|
Definition of Institutional framework
1. Noun. The systems of formal laws, regulations, and procedures, and informal conventions, customs, and norms, that shape socioeconomic activity and behaviour. ¹
¹ Source: wiktionary.com
|
1. Noun. The systems of formal laws, regulations, and procedures, and informal conventions, customs, and norms, that shape socioeconomic activity and behaviour. ¹
¹ Source: wiktionary.com