Mahmoud Mohieldin — Measuring Inclusive Growth

One method of measurement is “natural capital accounting,” which assesses the value of natural resources in development planning and national accounts, just as a family would account for their home’s value – and the cost of maintaining it – when deciding how much of their regular income to consume. A recent World Economic Forum report proposes a “dashboard” for inclusive and sustainable growth. This model brings together natural capital accounting, a human-opportunity index, a gender-gap index, measures of public investment as a percentage of GDP, a competitiveness index, indicators of shared prosperity, and disaggregated unemployment data.

Project Syndicate
Measuring Inclusive Growth
Mahmoud Mohieldin | Corporate Secretary and the President’s special envoy at the World Bank