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Economic Freedom of the World: 2011 Annual Report  21

Exhibit 1.10: Economic Freedom and Economic Growth

Growth (%) in GDP per capita, 2009

3.5 3.1%

3.0 2.5

2.3%

2.4%

The economies of countries with more economic freedom tend to grow more rapidly.

2.0 1.5

1.2%

Note: The data for growth were adjusted to

1.0

control for the initial level of income.

0.5 0.0

Least Free

Third Second Economic Freedom Quartile

Most Free

Sources: Fraser Institute, Economic Freedom of the World: 2011 Annual Report; World Bank, World Development Indicators.

Exhibit 1.11: Economic Freedom and the Income Share of the Poorest 10%, 1990–2009 3.0 2.6%

Income share (%)

2.5

2.4% 2.2%

2.3%

2.0 1.5 1.0 0.5 0.0

Least Free

Third Second Economic Freedom Quartile

Most Free

Sources: Fraser Institute, Economic Freedom of the World: 2011 Annual Report; World Bank, World Development Indicators.

The share of income earned by the poorest 10% of the population is unrelated to economic freedom.

Economic Freedom of the World: 2011 Annual Report  

The index published in Economic Freedom of the World measures the degree to which the policies and institutions of countries are supportive...

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