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Institutional trust and economic policy : lessons from the history of the euro / Dóra Győrffy.

By: Material type: TextTextPublisher: Budapest ; New York : Central European University Press, 2013Copyright date: ©2013Description: 1 online resource (xv, 222 pages) : ‡b illustrationsContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9786155225345
  • 6155225346
Subject(s): Additional physical formats: Print version:: Institutional trust and economic policy.DDC classification:
  • 338.501/9 23
LOC classification:
  • BF575.T7 G96 2013eb
Online resources:
Contents:
Introduction -- Institutional Trust and Individual Decision Making -- Institutional Trust and Policymaking in the EMU -- Fiscal Developments in the EU-15, 1992-2007 -- The Maastricht Process in the CEE-10 -- Financial Crisis in the EU-25 -- The Relevance of Trust for Economic Outcomes.
Summary: This book seeks to link theoretical debates on the relevance of trust in economic outcomes with arguments about the origins and lessons of the subprime crisis. By what mechanisms does trust influence economic outcomes? Under what conditions do these mechanisms prevail? How do debates about trust help our understanding of the subprime crisis in the European Union? By integrating insights from Post-Keynesian, Austrian and new institutional economics, the central proposition of the analysis is that the presence or absence of institutional trust creates virtuous and vicious cycles in law-abiding, which critically influence the possibility for economic agents to have realistic long-term plans.
Holdings
Item type Current library Collection Call number Status Date due Barcode Item holds
eBook eBook e-Library EBSCO Business Available
Total holds: 0

Includes bibliographical references (pages [199]-216) and index.

Print version record.

Introduction -- Institutional Trust and Individual Decision Making -- Institutional Trust and Policymaking in the EMU -- Fiscal Developments in the EU-15, 1992-2007 -- The Maastricht Process in the CEE-10 -- Financial Crisis in the EU-25 -- The Relevance of Trust for Economic Outcomes.

This book seeks to link theoretical debates on the relevance of trust in economic outcomes with arguments about the origins and lessons of the subprime crisis. By what mechanisms does trust influence economic outcomes? Under what conditions do these mechanisms prevail? How do debates about trust help our understanding of the subprime crisis in the European Union? By integrating insights from Post-Keynesian, Austrian and new institutional economics, the central proposition of the analysis is that the presence or absence of institutional trust creates virtuous and vicious cycles in law-abiding, which critically influence the possibility for economic agents to have realistic long-term plans.

English.

Added to collection customer.56279.3

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