The Role Of Social Capital In Financial Development

Financial development has long been the focus of attention, but in many cases, only by economic factors to explain the issue of the financial development is not comprehensive enough. So, it will be an important supplement to put the impact of social capital into an important factor cover which contains the social network, norms, trust, etc. At present, social capital has become a popular concept of people’s attention and analysis of important starting point. In reviewing the theoretical system of social capital, I described the relationship between the social capital and financial development; And I use a good research data to analyze the specific impact of the family financing efficiency which is made by the social capital; Finally, nurturing of social capital in poor areas from the point of view, analyzing how to improve the efficiency of local financing.P. S:this study is sponsored by Macroeconomic Measure of Social Capital and Its Application, which is a national social science fund project chaired by professor Nie.