that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of …) trust, or (3) integrity, foster economic growth. We construct data of economic performance of social groups in Lebanon …'s predictions. Policy implications are discussed. -- economic development ; institutions ; integrity ; Lebanon ; social norms …

that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of …) trust, or (3) integrity, foster economic growth. We construct data of economic performance of social groups in Lebanon …Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show …

. This study shows that institutions and trust can be replaced by integrity of the individual agents in the economy … contracts, and show that any one of (1) institutions, (2) trust, or (3) integrity, can foster economic growth, while the absence …Institutions are important for proper economic performance, but can be somewhat replaced by trust or other social norms …

that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of …) trust, or (3) integrity, foster economic growth. We construct data of economic performance of social groups in Lebanon …Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show …

This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust … and documents the substantial heterogeneity of trust across space and time. The conceptual mechanisms and the methods … employed to identify the causal impact of trust on economic performance are reviewed. We document the mechanisms of …

This survey reviews the recent research on trust, institutions, and economic development. It discusses the various … recent progress to identify how institutions and policies can affect trust. … measures of trust and documents the substantial heterogeneity of trust across space and time. The conceptual mechanisms that …

Over the last couple of decades, it has become a commonplace to claim that institutions matterʺ for economic … development. Yet, institutions are not exogenous but the result of hu-man action. It is argued here that the values and norms held … by substantial parts of society’s members are an important determinant of its institutions. It is further argued that …

. Given that successful economic development presupposes the congruence between formal institutions and social norms, this …

-colonial autocratic institutions within ethnic groups and the emergence of autocratic institutions across countries. Diversity has … amplified the importance of institutions in mitigating the adverse effects of non-cohesiveness on productivity, while … contributing to the scope for domination, leading to the formation of institutions of the autocratic type. …