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Title: Social Economics and Social Capital
Contributor(s): Wallis, Joe L (author); Killerby, Paul (author); Dollery, Brian Edward  (author)
Publication Date: 2004
DOI: 10.1108/03068290410518238
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Abstract: This paper evaluates key developments in the social capital literature over the past decade. It then examines empirical work on the purported the link between social capital and economic performance. Although these results indicate that good governance and social cohesion make a measurable contribution to economic development, the offer little guidance for policy formulation. Early contributors to the social capital field were pessimistic about the ability of the state to stimulate social capital formation. More recently, there has been a groundswell of interest in the application of community development principles to foster social capital at the micro level. This paper incorporates a critical evaluation of the mainstream social capital literature from a social economics perspective. The various strands within the social economics tradition share a common concern with the "disembedding" of social context from mainstream economics.
Publication Type: Journal Article
Source of Publication: International Journal of Social Economics, 31(3), p. 239-258
Publisher: Emerald
Place of Publication: Northampton, UK
ISSN: 0306-8293
Field of Research (FOR): 140214 Public Economics- Publically Provided Goods
Socio-Economic Objective (SEO): 910299 Microeconomics not elsewhere classified
Peer Reviewed: Yes
HERDC Category Description: C1 Refereed Article in a Scholarly Journal
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