Guaranteeing observance of the law, partly through more effective administration of justice, enables the productive economy to function properly, encourages entrepreneurship, and attracts human and financial resources to the country. Credit and banks Improvements in credit market conditions fostered by the new monetary policy measures must accompany a revival of investment.
As Tom Friedman puts it in his recent book, we need to balance technological progress with a sense of humanity, and moral values. As Former US President Obama said when he visited Hiroshima in May 2016, “Technological progress without an equivalent progress in human institutions can doom us.