National Debt Clock

Wednesday, January 20, 2010

2010 Economic Freedom Index

The positive relationship between economic freedom and prosperity is confirmed yet gain in the 2010 Index. Gross domestic product per capita is much higher in countries that score well in the Index. The positive relationship holds true at all levels of economic freedom but becomes even more dramatic as economic freedom increases.

Economic freedom improves the overall quality of life, promotes political and social progress, and supports environmental protection. The 2010 Index provides strong evidence that economic freedom has far-reaching positive impacts on various aspects of human development. Economic freedom correlates with poverty reduction, a variety of desirable social indicators, democratic governance, and environmental sustainability.

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