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    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
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/6723
    Metadata
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    Thumbnail
    1458830335-3.Social_Cohesion_for_Economic_Growth.pdf (986.8Kb)
    Author
    Cilingir, Yasemin Satir
    Theme
    Poverty
    Finance
    Labor Migration
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise