Development indicator
It is a way to measure how well countries are doing in terms of helping their people live good lives. It looks at three main things: how long people live, how much education they get, and how much money they earn.
Human Development Index
Is an umbrella term used to describe an economy where the state is in charge of controlling key industries, resources and economic activities, while playing a stronger role in leading economic growth
State led economy
A factor that impacts development is through the creation of improved infrastructure, such as railways, ports, road networks and electricity grids
Economic factor
It measures sustainable well-being by combining life satisfaction, life expectancy, and ecological footprint per capita.
Happy Planet Index
It combines both free market and government control of the economy.
Mixed economy
The external human, structural, and cultural elements that profoundly shape a society’s progress and an individual’s life chances
Social factors
It measures sustainable well-being by combining life satisfaction, life expectancy, and ecological footprint per capita.
Multi Poverty Index
Is an economic theory and model that emphasises free markets and limited government intervention in the economy.
Neoliberalism
The actions, structures, and ideologies of government that directly influence a nation's progress
Political factor