The Changing Wealth of Nations 2021: Managing Assets for the Future - Paperback
by World Bank (Author)
Wealth, measured comprehensively to include all assets (produced, human, and natural capital) underpins national income, and sustained growth over the long term requires investment in this broad portfolio of assets. Changing Wealth of Nations 2020 firmly establishes wealth as a measure of sustainability and key component of country analytics by i) expanding the coverage and improving the quality of all assets, notably natural capital, and ii) demonstrating how wealth accounts can be applied in analytics to areas of major policy concern like climate change and natural resource policy reform.
The World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.
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