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Social Capital and Industrial Transformation

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Sanjaya Lall

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Abstract

This paper is an exploration of the social capital needs of industrial development. 'Social capital' attracts considerable attention in socio-political analysis and we are beginning to see its application to development economics. There has not, as far as I know, been any attempt to apply it to the determinants of successful industrialisation in the developing world. This essay is a preliminary sketch of the concepts rather than a report on research findings or a complete analysis with specific policy recommendations. Nevertheless, it illustrates the value and significance of bringing social capital concepts to bear on specific aspects of development

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Paper provided by Queen Elizabeth House, University of Oxford in its series QEH Working Papers with number qehwps84.

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Handle: RePEc:qeh:qehwps:qehwps84

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  1. Francis Fukuyama, 2000. "Social Capital and Civil Society," IMF Working Papers 00/74, International Monetary Fund.
  2. Mathews, John A., 2002. "The origins and dynamics of Taiwan's R&D consortia," Research Policy, Elsevier, vol. 31(4), pages 633-651, May. [Downloadable!] (restricted)
  3. Lall, Sanjaya & Teubal, Morris, 1998. ""Market-stimulating" technology policies in developing countries: A framework with examples from East Asia," World Development, Elsevier, vol. 26(8), pages 1369-1385, August. [Downloadable!] (restricted)
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