Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth-the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their...

Front Cover -- Contents -- Foreword -- Acknowledgments -- Abbreviations -- Executive Summary -- Key Findings -- Why Should We Measure Wealth? -- What Is New in This Version of The Changing Wealth of Nations? -- Global and Regional Trends from 1995 to 2014 -- Natural Capital and Development --...

Utilizing natural resources wisely, reducing pollution, and taking other environmental factors into account are now critical to the prospects for long-term economic growth and, by extension, sustainable development. We investigate the impact of total natural resource rents (NRR) on India’s GDP...