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CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

English Spanish

Social capital and culture: Master keys to development

This article explores the potential of social capital and culture for contributing to economic and social development. It centers its attention particularly on the situation of Latin America: a region with serious problems of poverty and lack of equity which affect vast sectors of the population, so that it has been considered the continent with the greatest levels of inequality. It is argued here that although it is true that the integration of the questions of social capital and culture into development discussions makes the search for suitable strategies and designs more complex, it is equally true that policies based on designs which leave out such aspects have proved to suffer from serious limitations. The article first of all explores the general idea of social capital, with emphasis not so much on theoretical analysis as on the concrete presence of such capital in actual situations. It then goes on to examine social capital in action in specific Latin American cases and finally formulates some considerations on the possible contributions of culture to Latin American development.

English Spanish

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