good institutional environment

language: de

definitions

  1. A set of effective, transparent, and stable rules, regulations, and organizations that facilitate market operations, protect property rights, reduce transaction costs, and encourage investment and economic growth.
    de: Gutes institutionelles Umfeld
  2. The quality of public sector frameworks, including government efficiency, regulatory transparency, accountability, and low levels of corruption, which support societal development and public service delivery.
    de: Effizientes Governance-System
  3. A theoretical concept in institutional economics describing the formal and informal constraints, such as laws, norms, and enforcement mechanisms, that shape human interaction and determine long-term economic performance.
    de: Normativer institutioneller Rahmen

examples

  1. Investors are more likely to commit capital when they perceive a good institutional environment with strong legal protections.

    Investoren investieren eher, wenn sie ein gutes institutionelles Umfeld mit starkem Rechtsschutz wahrnehmen.

  2. International aid organizations often prioritize countries with a good institutional environment to ensure funds are used effectively.

    Internationale Hilfsorganisationen priorisieren oft Länder mit einem guten institutionellen Umfeld, um sicherzustellen, dass Gelder effektiv eingesetzt werden.

  3. Researchers argue that a good institutional environment is the primary driver of sustainable development rather than natural resource endowments.

    Forscher argumentieren, dass ein gutes institutionelles Umfeld der primäre Treiber für nachhaltige Entwicklung ist und nicht die natürlichen Ressourcen.