Thomas L. Lazaro III

Social capital involves the effective functioning of social groups through interpersonal relationships, shared sense of identity, shared understanding, shared norms, shared values, trust, cooperation, and reciprocity. Previously, we talked about how social capital positively impacts human capital and the natural environment. Today, we are going to look at its effects on financial health and infrastructure.

AS the government eases pandemic restrictions with signs of recovery in the horizon, we are faced with twin challenges: the post-Covid fallout and the Russia-Ukraine war. In a previous column, we talked about facing these challenges by recognizing the potentials of our nation and build on our various capitals: human, natural, physical, financial, and social.