The significance and impact of social capital on the local development  Cover Image

Znaczenie i wpływ kapitału społecznego na rozwój lokalny
The significance and impact of social capital on the local development

Author(s): Piotr Paczóski
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: capital; society; development; government; economy

Summary/Abstract: Local development is a complex process being a result of many factors. One of them is social capital. It determines the efficiency of the market. Regardless of the type and place of occurrence, it is one of the most important factors of local development. Such a perception means the correct direction of perception of the economy, society and consequently widely understood economy. The issue of social capital has been since the dawn of history in the philosophy of the world, at the same time acting in the foundations of many hypotheses and disseminations of that term in the language of economists. Social capital brings a lot of good to a state, provided the proper management and a rapidly growing economy. However, its negative dimension, which can have a devastating impact on local development, should not be underestimated.

  • Issue Year: 2015
  • Issue No: 391
  • Page Range: 229-238
  • Page Count: 10
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