Social Cohesion; Origins of Economic Development

Document Type : Article extracted from plan or project (by ordering the organization or department, etc.)

Authors

1 Professor of Economic, Faculty of Economics, Tehran University, Tehran, Iran.

2 Assistant Professor in Economics, Department of Economics, University of Mazandaran, Babolsar, Iran.

Abstract

The importance of Institutions in economic development have been confirmed by all economists in the manner that the question before policy makers therefore is no longer "do institutions matter?” but “which institutions matter and how does one acquire them?” So the purpose of this paper is to analysis what kind of social orders is need to institutional changes and economic development. In this direction, social cohesion due to increasing capacity and capability of society through setting shared mental model in society is known as a necessary condition for economic development. Social Cohesion is the situation which all elements of society be joined in a manner that makes an effective union. In other words, Societies with high social cohesion have important advantages in creation and duration of effective institutions and better economic performance through increase of collaboration and collective interest in social norms and mental models of the people. All of these have positive relation with economic growth and development.

Keywords

Community Development (Rural and Urban)
Volume 5, Issue 2 - Serial Number 2
November 2014
Pages 49-74

Files

Share

How to cite

Statistics