A Comprehensive Resource on Social Capital and Its Research. Introduction Definition Literature Conceptualisation Conclusions Further Research References Theory Dimensions Levels Types Determinants Benefits Downsides Conceptualisation Problems Approaches
Operationalisation Measurement Building 		Evolution Contemporary Authors Capital Debate Gender Issues NRM Summary
...proponents of the institutional view argue that the vitality of community networks and civil society is largely the product of the political, legal and institutional environment.

Institutional Approach to Social Capital Theory

Woolcock and Narayan (2000) identified that proponents of the institutional view argue that the vitality of community networks and civil society is largely the product of the political, legal and institutional environment.' The approach views social capital as a dependent variable where as the communitarian and networks perspectives largely treat social capital as an independent variable giving rise to various outcomes (Woolcock and Narayan 2000). Authors include Knack and Keefer (1995, 1997); Collier and Gunning (1999); Collier (1998, 2002); Rodrik (1998, 1999) and Easterly (2000). Woolcock and Narayan (2000, p. 235) identified that the very strength of the institutional view in addressing macroeconomic policy concerns, however, is also a weakness in that it lacks a microeconomic component.



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