Inclusive Wealth Report

Outline
  • Expected start date:
    2010•01•01
    Expected end date:
    2014•12•31
    Institute:
    UNU-ViE
    Project Status:
    Closed
    Project Type:
    Research
    Project Manager :
    Sabrina Zwick

    The Inclusive Wealth Index is a new way of measuring a nation’s wealth, taking into account human capital (education, skills, earning potential, life expectancy, and population) and natural capital (fossil fuels, minerals, forest resources, and land), as well as produced capital (roads, railroad tracks, buildings, vehicles, machineries, etc.). This is a more comprehensive index than previous ones such as GDP, which measures income, and HDI, which incorporates education and life expectancy in addition to income. For the initial report – IWR 2012 – that was released in June at the Rio +20 Earth Summit, calculations using the Inclusive Wealth Index were made for 20 countries worldwide. This number of countries is expected to increase in the next report.