Development and social capital
Abstract
This paper examines social capital and its relation with economic development. We focus on the role that interpersonal relationships play in social exchange, whether through the market or through the provision of public goods. By facilitating search and trust, social capital can increase the efficiency of social exchange where formal institutions are weak. But the benefits from social capital are likely to be unequally distributed. Given these features, documenting empirically the benefits of social capital is complicated by the presence of negative and positive externalities and by the existence of leadership and group effects. Lessons for development policy are drawn at the end.Download Info
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Bibliographic Info
Article provided by Taylor and Francis Journals in its journal Journal of Development Studies.
Volume (Year): 42 (2006)
Issue (Month): 7 ()
Pages: 1180-1198
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Sabatini, Fabio, 2009. "Social capital as social networks: A new framework for measurement and an empirical analysis of its determinants and consequences," The Journal of Socio-Economics, Elsevier, vol. 38(3), pages 429-442, June.
- Cassar, Alessandra & Friedman, Daniel & Schneider, Patricia Higino, 2009. "Cheating in markets: A laboratory experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 240-259, October.
- Yamamura, Eiji, 2010.
"The role of social trust in reducing long-term truancy and forming human capital in Japan,"
MPRA Paper
23759, University Library of Munich, Germany.
- Yamamura, Eiji, 2011. "The role of social trust in reducing long-term truancy and forming human capital in Japan," Economics of Education Review, Elsevier, vol. 30(2), pages 380-389, April.
- Yamamura, Eiji, 2010. "The role of social trust in reducing long-term truancy and forming human capital in Japan," MPRA Paper 26407, University Library of Munich, Germany.
- Aida, Takeshi, 2011. "Social Capital as an Instrument for Common Pool Resource," Working Papers 33, JICA Research Institute.
- Nathan Nunn & Leonard Wantchekon, 2011.
"The Slave Trade and the Origins of Mistrust in Africa,"
American Economic Review,
American Economic Association, vol. 101(7), pages 3221-52, December.
- Nathan Nunn & Leonard Wantchekon, 2009. "The Slave Trade and the Origins of Mistrust in Africa," NBER Working Papers 14783, National Bureau of Economic Research, Inc.
- Muto, Megumi, 2009. "The impacts of mobile phone coverage expansion and personal networks on migration: evidence from Uganda," 2009 Conference, August 16-22, 2009, Beijing, China 51898, International Association of Agricultural Economists.
- Özcan, Burcu & Bjørnskov, Christian, 2011. "Social trust and human development," The Journal of Socio-Economics, Elsevier, vol. 40(6), pages 753-762.
- Gubert, Flore & Fafchamps, Marcel, 2007.
"The Formation of Risk Sharing Networks,"
Open Access publications from Université Paris-Dauphine
urn:hdl:123456789/4392, Université Paris-Dauphine.
- Fafchamps, Marcel & Gubert, Flore, 2007. "The formation of risk sharing networks," Journal of Development Economics, Elsevier, vol. 83(2), pages 326-350, July.
- Marcel Fafchamps & Flore Gubert, 2005. "The Formation of Risk Sharing Networks," Working Papers DT/2005/13, DIAL (Développement, Institutions et Mondialisation).
- A. Lasagni & E. Lollo, 2011. "Participation in Rotating Savings and Credit Associations in Indonesia: New Empirical Evidence on Social Capital," Economics Department Working Papers 2011-EP05, Department of Economics, Parma University (Italy).
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