According to the World Bank,Albania does one of the worst jobs as a country enforcing the rule of law.The consequence of a weak rule of law is
A)difficulty in attracting investment and low economic growth.
B)a decrease in cash transactions and increased efficiency.
C)more risk taking on the part of entrepreneurs and greater economic investment.
D)strong property rights enforcement leading to greater investment.

Question

Quizplus · Accepted Answer

A weak rule of law can lead to difficulty in attracting investment and low economic growth. Investors are less likely to risk their money in a country where the rule of law is not enforced, as there is a higher risk of corruption and instability impacting their investment. A strong rule of law is necessary for ensuring property rights enforcement, protection of contracts, and resolving disputes, all of which are essential for a conducive business environment.

According to the World Bank,Albania Does One of the Worst