Buch, Englisch, 224 Seiten, Format (B × H): 156 mm x 234 mm
The Parallel World
Buch, Englisch, 224 Seiten, Format (B × H): 156 mm x 234 mm
Reihe: Routledge Studies in Development Economics
ISBN: 978-0-415-83412-4
Verlag: Taylor & Francis Ltd
This new volume explores the issues surrounding this question, and attempts to find an answer to it, through an empirical study of seven low income Asian countries; the Philippines, Indonesia, Vietnam, Bhutan, Mongolia, Kyrgyzstan and Tajikistan. The combination of interview result and data analysis emphasises the value of social capital and human capital in achieving a positive outcome. Preserving assets like family bonds, community ties, traditional skills and certain traditional values not only substitutes financial spending, but also generates or reinforces spiritual values. The findings demonstrate costs and benefits as well as conditions regarding how social capital and human capital replace physical capital in production enhancement and in welfare improvement.