Inclusive Wealth Report 2018: Measuring Sustainability and Well-being

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dc.contributor.authorUnited Nations Environment Programme
dc.contributor.otherManagi, Shunsuke
dc.contributor.otherKumar, Pushpam
dc.contributor.otherBarbier, Edward
dc.contributor.otherBarton, David
dc.contributor.otherDuraiappah, Anantha
dc.contributor.otherFraumani, Barbara
dc.contributor.otherGundimeda, Haripriya
dc.contributor.otherGrimsrud, Kristine
dc.contributor.otherLindhjem, Henrik
dc.contributor.otherLiu, Gang
dc.contributor.otherNavrud, Ståle
dc.contributor.otherPalavalli, Bharath
dc.contributor.otherSil, Srijan
dc.contributor.otherSmith, Rodney
dc.date.accessioned2019-03-06T08:25:20Z
dc.date.available2019-03-06T08:25:20Z
dc.date.issued2019
dc.descriptionIn recent years, a number of authors have shown that, if by sustainable development we are to mean that welfare across the generations should not decline over time, the index that measures an economy's productive base should be an inclusive measure of wealth. The authors of IWR 2018 follow that line of thought and extend the empirical reach of IWR 2012 and IWR 2014. They develop the idea of inclusive wealth, uncover the logic underlying its use in sustainability analysis, and then put it to work in tracking the inclusive wealth of nations.en
dc.description.tableofcontentsForeword to IWR 2018 Executive Summary Acknowledgements Abbreviations List of Figures List of Tables PART I: WHAT DOES THE DATA SAY? Chapter 1: Accounting for the Inclusive Wealth of Nations: Key Findings of the IWR 2018 1.1. Introduction 1.2. Methods 1.3. The Inclusive Wealth of Nations 1.3.1. Measuring Performances Based on Changes in Wealth 1.3.2. Changes in the Global Composition of Wealth 1.3.3. Wealth Composition 1.3.4. IWI Adjusted 1.3.5. Measuring Economic Performance: Comparison of Inclusive Wealth, GDP, HDI and Happiness 1.4. The Inclusive Wealth of Nations: Education as Human Capital 1.4.1. Measuring Performance Based on Changes in Wealth 1.4.2. Changes in the Composition of Wealth 1.4.3. Wealth Composition 1.4.4. IWI Adjusted 1.4.5. Comparison With GDP and HDI 1.5. Conclusions References Chapter 2: Inclusive Wealth: From Theory to Practice 2.1. Introduction 2.2. Gross Domestic Product, Wealth Measurement, Substitution and Sustainability 2.2.1. Gross Domestic Product and Inclusive Wealth 2.2.2. Why a Wealth-Based Index of Sustainability? 2.2.3. Substitution and Sustainability Indices 2.3. Wealth, Income, Growth and Sustainability 2.3.1. Inclusive Wealth and Growth Accounting 2.4. Wealth and the Sustainable Development Goals 2.4.1. Inclusive Wealth Index – Sustainability and Inclusivity 2.5. Inclusive Wealth and Conservation Policies 2.5.1. Inclusive Wealth and Forestry Policy 2.5.2. What Is the Total Economic Contribution of Forests and Forest Ecosystems, and What Are the Potential Benefits From Sustainable Management? 2.6. Conclusions References Appendix Chapter 3: More on Natural Wealth of Nations and Regions 3.1. Introduction 3.2. The Natural Capital of Nations 3.2.1. Renewable Resources 3.2.2. Non-Renewable Resources 3.3. Regional Natural Capital Growth and Sustainability 3.3.1. Asia and the Pacific 3.3.2. Africa 3.3.3. Latin America and the Caribbean 3.3.4. West Asia 3.3.5. North America 3.4. Incorporating Natural Disaster Resilience in the Assessment of Natural Capital 3.5. Renewable Energy as Capital Stocks 3.5.1. Solar Energy 3.5.2. Wind Energy 3.6. Fish Wealth of Nations 3.6.1. Background 3.6.2. Methodology 3.6.3. Results and Discussion 3.7. Conclusions Reference PART II: NATURAL CAPITAL Chapter 4: Reconciling Inclusive Wealth and Piketty: Natural Capital and Wealth in the 21st Century 4.1. Introduction 4.2. Conventional Versus Adjusted Net Income Accounting 4.3. Financialization and Inequality 4.4. Measuring Adjusted Net National Income, Saving and Growth 4.4.1. OECD High-Income Countries 4.4.2. Developing Countries 4.4.3. Low-Income Countries 4.4.4. Implications for Wealth-Income Ratios and Inequality 4.5. Conclusion References Appendix Chapter 5: Challenges to Ecosystem Service Valuation for Wealth Accounting 5.1. Introduction 5.2. System of Environmental-Economic Accounting 5.2.1. System of Environmental-Economic Accounting Experimental Ecosystem Accounting 5.3. Valuation Challenges for Ecosystem Services, Benefits and Assets 5.3.1. Ecosystem Service Delineation and Some Fundamental Challenges 5.3.2. Market Ecosystem Services and Benefits 5.3.3. Non-Market Ecosystem Services and Benefits 5.4. Accounting for the Value of Ecosystem Assets in System of Environmental-Economic Accounting Experimental Ecosystem Accounting 5.5. Conclusions and Future Directions References PART III: NEW INSIGHTS Chapter 6: Human Capital: Educational Attainment Progress 6.1. Introduction 6.2. Barro-Lee Methodology 6.3. Educational Attainment, Gender Gaps and Age Differences 6.4. Conclusions References Chapter 7: The IWR and Policy Lessons 7.1. Introduction 7.2. Policy Lessons for Education 7.3. Regulating Pollution and Inclusion in Inclusive Wealth 7.4. Fisheries Policy 7.5. Total Factor Productivity and Social Capital 7.5.1. Total Factor Productivity and Sustainability Implications 7.5.2. Productivity and Environmental Policy 7.5.3. Productivity at the Sectoral Level 7.6. Policy Instruments: IWI-Linked Bonds References
dc.description.urihttps://www.unep.org/resources/inclusive-wealth-report-2018
dc.formatpdf
dc.identifier.doihttps://doi.org/10.4324/9781351002080
dc.identifier.isbn9781351002080
dc.identifier.urihttps://wedocs.unep.org/handle/20.500.11822/27597
dc.languageEnglish
dc.page.number172 p.
dc.publisherRoutledge
dc.rights.accessLevelPublic
dc.subjectwealth
dc.subjecteducation
dc.subjectdevelopment indicator
dc.subjectgross domestic product
dc.subjectsustainability
dc.subjectsustainable development
dc.subjectincome
dc.subjecteconomic growth
dc.subjectnatural capital
dc.subjectnon-renewable resource
dc.subjectrenewable resource
dc.subjectvaluation
dc.subjectecosystem service
dc.subjecteconomic policy
dc.subjectfishery policy
dc.titleInclusive Wealth Report 2018: Measuring Sustainability and Well-beingen
dc.typeYearbook, annual and biennial report
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000035
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000036
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000038
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000042
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000048

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