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2026-07-06T10:10:00.000Z

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Judicial independence: from guarantee to economic factor

Judicial independence: from guarantee to economic factor

The article addresses the importance of judicial independence as a key factor in strengthening the foreign investment environment. Traditional economic factors alone are no longer sufficient to attract investment; instead, the quality of the legal and institutional environment—particularly judicial independence—has become a primary criterion. Studies indicate a strong correlation between the rule of law and investment attraction, emphasizing that judicial independence enhances investor confidence and reduces legal risks. The article also highlights that diminishing the power of the judiciary or expanding extraordinary measures beyond its regular scope can weaken the principle of separation of powers and negatively impact the country's international reputation regarding the business environment. Furthermore, it underscores that providing an independent and transparent judiciary is fundamental to improving competitiveness and attracting investments. Building strong institutions with independence and efficiency reinforces the rule of law and lays the foundation for a sustainable and prosperous economy.

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