Establishing the RIE index: a review of the components critical to progress measurement

Riccardo Natoli and Segu Zuhair

International Journal of Social Economics, 2010, vol. 37, issue 8, 574-591

Abstract: Purpose - The main purpose of this paper is to propose a progress framework revolving around the utilisation of three key constructs: resources, infrastructure and environment (index). Design/methodology/approach - This paper utilises a composite indicator and an interdisciplinary approach to construct a comprehensive measure of progress. Findings - The findings reveal that the methodological approach employed above allows components that are vital to progress to be incorporated into a coherent framework. Research limitations/implications - The proposed progress framework could be applied to countries, or act as a foundation for future progress measures. It is also hoped to promote interdisciplinary research between schools. Originality/value - The paper proposes an alternative measure of progress for nations that has the capability to capture more aspects important to progress.

Keywords: Economic resources; Economic performance; Economic development; Environmental management; Resources (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eme:ijsepp:v:37:y:2010:i:8:p:574-591

DOI: 10.1108/03068291011060634

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