Social Capital and Well-Being in Times of Crisis

John Helliwell, Haifang Huang () and Shun Wang ()

Journal of Happiness Studies, 2014, vol. 15, issue 1, 145-162

Abstract: This paper attempts to show how the quality of the social fabric of a community or nation affects its capacity to deal with crises and to develop human and natural resources in ways that maintain and sustainably improve subjective well-being. Three types of crisis will be used as examples. These include economic crises; transition and other institutional crises; and conflicts over sustainable resource use. The bulk of the new results in this paper relate to economic crises and institutional transitions, and shows that communities and nations with better social capital and trust respond to crises and transitions more happily and effectively. Copyright Springer Science+Business Media Dordrecht 2014

Keywords: Subjective well-being; Happiness; Social capital; Economic crises; Transition; Sustainable development; Social context (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/s10902-013-9441-z

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