Governance as a Candidate System Regulator: How Institutional Quality Shapes Capital Efficiency in Oil-Dependent Economies
Oil-dependent economies function as complex socio-economic systems in which resource revenues, institutional structures, and investment outcomes are dynamically interlinked. When governance is weak, oil windfalls can trigger reinforcing feedback loops that erode institutional capacity, reduce invest...
| Published in: | Systems |
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| Main Author: | |
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2026-05-01
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| Subjects: | |
| Online Access: | https://www.mdpi.com/2079-8954/14/5/542 |
