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Crisis and Social Capital in Greece: A Comparative Study Between Rural and Urban Communities

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The First Decade of Living with the Global Crisis

Part of the book series: Contributions to Economics ((CE))

Abstract

Greece is facing a severe economic crisis that has also been perceived as a crisis of human values, ideology and on parallel a crisis of trust in people and institutions. The role of trust (both individual and institutional) has been highlighted within the social capital literature as a factor of growth and prosperity of societies; especially in terms of adaptability to volatile conditions where the need for cooperation in order to achieve common goals is of great importance. At the same time, much has been written about the existence of higher levels of social capital in closed societies such as rural ones when compared to urban. The main aim of this paper is to investigate the relation of trust and solidarity, between urban and rural areas in Northern Greece, using empirical research to a large sample of 503 residents. Research results lead to the segmentation need of the population into three distinct clusters with respect to different levels of social capital within different rural–urban context. The main policy implication would be whether the increase in social capital could be a tool for “survival” in the current economic crisis in Greece and at the European level.

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Author information

Authors and Affiliations

  1. Department of Agricultural Economics, Aristotle University of Thessaloniki, 225, 54124, Thessaloniki, Greece

    Anna Tokalaki, Anastasios Michailidis & Maria Partalidou

  2. Department of Business Administration, Technological Educational Institute of Larissa, Larissa, Greece

    Georgios Theodossiou

Authors
  1. Anna Tokalaki
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  2. Anastasios Michailidis
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  3. Maria Partalidou
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  4. Georgios Theodossiou
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Corresponding author

Correspondence to Anastasios Michailidis .

Editor information

Editors and Affiliations

  1. Institute of Technology, Eastern Macedonia and Thrace, Kavala, Greece

    Anastasios Karasavvoglou

  2. Faculty of Economics, University of Niš, Niš, Serbia

    Zoran Aranđelović

  3. Faculty of Economics, University of Niš, Niš, Serbia

    Srđan Marinković

  4. Institute of Technology, Eastern Macedonia and Thrace, Kavala, Greece

    Persefoni Polychronidou

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Tokalaki, A., Michailidis, A., Partalidou, M., Theodossiou, G. (2016). Crisis and Social Capital in Greece: A Comparative Study Between Rural and Urban Communities. In: Karasavvoglou, A., Aranđelović, Z., Marinković, S., Polychronidou, P. (eds) The First Decade of Living with the Global Crisis. Contributions to Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-24267-5_5

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