How Does Social Capital Enhancing Institutional Design Foster Political Decentralization? - A Comparative Study between Bangladesh and West Bengal

2010 ◽  
Author(s):  
Mohammad Shaiful Islam
2005 ◽  
Vol 7 (3) ◽  
pp. 217-219
Author(s):  
Jyoti Ratan Ghosh ◽  
Zahira Khatoon ◽  
Paramita Bhattacharjee ◽  
Arup Ratan Bandyopadhyay

2015 ◽  
Vol 2015 (5) ◽  
pp. 3-21
Author(s):  
Elena Nikishina

The paper deals with the concept of culture and cultural capital in the economic theory. The concept of culture is analyzed through the points of criticism of social capital by R.Solow. The paper suggests a refined definition of culture and cultural capital. Several ways of productive use of cultural capital are described. Among them: through reduction of uncertainty and transaction costs, through use of competitive advantages, based on culture and harmonization of formal and informal rules. The effect of cultural capital on bilateral trade through reduction in uncertainty and transaction costs is tested in the empirical part of the paper. A suggested approach to cultural capital, based on transaction costs theory can be useful for institutional design, and policy-advice, aiming at the increase in competitiveness of society and the efficiency of formal institutions.


2013 ◽  
Vol 225 (1) ◽  
Author(s):  
T. Jade Mohajerin ◽  
Andrew W. Neal ◽  
Katherine Telfeyan ◽  
Sankar M. Sasihharan ◽  
Sophie Ford ◽  
...  

Sign in / Sign up

Export Citation Format

Share Document