The Changing Wealth of Nations 2021

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  • The Changing Wealth of Nations 2021 Book Detail

  • Author : World Bank
  • Release Date : 2021-12-18
  • Publisher : World Bank Publications
  • Genre : Science
  • Pages : 531
  • ISBN 13 : 1464815917
  • File Size : 77,77 MB

The Changing Wealth of Nations 2021 by World Bank PDF Summary

Book Description: 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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The Changing Wealth of Nations 2021

The Changing Wealth of Nations 2021

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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.

Changing Wealth of Nations 2020

Changing Wealth of Nations 2020

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The Changing Wealth of Nations 2020 covers national wealth for countries as the sum of produced capital, natural capital, net foreign assets, and human capital

The Changing Wealth of Nations 2018

The Changing Wealth of Nations 2018

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Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests,

The Changing Wealth of Nations

The Changing Wealth of Nations

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"The World Bank has conducted path-breaking research on wealth and sustainability. Its Where is the Wealth of Nation? Measuring Capital for the 21st Century was

The Changing Wealth of Nations

The Changing Wealth of Nations

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The aim of this report is to examine how the global downturn has affected high net worth individuals around the world, and explore some considerable differences