Cialani, Catia - Institutionen för Nationalekonomi, Umeå Universitet - 2014
Commission on Environment and Development, the genuine saving has come to play a key role in the context of sustainable … development, and the World Bank regularly publishes numbers for genuine saving on a national basis. However, these numbers are … typically calculated as if the tax system is non-distortionary. This paper presents an analogue to genuine saving in a second …