good institutional environment

language: id

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.
    id: Lingkungan institusional yang baik
  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.
    id: Sistem tata kelola efisien
  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.
    id: Kerangka institusional normatif

examples

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

    Investor lebih cenderung menyetorkan modal ketika mereka merasakan lingkungan institusional yang baik dengan perlindungan hukum yang kuat.

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

    Organisasi bantuan internasional sering memprioritaskan negara dengan lingkungan institusional yang baik untuk memastikan dana digunakan secara efektif.

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

    Para peneliti berpendapat bahwa lingkungan institusional yang baik adalah pendorong utama pembangunan berkelanjutan, bukan kekayaan sumber daya alam.