Blum, Matthias; Hanley, Nicholas; McLaughlin, Eoin - Department of Economics, University of Stirling - 2013
current utility, indicating that economic development is non-sustainable (Hamilton and Clemens, 1999). We make use of data …Genuine Savings (GS), also known as ‘net adjusted savings', is a composite indicator of the sustainability of economic … development. Genuine Savings reflects year-on-year changes in the total wealth or capital of a country, including net investment …