Institutional trust is one of the key dimensions of trust in society that demonstrates how people perceive institutions and how well they are operating. Building or maintaining institutional trust is of vital importance in democratic societies since negative experiences with government or other...

Over the last couple of decades, it has become a commonplace to claim that institutions matterʺ for economic development. Yet, institutions are not exogenous but the result of hu-man action. It is argued here that the values and norms held by substantial parts of society’s members are an...