The Religious Freedom & Business Foundation has issued a global study that links religious freedom to economic growth. Researchers say that religious freedom has been a previously “unrecognized asset to economic recovery and growth,” and that religion contributes heavily to peace and stability, both of which are necessary to economic stability.
Mark A. Kellner breaks down the study’s findings:
According to the RFBF [Religious Freedom & Business Foundation], the study looked at GDP growth for 173 countries in 2011 and found religious freedom correlated with lower corruption. Moreover, “when religious groups operate in a free and competitive environment, religion can play a measurable role in the human and social development of countries.”
The authors analyzed 2011 GDP data and compared with data on religious restrictions, the level of economic and business freedom in a given country, and “measures of government regulation, taxes, labor issues, demographics and economic circumstances.”