SOCIAL CAPITAL ACCUMULATION IN MALAYSIA

Authors

  • DORIS PADMINI SELVARATNAM
  • POO BEE TIN
  • NORLAILA ABU BAKAR
  • NOR AINI HJ. IDRIS
  • MADELINE BERMA

Abstract

The World Bank has identified social capital as the fourth factor to fuel economic growthafter physical capital, financial capital and human capital. There are various social ills(for example, juvenile delinquency, crimes, murder, gangsterism, abandonment of theelderly, and domestic violence) plaguing the society today. This can be attributed tovarious factors ranging from peer pressure, mental problems, poverty, marginalisationand erosion of moral values. In a society that has experienced a rapid economic growthand a steady increase in the income per capita, it is thus an alarming factor if there is anincrease in social problems and an increase in government expenditure to curb thisproblem. Social capital through effective networking is seen as an avenue to enhancepositive social values and contribute towards a harmonious society.

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Published

2017-11-22

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