World Financial institution Tokyo On-line Morning Seminar #131 “The Altering Wealth of Nations 2021”

In response to the World Financial institution’s new Altering Wealth of Nations report launched on October 27, 2021, international wealth has elevated total – however at the price of future prosperity and widening inequalities.

Nations which can be squeezing their sources in favor of short-term features are placing their economies on a sustainable progress path. Whereas indicators akin to gross home product (GDP) have historically been used to measure financial progress, the report argues for the significance of contemplating pure, human and produced capital to find out whether or not progress is sustainable.

The Variable Wealth of Nations 2021 tracks the wealth of 146 nations between 1995 and 2018 by measuring the financial worth of renewable pure capital (akin to forests, cropland and marine sources), non-renewable pure capital (akin to minerals and fossil fuels). Human capital (earnings over an individual’s lifetime), capital produced (akin to buildings and infrastructure), and web international property. The report mentions blue pure capital within the type of mangroves and marine fisheries for the primary time.

At this symposium, James Kust, Senior Economist, Workplace of the Chief Economist for the Africa Area, Setting, Pure Assets and Blue Financial system Observe Group, World Financial institution, and Stephanie Onder, Senior Environmental Lead Economist on the World Platform Crew Grzegorz Peszko, Economist, Setting, Pure Assets and Blue Financial system World Observe, World Financial institution introduced the important thing factors of the report.

Date Time:

8 a.m. to 9 p.m., Friday December 17, 2021 (Japan Commonplace Time)


James Custo
Senior Economist, Workplace of the Chief Economist of the Africa Area, World Financial institution

Jim is an economist and younger skilled working within the Workplace of the Chief Economist, Africa Area on the World Financial institution. Previous to this place, he was Director of Analysis and Information on the Institute for Pure Assets Governance and helped create the Pure Assets Constitution, the place he served as Appearing Director.

Jim’s analysis addresses policy-relevant empirical questions on the function of presidency in harnessing sources for prosperity. They just lately accomplished research on establishments and the situation of oil exploration, analyzing the intersection of local weather coverage and useful resource wealth on impoverished nations, and funding in Africa’s infrastructure, in addition to the native impacts of useful resource wealth and challenges to diversification. has performed.

Jim holds a D.Phil (PhD) in Economics from Oxford College, MSc from Oxford and BA from Cambridge. He’s an exterior analysis affiliate on the Oxford Middle for the Evaluation of Useful resource Wealthy Economies within the Division of Economics at Oxford.


grzgorz pezko
Main Economist within the World Platforms Crew of the Setting, Pure Assets and Blue Financial system Observe Group, World Financial institution

Grzegorz Peszko is a lead economist on the World Platforms workforce of the World Financial institution’s Setting, Pure Assets and Blue Financial system Observe Group, the place he leads analytical and advisory providers on local weather change mitigation, plastic air pollution prevention, air air pollution, economics of fixing wealth. Huh. nation, in addition to the macro-economic and monetary elements of sustainability.


Stephanie Onder
Senior Environmental Economist, Setting, Pure Assets and Blue Financial system World Observe, World Financial institution

Stephanie Onder is a Senior Environmental Economist in Setting, Pure Assets and Blue Financial system (ENB) international observe. She has labored for ENB groups in South Asia and East Asia and the Pacific, in addition to for the World Financial institution’s international arm. His work included each lending operations in addition to technical help, specializing in key growth points in pure capital accounting, pure useful resource administration with an emphasis on pure resource-dependent poor livelihoods, in addition to local weather mitigation and adaptation. . He additionally served as an adjunct professor at American College’s College of Worldwide Service, the place he has developed a broad analysis agenda in growth and environmental economics and, extra just lately, the economics of pressured displacement. He has a PhD in Economics from the London College of Economics.

Presentation Contents:

To be posted on this webpage. The Altering Wealth of Nations 2021: Managing Wealth for the Future (PDF)

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