This volume focuses on the social impact of the public sector on the performance of the private sector, especially in the long term. It presents a model of the formation of social ties by economic interaction and uses this to explore the relevance of social ties and their dynamics for economic performance.
Preface. 1. Introduction. 2. Dynamics of Social Ties and Local Public Good Provision. 3. Social Capital and Social Infrastructure. 4. Social Determinants of Economic Growth. 5. Migration and Social Ties. 6. Conclusions and Policy Implications. References. Author Index. Subject Index.