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UN environment at work. The tricky business of measuring a country’s true wealth
- Source: Our Planet, Volume 2017, Issue 2, May 2018, p. 14 - 15
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- 15 May 2018
Abstract
Human well-being and wealth are not only determined by economic activity but also by the services we get from nature. Gross Domestic Product measures economic transactions, regardless of whether they are positive or negative for human well-being or a nation’s wealth. It cannot measure the sustainability of economic activities, and it doesn’t capture the contribution of nature to our welfare.
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