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Social Capital

Updated: Oct 14, 2017

By social capital we mean the institutions, relationships and norms that shape the quality and quantity of the society’s social interactions.


While measuring the quality of social capital remains problematic, it might be defined as the relative advantage or disadvantage in absolute terms that a particular context and environment exert on the human being. For instance, Fernandez-Kelley (1995)

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Definition

Corruption is an improbity or decay in the decision-making process in which a decision-maker consents to deviate or demands deviation from the criterion which should rule his or her decision-making, i

What are the cost of corruption?

Corruption impacts societies in a multitude of ways. In the worst cases, it costs lives. Short of this, it costs people their freedom, health or money. The cost of corruption can be divided into four