Social capital and the social economy in a sub-national island jurisdiction

Abstract

This paper begins with an explanation of social capital and its manifestation in structures and institutes of the social economy. It then describes how Prince Edward Island (PEl) is using social capital in the pursuit of economic sustainability. Next, the paper explores case studies of other sub-national island jurisdictions (SNIJs) and highlights how PEl could learn from the successes and failures of these other islands. Finally, it generates suggestions on how to more effectively invest in, and use, social capital in public policy measures. While the paper concentrates on PEl and other semi-autonomous islands, the recommendations may have wider implications in, and for, other jurisdictions.