Measure wealth nation and growth – Country’s Prosperity (CP)

Abstract

Unfortunately, today failed to find an appropriate method of calculating the level of prosperity of the whole of society, and its growth, however, is made based on GDP analysis and draw the wrong conclusions sometimes. The proposed measure of the Nation Wealth – CP Country’s Prosperity respects the benefits achieved by the company (cash flow), energy independence, the independence of the fuel, the rate of population growth, the value of innovation and the level indicator of renewable energy. It is proposed to replace the current measure – gross domestic product GDP – another measure – Country’s Prosperity CP. The increase in CP mean the actual development of the community as it not only considers the currently ongoing era of digital innovation but also the need for integral development with nature. The new importance the rate of energy independence, which in the era of terrorist attacks and wars in the Middle East and Africa becomes inextricably linked with the standard and the standard of living of the country concerned. It is included in this model. Using the presented measures requires the use of discount valuation methods to innovation relevant to social development and the security of the country. It would be worthwhile for a simplified reporting of cash flows for all the businesses. Gathering data on surplus cash flow generated by the entities on the territory of the country is a prerequisite to the application of measures of CP Country’s Prosperity.