This book is concerned with how current decisions about consumption
and saving have an impact upon future well-being, and in particular how
current measurable indicators can shed light upon the prospects for future
well-being. It is concerned, in short, with the concept and measurement of
sustainable development. This task is beset by conceptual and empirical
challenges. Yet at the heart of this book lies a very practical concern – if
sustainability is to mean anything at all it needs to be measurable. We
feel a sense of urgency in this task. Because current systems of economic
indicators do not clearly signal whether an economy is on a sustainable
path, policy errors based on these indicators will continue to be made and
perpetuated. Moreover, these errors have a long reach, since they affect
not only current well-being but also the well-being of those living in the
future. Our book builds upon a body of knowledge linking growth theory,
asset accounting and indicators of sustainable development. Moreover,
what we are particularly interested in is the empirical application of this
accumulated knowledge.

very good ,studying