This report thoroughly explores the capital approach to measuring sustainable development and compares the indicators that fall out of this approach with those in existing sets.

In this way, it draws the best from the conceptual work of researchers and the practical work of policy makers and statisticians. Although formally prepared for statistical offices in the United Nations Economic Commission for Europe (UNECE), Organisation for Economic Co-operation and Development (OECD) and European Union member states, this report targets other audiences as well.

This report will benefit statisticians of any country in need of conceptual guidance on the measurement of sustainable development. At the same time, the general reader will find it helpful in understanding how sustainable development might be measured in concrete terms, as well as the strengths and weaknesses of different approaches.

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