The Democracy Investments International Index is a new international equity index designed to encourage economic growth among democracies and political reform among authoritarian states. It combines the Solactive GBS Global Markets Ex-US index with the Democracy Index published by The Economist to create a democracy weighed stock index. Relative to the benchmark, the resulting index has a larger proportion of investment in democracies and a smaller proportion in authoritarian states. This capital allocation strategy, applied at scale, will encourage economic growth in democracies, hinder economic growth in authoritarian states, and create a market-based incentive for political reform. The incentive structure is simple, transparent, proportional, and credible.