The Impact of Social Capital on Vietnam Rural Economic Development

Tran Phuong Anh

Business and Economic Research, 2024, vol. 14, issue 2, 128-138

Abstract: Social capital is always considered as an important resource in the development process. In each nation, social capital shows different characteristics; as a result, these differences create varieties in both styles' lives and social relationships. Usually, social capital is traditionally studied in the sociology field; however, this research will examine it from an economic perspective; and focus to discourse on social capital within the context of economic development in rural areas in Vietnam - a middle-income developing country. Through the author's practical experiences in 6 rural areas in northern Vietnam, combined with in-depth interviews with farmers in these 6 regions and official statistical data from state agencies, the article has synthesized and summarized and pointed out the impact of social capital on Vietnam's rural economic development.

Date: 2024
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