This article uses panel survey data for Cote d'Ivoire to investigate the determinants of welfare gains and losses of households over time. A first-difference model is estimated which takes account of initial conditions. For urban areas, it was found that human capital is not only a key...

The importance of social capital for sustainable development, is by now well recognized. Anthropologists, sociologists, political scientists, and economists have in their own ways, demonstrated the critical role of institutions, networks, and their supporting norms and values, for the success of...