The rule of law creates and encourages a fair and just society, and also generates confidence that improves the quality of life for those at all levels of society. How?
The rule of law creates and encourages a fair and just society, and also generates confidence that improves the quality of life for those at all levels of society. How?
Nations with trustworthy, efficient legal systems, are more likely to attract foreign direct investment (FDI) than nations with troubled legal institutions. In general terms, rule of law improvements spur growth by attracting investors that value the safety, security and protection offered by transparent, just and ethical governments. Few nations are able to attract long-term, stable global investment without improving rule of law policies. Furthermore, nations that have achieved growth without improving rule of law policies, have grown for a short period, only to fall backwards, causing long-term economic harm and restricted growth.
The Rule of Law Alliance believes that countries with strong rule of law compliance will attract more FDI, because they offer high levels of legal and political safeguards, which effectively ensure higher levels of financial security. We encourage responsible and ethical investors to support rule of law governance by investing in nations that have shown a commitment to respecting all people through the consistent application of rule of law policies. We work with government agencies to educate and help inform rule of law policies for the benefit of all citizens and for the increased long-term economic viability of developing nations in Latin America and the Caribbean.
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