Chapter 11 in the Changing Wealth of Nations 2021 report that discusses how wealth accounting (natural, human and physical capital) can be used to design sustainable macroeconomic and fiscal policies.
This chapter combines data from www.worldbank.org/cwon with other public accounts and datasets while comparing different groups of countries to assess economic and fiscal performance over 20 years of data.
The figures and analysis show that policymakers can complement traditional economic analysis with wealth components to unveil long term challenges that can undermine public finance resilience to shocks.