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
In "Making Democraty Work: Civic Traditions in Modern Italyâ€ , 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 citizenâ€™s role in this complex game? Could it be that the quality of democracy also depends on the citizensâ€™ quality? Would it be right to say that peoples have the governments they deserve?â€ 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 expertsâ€™ 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)
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