By Christiaan Grootaert, Thierry van Bastelaer, Robert Puttnam
Formerly the function of social capital - outlined because the associations and networks of relationships among humans, and the linked norms and values - in courses of poverty relief and improvement has risen to huge prominence. even supposing improvement practitioners have lengthy suspected that social capital does impact the potency and caliber of such a lot improvement techniques, this publication presents the rigorous empirical effects had to ascertain that impact and translate it into potent and educated policymaking. it really is in response to a wide quantity of accrued information, depending both on quantitative and qualitative examine methodologies to set up techniques for measuring social capital and its influence. The e-book records the pervasive position of social capital in accelerating poverty relief and rural improvement, facilitating the supply of products and companies, and easing political transition and restoration from civil conflicts.
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Additional info for The role of social capital in development : an empirical assessment
The study also concludes that federations constitute an important Introduction and overview 13 form of social capital that can be induced and reinforced by purposeful forms of external intervention. The requisite strategy involves building on existing or latent social resources, and ﬁnding incentives of common interest. The key to success is the simultaneous strengthening of the internal capacity of the federations and the forging of effective links with external actors (government, churches, or NGOs).
Participants learn to trust not just other choir members but other members of society as well. Putnam’s amateur choir thus creates three types of externalities: externalities to people who get to sing in the choir, externalities to choir members Social capital and poverty 21 who beneﬁt from the mutual trust created among members by repeated social interaction, and externalities conferred on nonmembers by a generalization of the trust created by the choir. None of these features on its own is sufﬁcient for a sensible deﬁnition of social capital.
It is useful to denote these four forms of social interaction as SIo , SIn , SIh , and SIc . Three types of externalities are generated by social interaction. Two of these – knowledge about the behavior of other agents and knowledge about the nonbehavioral environment – are knowledge externalities, but they are so different that it is worth keeping them distinct. 1 this externality is referred to as opportunism). 1 this externality is referred to simply as knowledge). The third externality is the beneﬁts of collective action that overcomes the free-rider problem.
The role of social capital in development : an empirical assessment by Christiaan Grootaert, Thierry van Bastelaer, Robert Puttnam