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(New publication) “Assessing local-scale inclusive wealth: a case study of Sado Island, Japan”

Last updated March 01, 2018

 

"Assessing local-scale inclusive wealth: a case study of Sado Island, Japan," co-authored by GPSS-GLI doctoral candidate Yuki Yoshida and advisers, is now published in the journal Sustainability Science.

 

The paper contributes to the ongoing search for policy tools for sustainable development by adopting the Inclusive Wealth Index at the local level. In light of rural decline according to conventional indicators such as GDP, the team has highlighted the wealth of such regions by comparing the inclusive wealth of Sado Island and Japan.

 

They report that Sado’s per capita wealth was about 10% lower than national averages, but that its natural capital was about threefold national averages. The article also supplements preexisting calculations and reveals the relative undervaluation of Sado's assets, thereby pointing to a reevaluation of societal assets to place greater emphasis on the maintenance of such areas.

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