GENUINE SAVINGS AND SUSTAINABILITY
梳理了真实储蓄作为国家层面可持续发展经济指标的理论基础,探讨其与未来消费路径的关系,并指出未来研究方向。
Abstract Genuine Savings (GS) has emerged as the leading economic indicator of sustainable economic development at the country level. It derives from the literatures on weak sustainability, wealth accounting and national income accounting. We discuss the theoretical underpinnings of GS, focusing on the relationship between changes in a nation's extended capital stock and the future path of consumption. The indicator has entered widespread use propelled by the World Bank's publications, despite its varying performance as a predictor for future consumption. Notwithstanding the extensive body of literature reviewed, promising future research avenues are identified.