNINGS APPROACH
Online Access:	http://hdl.handle.net/10986/29001

id	okr-10986-29001
recordtype	oai_dc
spelling	okr-10986-290012021-04-23T14:04:51Z The Changing Wealth of Nations 2018 : Building a Sustainable Future Lange, Glenn-Marie Wodon, Quentin Carey, Kevin Lange, Glenn-Marie Wodon, Quentin Carey, Kevin WEALTH ASSETS CAPITAL COMPREHENSIVE WEALTH SUSTAINED DEVELOPMENT HUMAN CAPITAL RESOURCE USE LIFETIME EARNINGS APPROACH 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. 2017-12-14T18:05:56Z 2017-12-14T18:05:56Z 2018-01-30 Book 978-1-4648-1046-6 http://hdl.handle.net/10986/29001 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	WEALTH ASSETS CAPITAL COMPREHENSIVE WEALTH SUSTAINED DEVELOPMENT HUMAN CAPITAL RESOURCE USE LIFETIME EARNINGS APPROACH
spellingShingle	WEALTH ASSETS CAPITAL COMPREHENSIVE WEALTH SUSTAINED DEVELOPMENT HUMAN CAPITAL RESOURCE USE LIFETIME EARNINGS APPROACH Lange, Glenn-Marie Wodon, Quentin Carey, Kevin The Changing Wealth of Nations 2018 : Building a Sustainable Future
description	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.
author2	Lange, Glenn-Marie
author_facet	Lange, Glenn-Marie Lange, Glenn-Marie Wodon, Quentin Carey, Kevin
format	Book
author	Lange, Glenn-Marie Wodon, Quentin Carey, Kevin
author_sort	Lange, Glenn-Marie
title	The Changing Wealth of Nations 2018 : Building a Sustainable Future
title_short	The Changing Wealth of Nations 2018 : Building a Sustainable Future
title_full	The Changing Wealth of Nations 2018 : Building a Sustainable Future
title_fullStr	The Changing Wealth of Nations 2018 : Building a Sustainable Future
title_full_unstemmed	The Changing Wealth of Nations 2018 : Building a Sustainable Future
title_sort	changing wealth of nations 2018 : building a sustainable future
publisher	Washington, DC: World Bank
publishDate	2017
url	http://hdl.handle.net/10986/29001
_version_	1764468239514992640

The Changing Wealth of Nations 2018 : Building a Sustainable Future

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