good institutional environment
definitions
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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.pt: Bom ambiente institucional
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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.pt: Sistema de governança eficiente
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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.pt: Estrutura institucional normativa
examples
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Investors are more likely to commit capital when they perceive a good institutional environment with strong legal protections.
Os investidores têm maior probabilidade de comprometer capital quando percebem um bom ambiente institucional com fortes proteções legais.
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International aid organizations often prioritize countries with a good institutional environment to ensure funds are used effectively.
Organizações de ajuda internacional costumam priorizar países com um bom ambiente institucional para garantir que os fundos sejam usados de forma eficaz.
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Researchers argue that a good institutional environment is the primary driver of sustainable development rather than natural resource endowments.
Os pesquisadores argumentam que um bom ambiente institucional é o principal motor do desenvolvimento sustentável, em vez da dotação de recursos naturais.