Social Capital, the Economy and Well-being
In this chapter, John Helliwell sets the scene for many of the papers that follow by providing an up-to-date and lucid survey of the literature on the impact of social capital on both the economy or economic performance and well-being. This latter term is closely related to the concept of social progress used in this volume. He begins by defining social capital as the networks and norms that facilitate cooperative activities within groups (bonding social capital) and between groups (bridging social capital). Helliwell documents a number of studies that show that social capital actually saves lives. He surveys the literature on subjective well-being, pointing out that unemployment lowers subjective well-being by more than the usual measure of economic cost and certainly more than inflation.
Authors: | Helliwell, John |
---|---|
Other Persons: | Sharpe, Andrew (contributor) ; Director, Executive (contributor) ; Keith Banting, Director (contributor) |
Institutions: | Center for the Study of Living Standards (CSLS) ; The Institutute for Research on Public Policy ; France St-Hilaire, Vice-President , Research (contributor) |
Subject: | Well-being | Wellbeing | Well Being | Social Progress | Social | Societal | Society | Values | Index | Indexes | Indices | Indicator | Indicators | Social Capital | Happiness | Life Satisfaction | Subjective Well-being | Subjective |
Saved in:
freely available
Saved in favorites
Similar items by subject
-
The Economy Through Public Lens: Shifting Canadian Views of the Economy
Graves, Frank,
-
Needs and Wants: What is Social Progress and How Should it be Measured
Osberg, Lars,
-
Literature Review of Frameworks for Macro-indicators
Sharpe, Andrew, (2004)
- More ...
Similar items by person