Despite most policy-makers' belief that GDP growth is the primary measure of success, the true core factors of economic progress are capital assets—human, natural, produced, financial, and social capital. These make up an economy's comprehensive wealth. Comprehensive wealth focuses on the stocks of underlying assets that generate income flows, which determine a society's well-being.
Authors
Mesfin Tilahun, Livia Bizikova, Robert Smith, Zakaria Zoundi
- Published in
- Canada
- Rights
- IISD, 2024
