Economic Governance
/ˌiːkəˈnɒmɪk ˈɡʌvənəns/
Definitions
- (n.) The framework and processes through which economic policies, regulations, and institutions are directed, controlled, and managed, often by public authorities.
Effective economic governance is essential for maintaining market stability and promoting sustainable growth.
- (n.) The legal and institutional arrangements that oversee public resource allocation and economic decision-making in a jurisdiction.
Economic governance structures vary significantly between federal and unitary states.
Forms
- economic governance
Related terms
See also
Commentary
Economic governance involves legal frameworks that shape economic outcomes, highlighting the importance of transparent institutions and accountability mechanisms in law and policy design.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.