Journal of Global Economics

Real Development Index

Abstract

Bartholomew K

The Real Development Index (RDI) is a conglomerate index that measures and compares countries’ level of development. The RDI takes into account various economic, social and environmental factors that other economic or human development indexes fail to do. Data for the index is relevant for the year 2014, and compares 110 countries using a variety of hard data and survey data. The index is comprised of three sections to measure a country’s level of development: 1. Law and Stability, 2. Quality of Life, 3. Economic Development.