Lecture
This lecture by the instructor covers the relationship between economic growth, sustainability, and the wealth of nations. It explores different approaches to testing sustainability, such as wealth-based assessment and environmental footprint analysis. The lecture also delves into wealth accounting by the World Bank, examining the components of total wealth and how it can be used to assess a country's development. Furthermore, it discusses the aggregation of countries by income level and the changes in total wealth per capita over time. The presentation concludes with insights on the increase in world natural capital and the importance of using natural resources effectively for development.