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National Accounting and Capital (Hardcover)
Loot Price: R3,304
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National Accounting and Capital (Hardcover)
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National Accounting and Capital presents definitive solutions to
current problems in national accounting practice. Professor
Hartwick deals expertly with problems in accounting natural
capital, financial capital and skills capital and communicates his
solutions in specially designed national accounting tables or
matrices. Key issues discussed include: * new developments in the
theory of green national accounting, particularly the place of
natural resource stocks in the national accounts * the relationship
between dollar valued net national product and sustainable income *
an extension of standard treatments of capital, (buildings,
machines, etc.), in the national accounts to deal with natural
resources, human capital, and financial capital, (equities of banks
and other firms and loans from banks to firms) * the sustainability
of the current path of an economy * the role of capital gains on
'new' types of capital in the expression for net national product
In addition, Professor Hartwick indicates how to deal with certain
long-standing issues involving services to banks in the national
accounts. The accounts are always expressed in a national
accounting matrix and this makes for consistency in style. He
wishes to persuade readers of the value of this approach. This book
will be of immense use to scholars of national and environmental
accounting and practitioners in government statistical agencies,
the UN, the World Bank and the IMF.
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