GDP and Wealth are complementary indicators that provide a fuller picture of economic well-being. A country’s comprehensive wealth includes all produced capital such as factories and roads; natural capital like forests and water; human capital, which leads to earnings; and net foreign assets. Only by having a clear understanding of our world’s wealth—including all forms of capital—can we plan for a more sustainable future. The World Bank released a new book The Changing Wealth of Nations 2018 which tracks the wealth of 141 countries between 1995 and 2014. The goal is to help governments plan for a more sustainable economic growth path.
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