The true raw material footprint of nations
Monday, September 2, 2013 - 21:00
in Mathematics & Economics
Using a new modelling tool and more comprehensive indicators, researchers were able to map the flow of raw materials across the world economy with unprecedented accuracy to determine the true "material footprint" of 186 countries over a two-decade period (from 1990 to 2008). The results confirm that pressures on raw materials do not necessarily decline as affluence grows and demonstrates the need for policy-makers to consider new accounting methods that more accurately track resource consumption.