International Financial Markets
The rule of law is a fundamental principle that dictates that all individuals and institutions are subject to and accountable under the law, which is fairly applied and enforced. It emphasizes that laws must be clear, publicized, stable, and applied evenly, ensuring justice is delivered timely without the interference of arbitrary governance. In relation to foreign direct investment, the rule of law creates a predictable environment that encourages investment by ensuring that legal frameworks are respected and disputes can be resolved fairly.
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