Exploring the Role of Social Capital in Community Resilience and Economic Development

Introduction

The concept of social capital has gained significant attention in recent years, particularly regarding its implications for community resilience and economic development. Social capital refers to the networks, relationships, and norms that facilitate cooperation within a community. This paper aims to explore the critical role of social capital in enhancing community resilience—its ability to withstand and recover from adversity—and fostering economic development. By examining empirical evidence and theoretical frameworks, we will highlight how social capital contributes to both the stability and prosperity of communities in an ever-changing socio-economic landscape.

Main Body

Social capital manifests in various forms, including bonding social capital, which refers to relationships within homogeneous groups, and bridging social capital, which connects diverse groups. Both forms play crucial roles in community resilience. For instance, in