In the current challenging economic environment, our work is a critical reminder of the importance of sound structural economic fundamentals for sustained growth. ... First Pillar - Institutions The institutional environment is determined by the legal and administrative framework within which individuals, firms, and governments interact to generate wealth. The importance of a sound and fair institutional environment has become all the more apparent during the recent economic and financial crisis and is especially crucial for further solidifying the fragile recovery, given the increasing role ...

• Word Count: 4162
• Approx Pages: 17
• Has Bibliography
• Grade Level: Graduate