What does a comparison between Latvia, Lithuania, Kazakhstan and Kyrgyzstan tell about the cognition and institutions as social capital in the extended market order?

Baafi Antwi, Joseph (2010): What does a comparison between Latvia, Lithuania, Kazakhstan and Kyrgyzstan tell about the cognition and institutions as social capital in the extended market order?

Abstract

This paper considers cognition and institution as social capital. Its starts from the freedom of Economic report. It was noticed that the core tenants of the freedom of Economics are deeply embedded in the core tenants of social capital which also has strong linkages to culture. Culture also relates to the mind of the people and their way of thinking, by setting the framework within which all interaction that take place can be viewed as crucial elements underlying the of lives in the larger social existence. Quantitative indicators of culture and institutions as social capital was imputed from the World value Survey and was considered in the four countries under consideration, it was noticed that trust among Latvians though may take time but once given, is very strong. This same cannot be said for Lithuania, Kazakhstan and Kyrgyzstan. This can explain to some extent trust in public institution and high rate of economic growth in Latvia than the other countries.

• Item Type: MPRA Paper
• Language: English
• Keywords: Social Capital; Institution; Culture
• Subjects: Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z13 - Economic Sociology ; Economic Anthropology ; Social and Economic Stratification; P - Economic Systems > P5 - Comparative Economic Systems > P52 - Comparative Studies of Particular Economies

References

Arefi, M. (2003) Revisiting the Los Angeles Neighborhood Initiative (LANI): Lessons for Planners, Journal of planning education and research, vol.22 iss.4 pg.384

Bauer, Peter (2000), From Subsistence to Exchange and Other Essays, A Cato Institute Book, Beverly Hills, CA

Becker, Gary S. (1996), Accounting for Tastes. Part I: Personal Capital; Part II: Social Capital. Cambridge, MA: Harvard University Press.

Boisot, M. (1995), Information space: A framework for learning in organizations, institutions and culture, London, Routledge

Chamlee-Wright, E., (1997), The Cultural Foundations of Economics Development: Urban Female Entrepreneurship in Ghana, London & New York: Routledge

Coleman, James S. (1988). "Social Capital in the Creation of Human Capital", American Journal of Sociology. 94 Supplement: (pp. S95-S-120).

Coleman, James. (1988). "Social Capital in the Creation of Human Capital". American Journal of Sociology Supplement 94: S95-S120.

Conquest R., The Harvest of Sorrow: Soviet Collectivization and the Terror Famine, The University of Alberta Press.

Dasgupta, Partha, and Serageldin, Ismail, ed. (2000). Social Capital: A Multifaceted Perspective. Washington, D.C.: World Bank. (book preview except pp. 217–401, 403-25)

Gwartney, James, and Robert Lawson. (2009), Economic Freedom of the World: 2009 Annual Report, Economic Freedom Network, Vancouver: The Fraser Institute, http://www.freetheworld.com

Granovetter, M. S. (1973). "The Strength of Weak Ties", American Journal of Sociology 78 (6), pp 1360 - 1380.

Hanifan, L. J. (1916) "The rural school community center", Annals of the American Academy of Political and Social Science 67: 130-138. Also see Hanifan, L. J. (1920)The Community Center, Boston: Silver Burdett.

Hayek, F. von, (1948), Individualism and Economic Order, Chicago: University of Chicago Press.

Hayek, F. von (1952), The Sensory Order, An Inquiry into the Foundations of Theoretical Psychology, Chicago: Chicago University Press.

Hazleton V. & Kennan, W. (2000). Social capital: reconceptualizing the bottom line. Corporate Communications: An International Journal, 5 (2), 81-86. https://www.cia.gov/library/publications/

Lavoie, D. C. and Chamlee-Wright E., (2000), Culture and Enterprise: The Development, Representation, and Morality of Business, A Cato Institute Book, London and New York: Routledge

Loury, Glenn (1977). A Dynamic Theory of Racial Income Differences. Chapter 8 of Women, Minorities, and Employment Discrimination, Ed. P.A. Wallace and A. Le Mund. Lexington, Mass.: Lexington Books.

Martin R., Haerpter C, Nowotny T. and Wallace C., Social Capital in transition: a first look at the evidence, 2001

Norgaard, O. (2000), Economic Institution and Democratic Reform: A Comparative Analysis of Post-Communist Societies, Cheltnham: Edward Elgar.

Norgaard, O. and Lars J., (1999), The Baltic states after Independence, Second Edition, Cheltenham: Edward Elgar.

Nahapiet, J. & Ghoshal, S. "Social capital, intellectual capital and the organizational advantage" Academy of Management Review, 1998, 23(2)

Organisation for Economic Co-operation and Development (2007), Informal Institution, Printed in France.

Portes, A. (1998). Social Capital: its origins and applications in modern sociology Annual Review of Sociology, 24, 1-24.

Putnam, R. (2000), "Bowling Alone: The Collapse and Revival of American Community" (Simon and Schuster).

Putnam, R. D. (January 1995). "Bowling Alone: America's Declining Social Capital". Journal of Democracy 6 (1): 65–78.

Ruffin, H. and Waugh D. (eds), (1999), Civil Society in Central Asia, Seattle: University of Washington Press.

Searle, J. (1999), Mind, Language and Society: Philosophy in the Real World, London: Weidenfels & Nicholson

Wellman, Barry and Scot Wortley. (1990). "Different Strokes from Different Folks: Community Ties and Social Support". American Journal of Sociology 96: 558-88.