Sustainability index that looks beyond GDP launched
Sunday, June 17, 2012 - 15:30
in Mathematics & Economics
The world's fixation on economic growth ignores a rapid and largely irreversible depletion of natural resources that will seriously harm future generations, according to a report which unveils a new indicator aimed at encouraging sustainability -- the Inclusive Wealth Index (IWI). The IWI looks beyond the traditional economic and development yardsticks of GDP and HDI to include a full range of assets such as manufactured, human and natural capital.