Trust, Social Capital, and Economic Development

Trust, Social Capital and Economic Development∗†

Many argue that elements of a society’s norms, culture or social capital are central to understanding its development. However, these notions have been difficult to capture in economic models. Here we explore a possible role for ‘trustworthiness’ as corresponding to social capital. Individuals are trustworthy when they perform in accordance with promises, even if this does not maximize their pa...

Social Development Strategy Social Capital, Trust, and Development

Social Capital, Economic Growth and Regional Development

SRIYA IYER*, MICHAEL KITSON† and BERNARD TOH‡ *Faculty of Economics and St Catharine’s College, University of Cambridge, Cambridge CB3 9DD, UK. Email: [email protected] †Judge Business School and St Catharine’s College, University of Cambridge, Cambridge CB2 1AG, UK. Email: [email protected] ‡Department of Economics, University of Warwick, Coventry CV4 7AL, UK. Email: bernard.toh@g...

Race, trust and social capital

Interacted and Dynamic Effects between Social Capital and Economic Development: the Case of Iran (1989-2006)

 In this paper, a version of the Vector Auto Regression (VAR) model has been used to investigate the interacted and dynamic effects between social capital and economic development in Iran during the period 1987-2006. To this purpose, variables of human capital, health and income distribution have been considered as the proxies of economic development. In addition, the volume of risky bank chequ...