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Social Capital And Economic Development


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The book is carefully edited and thoughtfully arranged. . . – Robert Tripp, Development Policy Review This book would well serve an introductory course on development economics, to ensure that students do not lose sight of the value of families, friendships, culture, civic society, and social virtues for the well-being of peoples. Often, such things get left out because the do not fit into the working model. the essays in this volume seek to make room in the model. – Raymond J. de Souza, Markets & Morality Since the mid 1990s, theoretical and empirical research on how social capital affects well-being has blossomed in the field of economic development. Based on noted theoretical and empirical work in other social sciences, this concept is now becoming a vital new tool for economists. 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. the book includes a comparison of experimental and empirical evidence on social capital and a range of field-based evidence, from environmental to cultural to nation-building and on how investment in social capital can improve well-being. the contributions are from leading development economists as well as non-economic social scientists with expertise in this field.


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