Social Capital, Inequality, and Economic Crisis

Thorvaldur Gylfason

Challenge, 2015, vol. 58, issue 4, 326-342

Abstract: Economic growth is produced in part by the accumulation of different kinds of capital, including social capital in its several forms. If such capital depreciates, including social capital, the economy can be undermined and financial and economic crises can follow. The author compares experiences in the United States to those in Sweden and Iceland to draw useful lessons.

Date: 2015
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DOI: 10.1080/05775132.2015.1067485

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