STRATEGY FOR MANAGING SOCIAL CAPITAL IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT

Mary Ene Atalawei

doi:10.32782/2786-765X/2025-11-1

Mary Ene Atalawei Sumy National Agrarian University https://orcid.org/0009-0009-9732-9120

DOI: https://doi.org/10.32782/2786-765X/2025-11-1

Keywords: social capital, social capital management, sustainable development, society, effective management

Abstract

Social capital, consisting of networks, shared norms, and trust, plays a crucial role in encouraging cooperation, developing strong communities, and promoting sustainable development. The purpose of this article is to identify the characteristics of a well-thought-out social capital management strategy for solving complex social problems and supporting inclusive growth. It has been proven that by leveraging human connections, organizations and communities can work towards common goals, improve overall well-being, and help reduce inequality. A key part of effective social capital management is creating diverse and inclusive networks, ensuring the equitable distribution of resources, and promoting trust and mutual support. Addressing power inequalities and actively engaging marginalized groups are vital steps toward bridging gaps and expanding opportunities for those who are disadvantaged. It has been argued that sustainable development is becoming a critical factor that requires constant interaction, capacity building, and adaptive approaches to meet the changing needs of society. Combining cultural and symbolic capital in these networks can strengthen relationships, paving the way for innovation and resilience in the face of challenges. For effective social capital management, it is recommended to encourage transparency and accountability, empower underrepresented communities, and invest in educational and knowledge-sharing programs. This strategy not only improves individual skills but also lays the foundation for long-term social and economic progress.

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