dc.contributor.author	World Bank
dc.date.accessioned	2021-10-18T15:32:24Z
dc.date.available	2021-10-18T15:32:24Z
dc.date.issued	2021-10-27
dc.description.abstract	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. Wellfunctioning ecosystems and educated populations are requisites for sustainable wellbeing. 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.	en
dc.identifier	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/500171635402227325/main-report
dc.identifier.doi	10.1596/978-1-4648-1590-4
dc.identifier.isbn	978-1-4648-1590-4
dc.identifier.uri	https://hdl.handle.net/10986/36400
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	WEALTH ACCOUNTING
dc.subject	MACROECONOMICS
dc.subject	HUMAN CAPITAL
dc.subject	NATURAL RESOURCES
dc.subject	ASSETS
dc.subject	INVESTMENT
dc.subject	NATURAL CAPITAL
dc.subject	SUSTAINABILITY
dc.subject	ENVIRONMENT
dc.subject	PROSPERITY
dc.title	The Changing Wealth of Nations 2021	en
dc.title.subtitle	Managing Assets for the Future	en
dc.type	Book	en
dc.type	Livre	fr
dc.type	Libro	es
dspace.entity.type	Publication
okr.date.disclosure	2021-10-27
okr.doctype	Publications & Research
okr.doctype	Publications & Research::Publication
okr.guid	721941635406968765
okr.guid	500171635402227325
okr.identifier.doi	10.1596/978-1-4648-1590-4
okr.identifier.report	165689
okr.language.supported	en
okr.topic	Environment::Natural Resources Management
okr.topic	Environment::Sustainable Land Management
okr.topic	Macroeconomics and Economic Growth::Economic Growth
okr.topic	Macroeconomics and Economic Growth::Economic Theory & Research
okr.topic	Poverty Reduction::Achieving Shared Growth
okr.unit	GENGE

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Publication:
The Changing Wealth of Nations 2021: Managing Assets for the Future