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Towards local sustainability: social capital as a community insurance in Kazakhstan

Towards local sustainability: social capital as a community insurance in Kazakhstan

Darmenova, Yuliya ORCID logoORCID: https://orcid.org/0000-0002-3884-6621 and Koo, EunJoo (2021) Towards local sustainability: social capital as a community insurance in Kazakhstan. Journal of Eurasian Studies, 12 (2). pp. 113-121. ISSN 1879-3665 (Print), 1879-3673 (Online) (doi:10.1177/18793665211038143)

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Abstract

This article focuses on how social capital, in the form of trust, reciprocal relations, and networks, has contributed to the sustainability of local communities in Kazakhstan in the face of various political and socioeconomic challenges. Drawing on qualitative data, we provide historical evidence of the persistence of locally derived social capital and investigate the ways in which it contributed to local sustainability in Kazakhstan. We first discuss how people in Kazakhstan have historically built and developed networks, reciprocal relations, and mutual trust under different political and economic institutions, for example, in the form of reciprocal labor aid as part of nomadic culture (e.g., “Asar”) and collective funds (e.g., “Kotel”) during Soviet times. We then offer an in-depth understanding of social capital as a form of insurance for local communities, and how it facilitates socioeconomic interactions in contemporary Kazakh society. This study contributes to the understanding of this traditional sense of trust and communal cooperation, as well as its viability in the context of a market economy.

Item Type: Article
Uncontrolled Keywords: Central Asia; Kazakhstan; local community; social capital
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
Faculty / School / Research Centre / Research Group: Faculty of Business
Greenwich Business School > Political Economy, Governance, Finance and Accountability (PEGFA)
Last Modified: 02 Dec 2024 16:09
URI: http://gala.gre.ac.uk/id/eprint/46955

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