Question

who create institutions​

Answer 1

Answer:

We know that formal institutions are shaped by political choices. We also know that there are informal institutions, cultural and social norms that evolve through social interactions and changes in attitudes. ... Informal institutions influence the effectiveness of formal ones – and therefore their determinants

Answer 2

We know that formal institutions are shaped by political choices. We also know that there are informal institutions, cultural and social norms that evolve through social interactions and changes in attitudes. ... Informal institutions influence the effectiveness of formal ones – and therefore their determinants.