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TABLE OF CONTENTS Introduction ..................................................................................... 2 What is Social Capital and what forms does it have? ...................................... 3 Some critics about Social Capital ............................................................ 5 Measuring Social Capital ..................................................................... 6 How can we create Social Capital? .......................................................... 8 Social Capital and the environment ......................................................... 10 Conclusions .................................................................................... 13 List of References ............................................................................. 14 Table 1 .......................................................................................... 4 Figure 1 .......................................................................................... 8 INTRODUCTION The currently globalization has dramatically enhanced the economic importance of what has been called "social capital". We can identify four major capitals measures, being financial capital the one that takes up far too much policy time and space at present. Too little attention has been paid to social capital (Cox, 1995). Social capital has become a very important and influential concept in understanding and debating the modern world (Schuller, Baron and Field, 2000). In the 1990s the concept of social capital enjoyed a remarkable rise to prominence across all the social science disciplines (Woolcock and Narayan, 2000). In addition, it...

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