Social capital: reviewing the concept and its policy implications

There is scope for Governments to take more account of social capital in policy development, according to this Commission study. This paper suggests that social capital generally brings social and economic benefits by reducing transaction costs, promoting cooperative behaviour, diffusing knowledge a...

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Bibliographic Details
Main Author: Productivity Commission (Author)
Format: Electronic Book
Language:English
Online Access: Volltext (kostenfrei)
Check availability: HBZ Gateway
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Summary:There is scope for Governments to take more account of social capital in policy development, according to this Commission study. This paper suggests that social capital generally brings social and economic benefits by reducing transaction costs, promoting cooperative behaviour, diffusing knowledge and innovations, and enhancing personal well-being.social capital - social policy - cohesion -norms - networks - trust