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This paper briefly examines how social capital affects overall economic growth processes and individual firm development, both positively and negatively, in low- and middle-income countries. The paper discusses how the concept of social capital is related to simple economic growth models and to...
Persistent link: https://www.econbiz.de/10005476422
The collection, primary processing, and subsequent sale of shea-based products make an important contribution to rural women’s cash income in many of Mali’s shea producing areas. Internationally, shea has recently become popular in high-valued cosmetics thanks to its therapeutic...
Persistent link: https://www.econbiz.de/10004973992
This paper summarizes the current state of the social capital paradigm from the viewpoint of the authors. The paper presents and defends a social capital definition based on sympathetic relationships. The paper also summarizes an expanded set of rational preferences that depend on social...
Persistent link: https://www.econbiz.de/10005514063
Social capital in the past two decades has emerged as a dominant paradigm in the various social science disciplines. However, its adoption by the different social science disciplines has led to multiple and often conflicting definitions of social capital. Some differences in the definition of...
Persistent link: https://www.econbiz.de/10005514085
The paper develops a dynamic general-equilibrium model of Schumpeterian growth which is fueled by industrial and agricultural R&D. The former is private and results in better production processes, whereas the latter is government-financed (public and applied) R&D and generates better crop...
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