| | As well as proving economic and quality of life benefits to citizens in developing countries, it is a major factor in improving [[rule of law]], [[accountability]], transparency, [[democracy]] and personal freedoms, by integrating the economies of developing countries with those of the west, thus leading to greater incentives to reconcile regulatory, legal and political standards, as well as encouraging the local population to accept [[responsibility]] for development of their country, through participating in an opening market and thus directly affecting the way these services are provided by exercising their consumer choice in service provision, and by making stock investments in publicly traded, rather than state monopolist utilities. | | As well as proving economic and quality of life benefits to citizens in developing countries, it is a major factor in improving [[rule of law]], [[accountability]], transparency, [[democracy]] and personal freedoms, by integrating the economies of developing countries with those of the west, thus leading to greater incentives to reconcile regulatory, legal and political standards, as well as encouraging the local population to accept [[responsibility]] for development of their country, through participating in an opening market and thus directly affecting the way these services are provided by exercising their consumer choice in service provision, and by making stock investments in publicly traded, rather than state monopolist utilities. |