Social capital is a relatively new concept in the social sciences. In the last twenty or so years it has come to indicate that networks of social relationships represent a 'resource' for both the individual and society, since they provide support for the individual and facilitate collective action. Although this is not an entirely new idea, the more systematic way in which social capital captures such an intuition has created a new theoretical paradigm and helped to develop a series of innovative research programmes in politics, economics, and the study of human well-being. The concept has gained currency beyond academia, extending its influence to political and policy-making circles at local, national, and international levels. It has also affected the way in which social surveys are conceived and public policies assessed. As the idea of social capital has spread, the literature about it has increased exponentially. After twenty years of rapid expansion it is time for a more considered and critical assessment of how the original concept has been adapted and refined, and how successful its application has been. The Handbook of Social Capital intends to do precisely that. It offers a state-of-the-art view of discussions about the concept of social capital and the way in which it has been applied in empirical research. The organization of the Handbook reflects this intention by focusing on conceptual development and analysis in the first part; by identifying two main areas of research in which social capital has favoured the development of new and influential research programmes - political participation in democratic societies, and economic development; and by exploring the more normative and policy oriented consequences of social capital. All chapters comprising the volume were specifically written for the Handbook by some of the main experts in the fields. The book provides authoritative and innovative introduction to the study of social capital.

Social capital is a relatively new concept in the social sciences. In the last twenty or so years it has come to indicate that networks of social relationships represent a 'resource' for both the individual and society, since they provide support for the individual and facilitate collective action. Although this is not an entirely new idea, the more systematic way in which social capital captures such an intuition has created a new theoretical paradigm and helped to develop a series of innovative research programmes in politics, economics, and the study of human well-being. The concept has gained currency beyond academia, extending its influence to political and policy-making circles at local, national, and international levels. It has also affected the way in which social surveys are conceived and public policies assessed. As the idea of social capital has spread, the literature about it has increased exponentially. After twenty years of rapid expansion it is time for a more considered and critical assessment of how the original concept has been adapted and refined, and how successful its application has been. The Handbook of Social Capital intends to do precisely that. It offers a state-of-the-art view of discussions about the concept of social capital and the way in which it has been applied in empirical research. The organization of the Handbook reflects this intention by focusing on conceptual development and analysis in the first part; by identifying two main areas of research in which social capital has favoured the development of new and influential research programmes - political participation in democratic societies, and economic development; and by exploring the more normative and policy oriented consequences of social capital. All chapters comprising the volume were specifically written for the Handbook by some of the main experts in the fields. The book provides authoritative and innovative introduction to the study of social capital.

Given the current global economic crisis that has its root causes in the psychology of the marketplace every bit as much as any other factor, the Handbook of Social Capital is timely, insightful, informed, informative, thoughtful and thought-provoking reading. . . A compilation of impressive and extensive scholarship, the Handbook of Social Capital is strongly recommended for academic and professional library reference collections. Library Bookwatch, Midwest Book Review The Handbook of Social Capital offers an important contribution to the study of bonding and bridging social capital networks, balancing the troika of sociology, political science and economics. Eminent contributors, including Nobel Prize winner Elinor Ostrom, explore the different scientific approaches required if international research is to embrace both the bright and the more shadowy aspects of social capital. The Handbook stresses the importance of trust for economies all over the world and contains a strong advocacy for cross-disciplinary work within the social sciences. Social capital is becoming one of the most important and hotly discussed topics of today. This inter-disciplinary Handbook intends to serve as a bridge for students and scholars across the social sciences.

In this book, Sten Widmalm adopts comparative and empirical approaches to examine how decentralization is connected to social capital and corruption. Using evidence from in-depth field studies in Madhya Pradesh and Kerala, and analyzing it against historical cases from around the world, he presents theoretical perspectives and policy suggestions. Widmalm’s journey takes him to ancient Rome, Greece and India, as well as to the West, China, Latin America, and Russia of more recent times.

Building upon the extensive and expansive tradition of research on social capital and inequality, this Handbook summarizes current social capital research and showcases cutting-edge applications. It highlights the major theoretical and methodological advancements in the field and provides a comprehensive review of the diversity of research on social capital and its relationship with the creation and maintenance of different forms of inequality.

Natural Disasters as a Catalyst for Social Capital examines the vastly under-explored link between natural disasters and social capital in regards to the unprecedented June 2008 flood in Cedar Rapids, Iowa. In-depth qualitative interviews with flood victims and key informants in Cedar Rapids reveal that a resident’s perception of social capital after a natural disaster is shaped by their vulnerabilities and social mobility, which vary substantially and need to be understood contextually. This book, in highlighting the enormous impact of one disaster in a mid-sized Midwestern city, offers a framework for a new theory for why social capital shifts in societies from one generation to another: the transformative impact of shared traumas.

Providing practical recommendations for leveraging social capital for social good, this is a valuable, thought-provoking and timely exploration of the multifaceted concept of social capital in the context of the digital revolution.