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The Capitals of Nations - The Role of Human, Social, and Institutional Capital in Economic Evolution | Oxford Scholarship Online
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The Capitals of Nations: The Role of Human, Social, and Institutional Capital in Economic Evolution

Dr Lalita Som

Abstract

Theories of economic growth focused on physical capital and its diffusion till the 1950s. Since then, increasing attention has been paid to the role and utility of knowledge, human capital, governance, institutions, and social capital as critical dimensions in determining economic growth and evolution. Focusing on the three forms of intangible capital—human, social, and institutional capital—this book looks at their dynamic linkages as crucial determinants of economic growth and their significance in the process of economic evolution. The book brings out this linkage at the macro level through ... More

Keywords: human capital, social capital, institutional capital, China, economic evolution, manufacturing, India and IT, Japan, growth experience, Industrial Revolution, theory of the firm

Bibliographic Information

Print publication date: 2014 Print ISBN-13: 9780199452736
Published to Oxford Scholarship Online: December 2014 DOI:10.1093/acprof:oso/9780199452736.001.0001

Authors

Affiliations are at time of print publication.

Dr Lalita Som, author
Organisation for Economic Co-operation and Development