Social Capital and Civil Society

Social capital is an instantiated informal norm that promotes cooperation between individuals. In the economic sphere it reduces transaction costs, and in the political sphere it promotes the kind of associational life that is necessary for the success of limited government and modern democracy. Alt...

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Bibliographic Details
Main Author: Fukuyama, Francis
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2000
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Social Capital and Civil Society  |c Francis Fukuyama 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2000 
300 |a 18 pages 
651 4 |a United States 
653 |a Web: Social Media 
653 |a Institutional Investors 
653 |a Economic Sociology 
653 |a Shadow Economy 
653 |a Stocks 
653 |a Pension Funds 
653 |a Language 
653 |a Labour; income economics 
653 |a Human capital 
653 |a Technology 
653 |a Financial institutions 
653 |a Formal and Informal Sectors 
653 |a Financial Instruments 
653 |a Economic Anthropology 
653 |a Skills 
653 |a Economic sectors 
653 |a Civics and Citizenship 
653 |a Labor 
653 |a Education 
653 |a Labor Productivity 
653 |a Institutional Arrangements 
653 |a Non-bank Financial Institutions 
653 |a Social and Economic Stratification 
653 |a Social networks 
653 |a Education: General 
653 |a Labor Economics: General 
653 |a Investments: Stocks 
653 |a Civil service & public sector 
653 |a Macroeconomics 
653 |a Occupational Choice 
653 |a Social media; social networking 
653 |a Investment & securities 
653 |a Human Capital 
653 |a Labor economics 
653 |a Civil society 
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989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
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520 |a Social capital is an instantiated informal norm that promotes cooperation between individuals. In the economic sphere it reduces transaction costs, and in the political sphere it promotes the kind of associational life that is necessary for the success of limited government and modern democracy. Although social capital 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 whereas awareness of social capital is often critical for understanding development, it is difficult to generate through public policy