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.
- Communitarian Approach to Social Capital Theory
- Institutional Approach to Social Capital Theory
- Network Approach to Social Capital Theory
- Synergy Approach to Social Capital
Citing this article
This article is part of a thesis submitted to the University of Queensland, Australia. You should reference this work as:
Claridge, T., 2004. Social Capital and Natural Resource Management: An important role for social capital? Unpublished Thesis, University of Queensland, Brisbane, Australia.
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