Where is the Wealth of Nations?: Measuring Capital for the 21st Century

Where is the Wealth of Nations?: Measuring Capital for the 21st Century
ISBN-10
0821363557
ISBN-13
9780821363553
Category
Ahorro e inversión - Modelos econométricos
Pages
188
Language
English
Published
2006
Publisher
World Bank Publications

Description

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.