institutional framework English

Meaning institutional framework meaning

What does institutional framework mean?

institutional framework noun

— The systems of formal laws, regulations, and procedures, and informal conventions, customs, and norms, that shape socioeconomic activity and behaviour.

Examples institutional framework examples

How do I use institutional framework in a sentence?

News and current affairs

They point out that it may be rational for many countries to preserve this institutional framework, even if American power resources decline.