ABSTRACT

The purpose of this paper is to reflect, from an economist's point of view, on the methodological issues raised by the study of social capital. This term has been used in many different ways to cover a broad range of phenomena (e.g., Dasgupta and Serageldin, 2000; Grootaert and van Bastelaer 2002a; Durlauf and Fafchamps, 2005). Perhaps it is best seen as a way of federating research programs in various social sciences (Woolcock and Narayan, 2000). If so, the quest for an allencompassing definition may be futile or even counter-productive, because different disciplines need to appropriate the term differently depending on how it fits in their paradigm. What is important is that the phrase social capital facilitates the exchange of ideas across disciplines.