Abstract:Social capital is critical for economic development, especially in settings where institutions are absent or weak (Cardenas & Carpenter, 2008). Social capital, defined as "the social networks and the norms of reciprocity and trustworthiness that arise from (individuals)" (Putnam, 2000), is a theoretical construct that cannot be measured directly in its entirety, but rather its various elementary components need to be assessed. Recent literature has focused on two main components: structural and cognitive. The … Show more
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