Investments and transactions are important for economic growth. The more investments people make in the country, the better for the economy and for estimated economic growth. If you have desirable and reliable transactions, you can have economic growth even without strong institutions present in a certain country.
Inclusive economic growth is a catalyst for structural transformation
New economic opportunities and possibilities appear when you have sustained economic growth. Growth will always influence evolution and encourage it. It will encourage the emergence of new institutional forms and new social relations.
Society always adapts to the new status quo. The transformation requires the interaction of different capitals with new technical skills for the exploitation and exploration of areas and sectors of interest. Open transactions are the best for economic growth.