3 Review(s)

ocial capital is as an empirically elusive concept and has been subject to much discussion and debate with particular reference to its definition, functions, social regeneration, economic benefits, positive and negative aspects, indicators of measurement, gender insensitivity and its implications for development policy. Social capital is characterized by trust, reciprocity and cooperation which are non-material forms of capital, invisible to the eye but having visible effects. Of late, there has been much policy and academic interest in the capacity of social capital to generate micro-level effects such as efficient economics, democratic politics, active communities and broad-based growth.