define structure and institution
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Institutional Structure. Institutions are the capital stock for policy-making. ... Thus the nature of institutions is crucial for economic actors' assessments of policy credibility. Institutional structures can constrain the policy options available to individual policy-makers or government organs.
Answered by
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Institutional Structure. Institutions are the capital stock for policy-making. ... Thus the nature of institutions is crucial for economic actors' assessments of policy credibility.Institutional structures can constrain the policy options available to individual policy-makers or government organs.
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