The Changing Wealth of Nations 2021: Managing Assets for the Future
This edition of The Changing Wealth of Nations is the fourth World Bank report on global wealth accounting. It breaks new ground by expanding coverage and measures of capital assets, including natural capital and also, for the first time:
Applying purchasing power parity (PPP) prices to wealth
Applying decomposition analysis to understand the drivers of change in wealth
Introducing blue natural capital to the core accounts, such as marine fisheries and mangroves
The Changing Wealth of Nations 2021 moves beyond comprehensive wealth accounting, to now provide policy insights to guide sustainable development:
New analysis on the impacts of climate change
New analysis on how to manage assets under conditions of risk and uncertainty,
- New estimate of how climate policies could affect the value of assets under alternative future scenarios about the low-carbon transition; and
We examine the impact on human capital of two important phenomena: the COVID-19 pandemic and the impact of air pollution, as well as the distorting impact of nonrenewable wealth on human capital.
