Trust Social Capital And Economic Development
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Trust Social Capital And Economic Development
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Author : Patrick Francois
language : en
Publisher:
Release Date : 2005
Trust Social Capital And Economic Development written by Patrick Francois and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with categories.
Many argue that elements of a society's norms, culture or social capital are central to understanding its development. However, these notions have been difficult to capture in economic models. Here, we argue that trustworthiness is the economically relevant component of a society's culture and, hence, comprises its social capital. Individuals are trustworthy when they perform actions they have promised, even if these do not maximize their payoffs. The usual focus on incentive structures in motivating behaviour plays no role here. Instead, we emphasize more deep-seated modes of behaviour and consider that trustworthy agents are socialized to act as they do. To model this socialization, we borrow from a relatively new process of preference evolution pioneered by Bisin and Verdier (2001). The model developed endogenously accounts for social capital and explores its role in the process of economic development. It captures in a simple, formal way the interaction between social capital and the economy's productive process. The results obtained caution against rapid reform, provide an explanation for why late developing countries cannot easily transplant the modes of production that have proved useful in the West, and suggest an explanation for the pattern of reform experiences in ex-communist countries.
Trust Ing In Europe
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Author : Elias Papaioannou
language : en
Publisher: Wilfried Martens Centre for European Studies
Release Date : 2013-06-17
Trust Ing In Europe written by Elias Papaioannou and has been published by Wilfried Martens Centre for European Studies this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-17 with Political Science categories.
PDF available for free on http://martenscentre.eu/publications/trusting-europe-how-increased-social-capital-can-contribute-economic-development This report surveys recent works in political economy showing that trust and civic capital more generally matter for various aspects of economic well-being and presents new evidence from European countries showing that trust has deteriorated considerably in those European countries that have been affected the most by the ongoing economic downturn. We also discuss policy recommendations. The key message is that because trust and social capital matter crucially for economic and institutional development, countries must both monitor developments closely and pursue policies that cultivate civic social capital. Given strong inertia, changing people's beliefs and promoting civic engagement will not occur overnight. Targeted policies can increase civicness and promote social capital considerably. First, promoting education seems crucial as, a higher level of education cultivates social capital. Second, countries where primary and secondary education are based on lecturing and memorising, should alter the curriculum towards more group activities, team projects, and critical thinking based on a dialectic method. Third, policymakers should continue promoting the outward orientation of the economy and the removal of administrative barriers to entry that fuel corruption and impede competition.
Social Capital And Economic Development
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Author : Jonathan Isham
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-01-01
Social Capital And Economic Development written by Jonathan Isham and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-01-01 with Political Science categories.
The chapters in this volume explore the challenges and opportunities raised by this concept for researchers, practitioners and teachers. Social Capital and Economic Development is based upon a consistent, policy-based vision of how social capital affects well-being in developing countries.
Social Capital
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Author : Partha Dasgupta
language : en
Publisher: World Bank Publications
Release Date : 2000
Social Capital written by Partha Dasgupta and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Political Science categories.
This book contains a number of papers presented at a workshop organised by the World Bank in 1997 on the theme of 'Social Capital: Integrating the Economist's and the Sociologist's Perspectives'. The concept of 'social capital' is considered through a number of theoretical and empirical studies which discuss its analytical foundations, as well as institutional and statistical analyses of the concept. It includes the classic 1987 article by the late James Coleman, 'Social Capital in the Creation of Human Capital', which formed the basis for the development of social capital as an organising concept in the social sciences.
Growing Apart Losing Trust The Impact Of Inequality On Social Capital
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Author : Eric D Gould
language : en
Publisher: International Monetary Fund
Release Date : 2016-08-22
Growing Apart Losing Trust The Impact Of Inequality On Social Capital written by Eric D Gould and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-22 with Business & Economics categories.
There is a widespread perception that trust and social capital have declined in United States as well as other advanced economies, while income inequality has tended to increase. While previous research has noted that measured trust declines as individuals become less similar to one another, this paper examines whether the downward trend in social capital is responding to the increasing gaps in income. The analysis uses data from the American National Election Survey (ANES) for the United States, and the European Social Survey (ESS) for Europe. Our analysis for the United States exploits variation across states and over time (1980-2010), while our analysis of the ESS utilizes variation across European countries and over time (2002-2012). The results provide robust evidence that overall inequality lowers an individual’s sense of trust in others in the United States as well as in other advanced economies. These effects mainly stem from residual inequality, which may be more closely associated with the notion of fairness, as well as inequality in the bottom of the distribution. Since trust has been linked to economic growth and development in the existing literature, these findings suggest an important, indirect way through which inequality affects macro-economic performance.
The Handbook Of Social Capital
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Author : Dario Castiglione
language : en
Publisher: OUP Oxford
Release Date : 2008-04-17
The Handbook Of Social Capital written by Dario Castiglione and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-17 with Political Science categories.
Social capital is a relatively new concept in the social sciences. In the last twenty or so years it has come to indicate that networks of social relationships represent a 'resource' for both the individual and society, since they provide support for the individual and facilitate collective action. Although this is not an entirely new idea, the more systematic way in which social capital captures such an intuition has created a new theoretical paradigm and helped to develop a series of innovative research programmes in politics, economics, and the study of human well-being. The concept has gained currency beyond academia, extending its influence to political and policy-making circles at local, national, and international levels. It has also affected the way in which social surveys are conceived and public policies assessed. As the idea of social capital has spread, the literature about it has increased exponentially. After twenty years of rapid expansion it is time for a more considered and critical assessment of how the original concept has been adapted and refined, and how successful its application has been. The Handbook of Social Capital intends to do precisely that. It offers a state-of-the-art view of discussions about the concept of social capital and the way in which it has been applied in empirical research. The organization of the Handbook reflects this intention by focusing on conceptual development and analysis in the first part; by identifying two main areas of research in which social capital has favoured the development of new and influential research programmes - political participation in democratic societies, and economic development; and by exploring the more normative and policy oriented consequences of social capital. All chapters comprising the volume were specifically written for the Handbook by some of the main experts in the fields. The book provides authoritative and innovative introduction to the study of social capital.
Trust Social Capital And Economic Development
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Author : Patrick François
language : en
Publisher:
Release Date : 2003
Trust Social Capital And Economic Development written by Patrick François and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.
Social Capital
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Author : Partha Dasgupta
language : en
Publisher: World Bank Publications
Release Date : 2000
Social Capital written by Partha Dasgupta and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.
It is an outgrowth of a workshop, held at the World Bank in April 1997, which was devoted to exploring the concept of social capital through a multidisciplinary forum."--BOOK JACKET.
Social Capital And Economic Development
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Author : Patrick François
language : en
Publisher: Routledge
Release Date : 2002-07-25
Social Capital And Economic Development written by Patrick François and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-07-25 with Business & Economics categories.
This immensely readable book by Patrick François provides an original insight into the increasingly fashionable topic that is social capital. In a unique, original study, the author emphasises trustworthiness as a vital feature of social capital and argues that standard economic treatments of this phenomenon are inadequate. The book's richer
Social Capital Human Capital And Economic Development Theoretical Model And Empirical Analyses
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Author : Youyou Baende Bofota
language : en
Publisher: Presses univ. de Louvain
Release Date : 2012-12-10
Social Capital Human Capital And Economic Development Theoretical Model And Empirical Analyses written by Youyou Baende Bofota and has been published by Presses univ. de Louvain this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-10 with Business & Economics categories.
This thesis follows the literature on social capital. Specifically, this research is an exploration of the impact of social capital on socioeconomic outcomes such as education and economic growth. It is argued that social capital impacts economic growth.