CPIA structural policies cluster average (1=low to 6=high)

The structural policies cluster serves as a vital measure of a country's regulatory framework and economic environment, encompassing areas such as trade, financial sector management, and business regulations. This indicator assesses the effectiveness and efficiency of policies that promote a stable and competitive marketplace, facilitating both domestic and international trade. A higher score reflects robust frameworks that encourage investment, ensure financial stability, and simplify procedures for businesses, while lower scores may indicate challenges such as bureaucratic inefficiencies or restrictive regulations. By analyzing this cluster, stakeholders can identify opportunities for reform, gauge potential economic growth, and understand how various structural elements interact to shape the overall business climate. Future improvements in these areas are critical for fostering sustainable economic development and resilience. Source: