Trust and the wealth of nations

Gur N.

PROGRESS IN DEVELOPMENT STUDIES, cilt.15, sa.2, ss.107-124, 2015 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 15 Sayı: 2
  • Basım Tarihi: 2015
  • Doi Numarası: 10.1177/1464993414565529
  • Dergi Adı: PROGRESS IN DEVELOPMENT STUDIES
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.107-124
  • Anahtar Kelimeler: Trust, investment, public expenditures, institutions, regulations, delegation, INSTITUTIONS, GROWTH, FIRMS
  • Marmara Üniversitesi Adresli: Hayır

Özet

In this article, we survey a growing body of evidence showing the effects of trust on the wealth of nations. It is important to understand the mechanisms through which trust affects the wealth of nations. This article suggests that trust has effects on the wealth of nations mainly through five channels. These channels are: (a) investment in human and physical capital, (b) financial development, (c) public expenditures, (d) regulations and institutions and (e) the organization of firms.