The measurement of wealth provides critical insights into the sustainability of a given economy and the evolution of its stocks of natural, produced, and human capital. For resource-rich countries, a key question is how can natural capital be transformed into other forms of capital? Tackling the question requires an understanding of existing wealth estimates and their limitations. This project analyzes and compares existing ways of measuring national wealth and its components, and explores the benefits of these methodologies for policymaking decisions. It also investigates how different economic policies alter the composition of wealth and whether they reduce or create it.
National Wealth Accounting
- How can natural capital be transformed into other forms of capital?