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    30-Oct-2026

When social cohesion becomes an economic asset - By Raad Mahmoud Al-Tal, The Jordan Times

 

 

The strength of an economy is measured by more than the size of its gross domestic product, the volume of investment, or the natural resources and infrastructure a country possesses. Behind these visible indicators lie intangible assets that are equally important to economic prosperity. Mutual trust, social cohesion, a sense of security, and a shared national identity may not appear directly in national accounts, but they play a fundamental role in protecting economic wealth, encouraging productive activity, and sustaining long-term development.
 
The painful events that have recently taken place in Karak invite us to reflect on the relationship between social stability and economic well-being. This is not about reducing a human tragedy to its financial consequences. Rather, it is about recognising a fundamental economic truth: people and the communities they build are at the heart of every productive economy.
 
Economists capture this dimension through the concept of social capital, which refers to the networks of trust, cooperation, and shared values that enable individuals and institutions to work together effectively. When trust is strong, transactions become easier, partnerships are more likely to succeed, and the costs of monitoring and enforcing agreements can decline. Businesses can cooperate more confidently, institutions can function more effectively, and individuals are better able to pursue shared economic objectives.
 
Conversely, when trust weakens, economic relationships become more difficult and costly. Businesses may face greater uncertainty, cooperation may diminish, and investors may become more cautious. Social cohesion, therefore, is not simply a desirable social condition. It is an important foundation for economic stability and sustainable growth.
 
Investment decisions are shaped by more than tax rates, interest rates, labour costs, and access to finance. Investors also consider the broader environment in which businesses operate, including public safety, social stability, and confidence in institutions. A stable society provides the predictability that businesses need to make long-term commitments, create jobs, and expand productive capacity.
 
The economic consequences of violence also extend beyond immediate physical damage and financial losses. They can include psychological distress, weakened community relationships, declining confidence, and disruptions to everyday economic activity. Such costs may not be recorded under a single item in the national budget, but they can affect productivity, social welfare, and the capacity of communities to contribute to economic development.
 
In Karak, as in every governorate across Jordan, social solidarity remains an important part of the country's social fabric. Preserving this fabric against hatred, fear, and division is not only a social responsibility. It is also essential to protecting the conditions in which people work, businesses invest, and communities prosper.
 
One of the greatest risks following a crime is that its consequences may extend beyond the immediate victims and become a source of wider fear, generalisation, and social division. Responsibility must remain with those who commit the crime. The actions of individuals must never be used to justify blaming an entire religious or social group. Collective blame undermines trust, weakens social bonds, and threatens the very cohesion on which a stable society depends.
 
Jordan's strength lies in the bonds that unite its people: brotherhood, mutual respect, solidarity, and a shared sense of belonging to one nation. Under the Hashemite leadership, which has consistently emphasised national unity and human dignity, these values remain central to the country's identity. The Jordanian family, in its broadest sense, represents a shared commitment to standing together in times of hardship, supporting one another, and safeguarding the common good.
 
Nations are built not only through natural resources, financial capital, and physical infrastructure, but also through the trust their people place in one another and their ability to overcome adversity without surrendering to division. Social cohesion should therefore be recognised as more than a moral or cultural value. It is a strategic national asset that strengthens stability, supports investment, enhances productive capacity, and creates a firmer foundation for sustainable development.
 

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