“…Political institutions include governments and the constraints they impose on key economic actors. They govern the rules and enforcement of tax rates, tariffs, investment incentives regulations Laportal [33,34], restrictions on foreign ownership [35], government protection [36], labor relations, minimum wage [37], and environmental regulations [38]. Social institutions, meanwhile, are embodied in differences in work ethic (Weber attitudes toward work [33,39] beliefs concerning the basis of productivity [40], and productive capacity, and are the normative and cognitive bases for social exchange [41].…”