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The Puzzle of Social Capital: A Critical Review

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  • Quibria, M.G.

Abstract

This expository note provides a critical review of the burgeoning literature on social capital and highlights a number of conceptual and empirical issues. First, the concept of social capital remains largely elusive, with many different ideas attached to it. This elusiveness has serious ramifications for empirical and policy analysis. Second, while the concept of social capital is used to highlight the positive, productive aspects of sociability, it fails in important ways to qualify as a form of capital. Third, there are both theoretical and empirical presumptions that social capital can lead to undesirable socioeconomic outcomes. Finally, a large body of empirical work on social capital remains mired in measurement and estimation problems.

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File URL: http://mpra.ub.uni-muenchen.de/2640/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 2640.

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Date of creation: 2003
Date of revision: 2003
Publication status: Published in Asian Development Review 2.20(2003): pp. 19-39
Handle: RePEc:pra:mprapa:2640

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Keywords: social capital; poverty; growth; socio-economic outcomes;

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Cited by:
  1. Sabatini, Fabio, 2007. "The Role of Social Capital in Economic Development," AICCON Working Papers, Associazione Italiana per la Cultura della Cooperazione e del Non Profit 43-2007, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
  2. Stanislaw Walukiewicz, 2011. "Measuring Social Capital and Proximimty," ERSA conference papers ersa10p309, European Regional Science Association.
  3. Marina Murat & Barbara Pistoresi & Alberto Rinaldi, 2011. "Transnational Social Capital And Fdi: Evidence From Italian Associations Worldwide," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, Chung-Ang Unviersity, Department of Economics, vol. 36(4), pages 1-15, December.
  4. Stanislaw Walukiewicz & Aneta Wiktorzak, 2011. "Social Capital in Education," ERSA conference papers ersa10p632, European Regional Science Association.
  5. Geys, Benny, 2007. "How to make head or tail of bridging and bonding? Adressing the methodological ambiguity," Discussion Papers, Research Unit: Market Processes and Governance SP II 2007-11, Social Science Research Center Berlin (WZB).
  6. Makela, Kristiina & Kalla, Hanna K. & Piekkari, Rebecca, 2007. "Interpersonal similarity as a driver of knowledge sharing within multinational corporations," International Business Review, Elsevier, vol. 16(1), pages 1-22, February.
  7. Adhikari, Krishna Prasad & Goldey, Patricia, 2010. "Social Capital and its "Downside": The Impact on Sustainability of Induced Community-Based Organizations in Nepal," World Development, Elsevier, vol. 38(2), pages 184-194, February.
  8. Sabatini, Fabio, 2005. "Social capital, labour precariousness and the economic performance. An empirical assessment of the strength of weak ties in Italy," AICCON Working Papers, Associazione Italiana per la Cultura della Cooperazione e del Non Profit 26-2005, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
  9. Fabio Sabatini, 2009. "The relationship between trust and networks. An exploratory empirical analysis," Economics Bulletin, AccessEcon, vol. 29(2), pages 661-672.

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