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THE ROLE OF HUMAN AND SOCIAL CAPITAL IN THE INSTITUTIONAL SUCCESS

Radu Gheorghe ()
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Radu Gheorghe: Athenaeum University of Bucharest

Internal Auditing and Risk Management, 2017, vol. 47, issue 3, 102-110

Abstract: In "Making Democraty Work: Civic Traditions in Modern Italy†, Robert D.Putnam launched several questions: how do formal institutions influence politics and governance? Is there a possibility for these institutions to reform this practice so as to keep up with reform? REforming institutions requires for a functional requirement: the need for their performance. But what their performance depend on? Is it just their social, economic and cultural background? If we transfer democratic institutions is there a possibility for them to develop in the new context just about the same way they did in the older one? What is citizen’s role in this complex game? Could it be that the quality of democracy also depends on the citizens’ quality? Would it be right to say that peoples have the governments they deserve?†1 At the beginning of 2017, the Edelman Trust Barometer highlighted a world wide deep decrease in four major institutions: government, business, mass media and NGOs. The trust discrepancies between well informed and leseer ifnormed audience get larger. The latter ones are more tempted to place a larger trust in Google browser than in the experts’ analyses. In this context, looks like relevant totget back to theories questioning the role of human and social capital in the institutional success.

Keywords: civic commitment; human capital; social capital; trust; moral trust; social understanding; reciprocity norms; widened reciprocity norms; civic commitment networks; tolerance (search for similar items in EconPapers)
JEL-codes: Z1 Z13 (search for similar items in EconPapers)
Date: 2017
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