Social Aspects of Asian Economic Growth

<p>There are in simple terms three principal kinds of capital that come necessarily into play when a society is evolving towards improving the lives livelihoods and qualities of life of its people. The first form of capital is <i>financial</i> – this normally includes physical forms of invested money in plant buildings and infrastructure. The second form of capital is <i>human</i> – seen simply as the level and range of skills and capabilities that are available for use in the society. When people are literate numerate skilled experienced informed cooperative and inquisitive they and their societies can do much more. The third form of capital is <i>social</i>. Here cooperativeness shows its effects and the rules of how that works vary greatly between societies. It is the second of these elements human capital that is the main focus of this book but it overlaps with social capital extensively in these accounts and can only be understood in terms of its connections into the wider societal system. The varying patterns of its workings and influence in different Asian contexts are explained against the background of a theory of societal progress. This book was originally published as a special issue of the <i>Asia Pacific Business Review.</i></p>