Does Social Capital Contribute in the Economic Growth Process?
Kafoussias, Dionyssis
Abstract
Kafoussias, Dionyssis
Abstract
Countries that are laggards in terms of technology have a potential for generating growth more rapidly than that of countries that are forging ahead. If the social capabilities of the former are adequate and sufficiently developed the backwardness becomes a potential advantage which accelerates the process towards catching up.
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Countries that are laggards in terms of technology have a potential for generating growth more rapidly than that of countries that are forging ahead. If the social capabilities of the former are adequate and sufficiently developed the backwardness becomes a potential advantage which accelerates the process towards catching up.
Key concepts: Social capital, Process (computing), Economics, Economic system, Business, Computer science, Sociology, Social science