Book Review: Social capital and economic development: well-being in developing countries

2003 ◽  
Vol 3 (4) ◽  
pp. 359-361
Author(s):  
Sara MacKian
2019 ◽  
pp. 128-134
Author(s):  
Ksenia V. Bagmet

The article provides an empirical test of the hypothesis of the influence of the level of economic development of the country on the level of development of its social capital based on panel data analysis. In this study, the Indices of Social Development elaborated by the International Institute of Social Studies under World Bank support are used as an indicators of social capital development as they best meet the requirements for complexity (include six integrated indicators of Civic Activism, Clubs and Associations, Intergroup Cohesion, Interpersonal Safety and Trust, Gender Equality, Inclusion of Minorities), comprehensiveness of measurement, sustainability. In order to provide an empirical analysis, we built a panel that includes data for 20 countries divided into four groups according to the level of economic development. The first G7 countries (France, Germany, Italy, United Kingdom); the second group is the economically developed countries, EU members and Turkey, the third group is the new EU member states (Estonia, Latvia, Lithuania, Romania); to the fourth group – post-Soviet republics (Armenia, Georgia, Russian Federation, Ukraine). The analysis shows that the parameters of economic development of countries cannot be completely excluded from the determinants of social capital. Indicators show that the slowdown in economic growth leads to greater cohesion among people in communities, social control over the efficiency of distribution and use of funds, and enforcement of property rights. The level of tolerance to racial diversity and the likelihood of negative externalities will depend on the change in the rate of economic growth. Also, increasing the well-being of people will have a positive impact on the level of citizens’ personal safety, reducing the level of crime, increasing trust. Key words: social capital, economic growth, determinant, indice of social development.


2013 ◽  
Vol 10 (1) ◽  
Author(s):  
Chaminda Nalaka Wickramasinghe ◽  
Nobaya Ahmad

Internet has been recognized as the world largest knowledge depositary. Therefore, there is overwhelming expectation over the Internet to be influenced the social and technological development of marginalized communities of less developed countries. However there were no published studies that investigate the nature of the innovation systems and the impact of internet on the inventors in developing countries. Therefore, the existing knowledge of how the internet usage of influence on social capital, connectedness, success and subjective well-being of inventive community in developing countries is vague. Present study explores the influence of the internet usage on social capital, community connectedness, inventive achievements and subjective well-being of the grassroots level inventive community of Sri Lanka. Findings suggest that internet has been significantly influenced on the social capital, connectedness and subjective well-being of grassroots level inventors in Sri Lanka. However, internet usage is not significantly influence on the objective inventive achievements of the inventors.


Author(s):  
Fauziah binti Ani

Many developing countries turn to women groups as a way to empower women of similar socioeconomic backgrounds. In this regard, this research was conducted to study the relationship between the level of participation, leadership, social capital, personal psychology and economic empowerment among members of women smallholder groups. A total of 433 members of women smallholder groups involved in economic development activities were selected from four Peninsular Malaysia states covering four regions: south, east, west, and north. Through utilizing questionnaires, the results of this analysis were obtained and analysed with the Pearson Product Moment Correlation -SPSS. The findings show that these four independent variables are related moderately and highly to economic empowerment. Based on the study findings, it is possible to improve the economic empowerment of women smallholder groups by paying attention to those four variables.  


Author(s):  
Nechad Dr. Abdelhamid

The article deals with analysis of the observations and results that point to the contrast between useful-based and resource-based approaches and the possibilities-based approach, founded by Amartya Sina (Nobel Prize in Economics in 1998). Thus, a possibilities-based approach seeks to remedy the situation by focusing on the ability to achieve specific goals rather than on the means. The nature of real existence has always been of interest to social thinkers for centuries. If the current criteria of economic progress, reflected in a number of ‘turnkey’ statistics, are orientated on the growth of inanimate "comfort objects" (such as GNP and GDP in the basis of countless economic development studies), this focus can only be justified by the impact of these objects on human lives (that they directly or indirectly affect). The interest in replacing them with direct indicators of the quality of life, well-being and freedom that people enjoy is becoming more and more apparent. The article is presented in two parts. In the first part, we will try to highlight the imperfections of traditional currency indicators, as well as the difficulties of measuring various aspects of poverty, especially in developing countries such as Morocco. We argue that poverty is not simply an idea of the inadequacy of an individual's economic means, but rather a fundamental shortcoming that entails deprivations. The second part of the paper focuses on the reorientation of ability to explain the extent to which a possibilities-based approach could be the basis for assessing the level of financial difficulties rather than resource-focused income and wealth.


2021 ◽  
Vol 16 (1) ◽  
pp. 134-150
Author(s):  
Saqib Amin

Purpose Diversity plays a vital role in the sustainable development of any country. Discrimination, segregation and bigotry are rampant causes of social evil and do great harm to our society. This study aims to investigate whether ethnic and religious diversity affects the country’s well-being or not, via a comparative analysis between developing and developed countries. Design/methodology/approach This study used a generalized method of moments technique for empirical analysis of 158 developing and developed countries. For measurement of ethnic and religious diversity, this study used ethnic fractionalization index of Alesina (2003). Findings The empirical findings indicate that ethnic and religious diversity both increases the economic prosperity for developed countries, and alternatively, it makes it more miserable for developing countries. This study suggests that organizing a diverse society is a difficult task; thus, developing countries need to promote a cohesive society like developed countries by providing equal, secure and peaceful opportunity to get fruitful results of diverse populations. Originality/value This study investigates a comparative analysis between developing and developed countries regarding impact of ethnic and religious diversity on economic development.


2021 ◽  
pp. 385-410
Author(s):  
Robert E.B. Lucas

The cumulative findings are summarized under five cross-cutting themes: rural-urban migration and urbanization; the role of rural-urban migration in economic development; the incidence and nature of temporary moves; the consequences of gender imbalance in migration; and implications for the structure and well-being of families. Also included are reflections on the complex range of policies that shape internal migration and the lack of coordination in planning. The desirability of intent to limit rural-urban migration is doubted, given the inexorability of structural transformation, potential gains to moving, and continuing threat from climate change. Planning for managed urban growth, which remains in its infancy in many developing countries, is vital. A closing postscript portrays populations as trapped between declining rural opportunities as climate change proceeds and COVID centered in cities. It is too early to predict how the dynamics of the pandemic will evolve, but climate change will not likely be contained.


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