Social institutions are the laws, informal rules, and conventions that give durable structure to social interactions within a population. Such institutions are typically not designed consciously, are heritable at the population level, are frequently but not always group benefi cial, and are often symbolically marked. Conceptualizing social institutions as one of multiple possible stable cultura...

We examine the impact of institutional quality and social capital on aid effectiveness. We find strong evidence that social capital and institutions enhance aid effectiveness. Moreover, once we account for the role of social capital and institutions, the impact of policies tend to disappear. These findings have important policy implications as they indicate that conditioning aid allocation on ‘...

We examine the impact of institutional quality and social capital on aid effectiveness. We find strong evidence that social capital and institutions enhance aid effectiveness. Moreover, once we account for the role of social capital and institutions, the impact of policies tend to disappear. These findings have important policy implications as they indicate that conditioning aid allocation on ‘...