This new volume sets the stage for addressing development through a comprehensive measure of wealth, which underpins income and well-being. Hopefully, the results will be used by policy makers and others to improve measures of economic progress and lead to policies that improve lives for generations.

This book is about development and measuring development progress. While precise definitions may vary, development is, at heart, a process of building wealth—the produced, natural, human, and institutional capital which is the source of income and wellbeing.

This volume asks a key question - where is the wealth of nations? Answering this question yields important insights into the prospects for sustainable development in countries around the world.