Social Cohesion for Economic Growth
Cilingir, Yasemin Satir | February 2016
Abstract
The lack of social cohesion also makes a society more vulnerable to social conflicts, violence and separatist movements. For instance, Foa (2011) compares the social cohesion index calculated for 1990 with the duration of and the number of casualties in civil conflicts between 1991 and 2008. Accordingly, a 1 unit decrease in social cohesion corresponds to a rise of 4.5 years in the average duration of conflicts and a respective increase in the number of casualties. In sum, when civil conflict starts, its duration and ferocity are determined by the social cohesion and resistance at the time of the conflict. Academic research has proven the negative impact of social conflicts, terrorism and class struggles on capital formation and economic growth. Violence among groups tends to destroy a country’s physical and human capital, leads to brain drain and alienates foreign investment. Collier (1999) estimates the economic cost of one year of civil war as an average loss of 2.2 % in growth. Therefore social cohesion, which shortens the resilience process during civil conflicts, is important to prevent the destruction of social capital.
Citation
Cilingir, Yasemin Satir. 2016. Social Cohesion for Economic Growth. © Economic Policy Research Foundation of Turkey. http://hdl.handle.net/11540/6723.Keywords
Development Indicators
Environmental Indicators
Economic Indicators
Educational Indicators
Demographic Indicators
Health Indicators
Disadvantaged Groups
Low Income Groups
Socially Disadvantaged Children
Rural Conditions
Rural Development
Social Conditions
Urban Development
Urban Sociology
Pension Funds
Mutual Funds
Social Equity
Financial Aspects
Fiscal Policy
Alleviating Poverty
Anti-Poverty
Extreme Poverty
Fight Against Poverty
Global Poverty
Health Aspects Of Poverty
Indicators Of Poverty
Participatory Poverty Assessment
Poverty Eradication
Poverty Analysis
Poverty In Developing Countries
Poverty Reduction Efforts
Urban Poverty
Public Financial Management
Financial System
Financial Statistics
Poor
Economic forecasting
Health expectancy
Social groups
Political participation
Distribution of income
Inequality of income
Developing countries
Rural community development
Mass society
Social change
Social policy
Social stability
Population
Sustainable development
Peasantry
Urban policy
Urban renewal
Pension plans
Individual retirement accounts
Employee pension trusts
Investment management
Investments
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