Checks and balances Quote by Khalid A. Al-Falih
“It's true that robust governance structures, checks and balances, transparency of markets, directionally leads to... less vulnerability to corruption.”
About This Quote
Source Speech: Energy Forum, 2022
Strong governance, checks, and market transparency reduce corruption risk.
In simple terms: Good governance lowers corruption.
Promote transparent, balanced systems.
Themes
Mood
Type
When to use this quote
- public policy
- corporate management
- NGO oversight
- financial regulation
Key Concepts
Questions to Reflect On
- How can reforms overcome resistance?
- What mechanisms ensure lasting transparency?
Implementation can be hindered by entrenched interests.