{"id":11571,"date":"2012-06-17T23:30:16","date_gmt":"2012-06-17T21:30:16","guid":{"rendered":"http:\/\/www.myza.co.za\/06\/new-index-shows-lower-growth-for-major-economies\/"},"modified":"2012-06-17T23:30:16","modified_gmt":"2012-06-17T21:30:16","slug":"new-index-shows-lower-growth-for-major-economies","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/new-index-shows-lower-growth-for-major-economies\/","title":{"rendered":"New index shows lower growth for major economies"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* &#8216;Inclusive wealth&#8217; index accounts for natural assets<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Shows lower growth for some major economies than under GDP<\/p>\n<p><span><\/span><\/p>\n<p>* Rio+20 summit seeks measure of loss, use of natural assets<\/p>\n<p><span><\/span><\/p>\n<p>By Nina Chestney<\/p>\n<p><span><\/span><\/p>\n<p>RIO DE JANEIRO, June 17 (Reuters) &#8211; Some large economies<br \/>\nshow significantly lower growth when natural assets such as<br \/>\nforests and water are factored into growth indicators, an index<br \/>\nshowed on Sunday, a few days before an international<br \/>\nsustainability summit starts in Rio de Janeiro.<\/p>\n<p><span><\/span><\/p>\n<p>The Inclusive Wealth Index was unveiled by the United<br \/>\nNations University&#8217;s International Human Dimensions Programme on<br \/>\nGlobal Environmental Change (UNU-IHDP) and the United Nations<br \/>\nEnvironment Programme (UNEP).<\/p>\n<p><span><\/span><\/p>\n<p>Scientists and environment groups have been pressuring<br \/>\ngovernments to include the value of their countries&#8217; natural<br \/>\nresources &#8211; and use or loss of them &#8211; into future measurements<br \/>\nof economic activity to show their true future growth prospects.<\/p>\n<p><span><\/span><\/p>\n<p>The idea of an expanded indicator known as GDP+ to include<br \/>\nGDP and natural capital will be on the agenda of the Rio+20<br \/>\nsummit from June 20 to June 22, when environment ministers and<br \/>\nheads of state from around 200 countries will try to define<br \/>\nsustainable development goals.<\/p>\n<p><span><\/span><\/p>\n<p>The index shows the &#8220;inclusive wealth&#8221; of 20 nations, taking<br \/>\ninto account manufactured, human and natural capital like<br \/>\nforests, fisheries and fossil fuels, instead of relying only on<br \/>\ngross domestic product (GDP) as a growth indicator.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* &#8216;Inclusive wealth&#8217; index accounts for natural assets * Shows lower growth for some major economies than under GDP * Rio+20 summit seeks measure of loss, use of natural assets By Nina Chestney RIO DE JANEIRO, June 17 (Reuters) &#8211; Some large economies show significantly lower growth when natural assets such as forests and water [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-11571","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=11571"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11571\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}