The 2024 Nobel Prize for Economics was awarded to Daron Acemoglu, Simon Johnson and James Robinson for their research on how institutional factors shape long-term economic prosperity, highlighting how the quality of institutions impacts economic growth.
Beyond macroeconomic implications, strong institutional frameworks that encourage inclusivity by providing access to opportunities, fostering innovation and enforcing the rule of law, amongst other factors, are also key signs of sustainable growth markets for international companies.
The Institutional Health Market Expansion Scorecard provides a practical tool for companies to evaluate markets against actionable metrics. This allows you to rank and prioritize markets based on measurable institutional factors, leading to smarter, more sustainable decisions.
