UPSC Civil Services 2017 Prelims General Studies Paper II

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.