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Social Ties and Economic Performance (Paperback, Softcover reprint of the original 1st ed. 1997)
Loot Price: R2,789
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Social Ties and Economic Performance (Paperback, Softcover reprint of the original 1st ed. 1997)
Series: Theory and Decision Library C, 14
Expected to ship within 10 - 15 working days
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This volume focuses on the social impact of the public sector on
the performance of the private sector, especially in the long term.
It presents a model of the formation of social ties by economic
interaction and uses this to explore the relevance of social ties
and their dynamics for economic performance. The impact of public
provision and stochastic migration on social ties and the (total)
provision level of the public good are also examined. It discusses
the role of social ties in other types of interaction, and proposes
definitions of social capital and infrastructure. Furthermore, it
contains a discussion of the connections between the different
conceptions of these terms. Also the effects of social ties and the
influence of different types of public intervention on growth are
examined. The assumption of exogenously determined, stochastic
migration is dropped, and migration behavior is analyzed
explicitly. In this theoretical investigation of the dynamics of
social ties and economic interaction a number of important effects
on economic performance will be suggested.
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