Issue |
SHS Web of Conf.
Volume 183, 2024
3rd International Conference on Public Art and Human Development (ICPAHD 2023)
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Article Number | 02021 | |
Number of page(s) | 5 | |
Section | Public Resource Allocation and Social Management | |
DOI | https://doi.org/10.1051/shsconf/202418302021 | |
Published online | 04 March 2024 |
Strengthening Democracy and Market Economies through Social Capital Building in Developing Countries
School of Social and Political Sciences, University of Melbourne, Melbourne, Australia
Corresponding author: qingzhengw@student.unimelb.edu.au
In developing countries, it is imperative to actively pursue the enhancement of social capital in order to fortify both democratic systems and market economies. Even when other conditions remain constant, countries with high social capital have more efficient economies and better social welfare. Additionally, in the context of globalization, with the growth of network capitalism, it is evident that social capital is being formed in impoverished emerging nations.
© The Authors, published by EDP Sciences, 2024
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