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Social capital, civil society and development

Social capital, civil society and development Social capital is an instantiated informal norm that promotes co-operation between individuals. In the economic sphere it reduces transaction costs and in the political sphere it promotes the kind of associational life which is necessary for the success of limited government and modern democracy. While it often arises from iterated Prisoner's Dilemma games, it also is a byproduct of religion, tradition, shared historical experience and other types of cultural norms. Thus, while awareness of social capital is often critical for understanding development, it is difficult to generate through public policy. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Third World Quarterly Taylor & Francis

Social capital, civil society and development

Third World Quarterly , Volume 22 (1): 14 – Feb 1, 2001
14 pages

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References (30)

Publisher
Taylor & Francis
Copyright
Copyright Taylor & Francis Group, LLC
ISSN
1360-2241
eISSN
0143-6597
DOI
10.1080/713701144
Publisher site
See Article on Publisher Site

Abstract

Social capital is an instantiated informal norm that promotes co-operation between individuals. In the economic sphere it reduces transaction costs and in the political sphere it promotes the kind of associational life which is necessary for the success of limited government and modern democracy. While it often arises from iterated Prisoner's Dilemma games, it also is a byproduct of religion, tradition, shared historical experience and other types of cultural norms. Thus, while awareness of social capital is often critical for understanding development, it is difficult to generate through public policy.

Journal

Third World QuarterlyTaylor & Francis

Published: Feb 1, 2001

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