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PASSAGE-5
In the last two decades, the world's gross domestic product (GDP) has increased by 50 percent, whereas inclusive wealth has increased by a mere 6 percent. In recent decades, GDP-driven economic performance has only harmed inclusive wealth like human capital; and natural capital like forests, land and water.
While the world's human capital which stands at 57 percent of total inclusive wealth grew by only 8 percent, the natural capital which is 23 percent of total inclusive wealth declined by 30 percent worldwide in the last two decades.
In the last two decades, the world's gross domestic product (GDP) has increased by 50 percent, whereas inclusive wealth has increased by a mere 6 percent. In recent decades, GDP-driven economic performance has only harmed inclusive wealth like human capital; and natural capital like forests, land and water.
While the world's human capital which stands at 57 percent of total inclusive wealth grew by only 8 percent, the natural capital which is 23 percent of total inclusive wealth declined by 30 percent worldwide in the last two decades.
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