Social Cohesion for Economic Growth

Abstract

The extensive literature on the impact of social cohesion on growth notes that social cohesion implies the intensification of the cooperation between ethnic, religious and other groups of identity. Its presence necessitates the prevalence of norms in labor and capital markets as well as in the education system preventing discrimination based on class differences. This article will outline how and why growth will be higher in societies where people work and produce together and enjoy equal rights despite their different social identities.