11:15 - 12:15
| Inclusion, Investments, Talents
The Space of Confidence. Social Capital as a Source of Competitive Advantage
Cities are a space for interaction between different social groups; therefore, its most valuable resource is the social connections between its citizens. To realize the potential of its citizens, it is critical to build an atmosphere of trust – an environment that supports newcomers and encourages productive co-existence of different social, professional and ethnic groups. Human capital becomes the key factor for the economic prosperity, safety and comfort of a city. Countries with high social capital and high levels of openness and trust are more likely to become home to groundbreaking technological innovation.
What is the role of trust in the economic prosperity and psychological well-being of cities?
What is more essential: citizens trusting their government or citizens trusting each other?
How do leading megacities differ in terms of trust levels?
How exactly does trust become "capitalised"?
Editor in Chief, Carnegie.ru
Dean, Faculty of Social Sciences, Moscow Higher School of Social and Economic Sciences
Director of the Center for Public Policy, Drexel University