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Question
What do you mean by an Institutional design?
What do you mean by an Institutional design?
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Solution
- Institutional design is understood as formal rules, namely legal and regulatory provisions relating to health financing; organizational practice refers to the way organizational actors implement and comply with these rules.
- Like any constitution, the Indian Constitution lays down a procedure for choosing persons to govern the country.
- It defines who will have how much power to take which decisions.
- Institutional design is understood as formal rules, namely legal and regulatory provisions relating to health financing; organizational practice refers to the way organizational actors implement and comply with these rules.
- Like any constitution, the Indian Constitution lays down a procedure for choosing persons to govern the country.
- It defines who will have how much power to take which decisions.
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