Stability of institutions and developing stable institutions are the basic conditions for any developed, developing or least developed countries to produce, survive, compete and develop basic human, physical and institutional infrastructure conducive for sustained economic growth over the long run. In any country where institutions are not developed and where impediments exist for the development of stable institutions, there will not be economic growth. It is stated that few private investors are interested in investing or lending under such conditions where the countries lack the requisite credit worthiness and basic human, physical, and institutional infrasticuturei
Primary Language | English |
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Journal Section | Makaleler |
Authors | |
Publication Date | January 13, 2012 |
Submission Date | January 13, 2012 |
Published in Issue | Year 1992 Issue: 37-38 |