and internal competition which contributes to accelerating
technological innovations, which increases the quality of the
products and which reduces costs.
An efficient legal system,
which is capable of resolving disputes quickly.
A developed capital market,
capable of promoting savings and channeling these savings towards
A macroeconomy balance:
situations of economic imbalance, like for example, a business
shortfall or an excessive public shortfall, end up effecting
economic growth negatively.
A moderated rate of inflation: this
creates a favourable climate for investment, it favours international
competitiveness, it avoids an increase in prices which makes
economic growth difficult, etc.
The Macroeconomy Course