Definition of national wealth.

Professor Passers dasgupta, a famous economist at Cambridge University in England, believes that if social welfare does not decline at any time, then the road to development is sustainable.

This exposition embodies the connotation of intergenerational equity contained in sustainable development, that is, while seeking to improve contemporary welfare, people's ability to seek such welfare in the future should not be damaged. The current stock of national wealth is considered as the present value of future consumption and the basis for the realization of future social welfare.

Therefore, sustainable development is a process of creating, maintaining and managing wealth. In this way, the relationship between sustainable development and wealth is clear: to achieve sustainable development, we must keep the wealth stock unchanged, that is, the current wealth flow should not be negative, and at a specific stage, a country's sustainable development should be manifested as the non-negative growth of its national wealth.

Matters needing attention in graduation thesis:

Because sustainable development emphasizes the coordination among society, economy and natural environment, wealth should not be limited to the economic assets of economics, but should comprehensively include nature, humanities and society. Therefore, experts from the World Bank believe that national wealth should be the sum of production assets, natural assets, human resources and social capital owned by a country.