good institutional environment

language: zh

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.
    zh: 良好制度环境
  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.
    zh: 高效治理体系
  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.
    zh: 规范制度框架

examples

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

    当投资者认为存在法律保障有力的良好制度环境时，更有可能投入资本。

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

    国际援助机构通常优先考虑具备高效治理体系的国家，以确保资金得到有效使用。

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

    学者们认为，规范的制度框架是可持续发展的主要驱动力，而非自然资源禀赋。