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COMPREHENSIVE WEALTH REPORT Indonesia
The report analyzes Indonesia's Comprehensive Wealth Index (CWI), which grew by an average of 4.3% annually between 1995 and 2020, driven primarily by human and produced capital. However, real per capita GDP grew more slowly at 2.8%, indicating a declining rate of return on wealth from 6.8% in 1995 to 4.8% in 2020. The study highlights inefficiencies in natural resource management and a lack of investment in renewable energy, suggesting that better asset management could have pushed Indonesia into the World Bank's upper-middle-income category by 2020.
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Document type: Report
COMPREHENSIVE WEALTH REPORT Trinidad and Tobago
The report finds that while Trinidad and Tobago's GDP grew between 1995 and 2020, its real comprehensive wealth per capita has declined by 36% since the 2008 global recession. This divergence is attributed to an over-reliance on fossil fuel assets, which have seen a nearly 98% loss in value over the study period. The analysis highlights a 'Dutch Disease' effect, where investment in the petroleum sector has crowded out agriculture, forestry, and fisheries. Human capital, the largest component of wealth, also declined by 29% from its 2008 peak. The report recommends that the government integrate comprehensive wealth measures into official policy-making to diversify the economy and ensure long-term sustainability.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report