1.

Record Nr.

UNINA9910449745503321

Titolo

Where is the wealth of nations? [[electronic resource] ] : measuring capital for the 21st century

Pubbl/distr/stampa

Washington, DC, : The World Bank, 2005

ISBN

1-280-28224-X

9786610282241

0-8213-6355-7

Descrizione fisica

1 online resource (212 p.)

Altri autori (Persone)

HamiltonKirk <1951->

Disciplina

338.9/27/015195

Soggetti

Sustainable development - Econometric models

Wealth - Econometric models

Economic indicators

Environmental indicators

Saving and investment - Econometric models

Human capital - Econometric models

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Extends and expands the work done in Expanding the measure of wealth (World Bank, 1997) to provide a comprehensive snapshot of wealth for 120 countries at the turn of the millennium.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

TABLE OF CONTENTS; Foreword; Acknowledgments; Acronyms and Abbreviations; Looking for the Wealth of Nations-A Logical Map; Executive Summary; Part 1-Wealth Accounting; Chapter 1. Introduction: The Millennium Capital Assessment; Chapter 2. The Wealth Stock Estimates; Part 2-Changes in Wealth; Chapter 3. Recent Genuine Saving Estimates; Chapter 4. The Importance of Investing Resource Rents: A Hartwick Rule Counterfactual; Chapter 5. The Importance of Population Dynamics: Changes in Wealth per Capita; Chapter 6. Testing Genuine Saving; Part 3-Wealth, Production, and Development

Chapter 7. Explaining the Intangible Capital Residual: The Role of Human Capital and Institutions Chapter 8. Wealth and Production; Part 4-International Experience; Chapter 9. Developing and Using Environmental Accounts; Appendixes: Sources and Methods; Appendix



1. Building the Wealth Estimates; Appendix 2. Wealth Estimates by Country, 2000; Appendix 3. Genuine Saving Estimates by Country, 2000; Appendix 4. Change in Wealth per Capita, 2000; References; Index

Sommario/riassunto

The book presents estimates of total wealth for nearly 120 countries, using economic theory to decompose the wealth of a nation into its component pieces: produced capital, natural resources and human resources. The wealth estimates provide a unique opportunity to look at economic management from a broader and comprehensive perspective. The book's basic tenet is that economic development can be conceived as a process of portfolio management, so that sustainability becomes an integral part of economic policy making. The rigorous analysis, presented in accessible format, tackles issues such as g