Without stable governance, investment just gets siphoned off by corruption or torched by coups. Good institutions attract capital automatically — Botswana vs. DRC tells you everything.
Stable, accountable governance wins. Investment floods in when rules are fair, corruption is punished, and leaders build trust instead of chaos.
All the investment in the world won't do a thing if corrupt leaders just pocket the cash. You need rock-solid institutions first, otherwise you're just pouring water into a leaky bucket.
Governance beats investment hands down—cash floods corrupt systems and vanishes fast. Only accountable institutions create the trust and stability that turn resources into lasting power.
