This book is the latest report by the World Bank to estimate
comprehensive wealth — including produced, natural and human /
institutional assets — for over 100 countries. This
ground-breaking report presents wealth accounts for 1995, 2000, and
2005, permitting the first longer-term assessment of global, regional,
and country performance in building wealth. This overall assessment is
complemented by chapters detailing individual components of wealth, as
well as how countries and the World Bank are using comprehensive
measures of wealth for policy analysis.
"This volume makes a convincing case that, in economic
development as in other human pursuits, you get what you measure. It
presents the first-ever direct estimates of changes in comprehensive
national wealth, which can help identify policies for achieving
sustained improvements in human well-being. Though topical, with
coverage of such issues as the contribution of human capital to
China's explosive economic growth, greenhouse gas accounting, and
the role of governance in avoiding a resource curse, it will become
more valuable with time as researchers explore the landmark data it has
painstakingly compiled."
— Jeffrey Vincent , Clarence F. Korstian
Professor of Forest Economics and Management, Nicholas School, Division
of Environmental Sciences and Policy, Duke University
“The World Bank has conducted path-breaking research on wealth
and sustainability: its Where is the Wealth of Nations? Measuring
Capital for the 21st Century was a revelation and an inspiration. Now
they have extended and updated this work. If you are interested in
national wealth, sustainability or even economic development in
general, you MUST read this book.”
— Geofrrey Heal , Garrett Professor of
Public Policy & Corporate Responsibility, Columbia Business School,
Columbia University
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