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Social Capital and the Quality of Economic Development

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Author Info
Fabio Sabatini

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Abstract

There is a surprising gap in the economic literature on social capital. First, we lack studies addressing the effects of social capital on those facets of development that can contribute in making growth more sustainable in the long run, like, for example, human development and social cohesion. Second, it is still unclear what type of networks may exert a positive effect on the different dimensions of development. In particular, the literature has not yet provided a rigorous assessment of the role of strong family ties, that are generally referred to as a form of bonding social capital causing backwardness. This paper investigates the relationship between the three types of social capital so far identified by the literature (i.e. bonding, bridging and linking), and the "quality" of economic development, as expressed by human development and an index of social well-being summarizing the state of health of urban ecosystems, public services, gender equality, and labour markets. Copyright 2008 The Authors. Journal compilation 2008 Blackwell Publishing Ltd.

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File URL: http://www.blackwell-synergy.com/links/doi/10.1111/j.1467-6435.2008.00413.x
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Publisher Info
Article provided by Blackwell Publishing in its journal Kyklos.

Volume (Year): 61 (2008)
Issue (Month): 3 (08)
Pages: 466-499
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Handle: RePEc:bla:kyklos:v:61:y:2008:i:3:p:466-499

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  1. Angelo Antoci & Fabio Sabatini & Mauro Sodini, 2009. "The fragility of social capital," Department of Economics University of Siena 551, Department of Economics, University of Siena. [Downloadable!]
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  2. Fabio Sabatini, 2009. "Does social capital create trust? Evidence from a community of entrepreneurs," Department of Economics University of Siena 552, Department of Economics, University of Siena. [Downloadable!]
    Other versions:
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