Indeed, new ideas should result in creation of new institutions, but, effective and efficient management remain a challenge.
We presumed that any initiative towards encouraging financial innovation in the financial system might have a positive influence on economic progress with efficient financial institutions, financial intermediation, and efficient allocation of economic resources; these, in turn, expedite economic growth.
I think that together we have proven that, where the well-being of European citizens and the European economy is concerned, European institutions are united and efficient.
Another major element was the creation of effective and efficient public institutions.
One critical tool identified for achieving good oral health is the institution of effective and efficient oral hygiene practices [ 1, 5, 9].
The Turin European Council of March 1994, which also was the opening session of the Intergovernmental Conference, decided that the Conference agenda should be centered around three broad topics: bringing the Union closer to its citizens, making its institutions more efficient and democratic, and strengthening the Union's external action capabilities.
-A country characterized by high and steady economic growth and institutions that are efficient and highly adaptable.
"We are proud of its modern core values and resilient institutions, such as clean and efficient government, fairness and public accountability," he wrote.
The Laeken Declaration noted that the EU "derives its legitimacy from the democratic values it projects, the aims it pursues and the powers and instruments it possesses" as well as from its "democratic, transparent and efficient institutions". Nevertheless, the document set forth a lengthy list of questions illustrating the need to "increase the democratic legitimacy" of the EU's institutions.
The all too frequent establishment and then disbandment of federal police forces (the latest victim being the AFI) is a further proof that the problem of creating trustworthy and efficient institutions goes further than simply changing name and logo.
