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Navigating a Sea of Mistrust

In: Trust: The Key to Social Cohesion and Growth in Latin America and the Caribbean

Author

Listed:
  • Phillip Keefer

    (Inter-American Development Bank)

  • Carlos Scartascini

    (Inter-American Development Bank)

Abstract

The reform agenda to build trust and citizenship requires a focus on power and information asymmetries. These erode incentives for trustworthy, civic behavior. Advancing on this reform agenda will dramatically expand government options to meet the significant social and economic challenges of the region: slow growth, high unemployment, inequality, climate change, and fiscal crisis.

Suggested Citation

  • Phillip Keefer & Carlos Scartascini, 2022. "Navigating a Sea of Mistrust," IDB Publications (Book Chapters), in: Phillip Keefer & Carlos Scartascini (ed.), Trust: The Key to Social Cohesion and Growth in Latin America and the Caribbean, edition 1, chapter 10, pages 255-286, Inter-American Development Bank.
    • Handle: RePEc:idb:idbchp:11771-c10
    DOI: http://dx.doi.org/10.1823
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    References listed on IDEAS

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    More about this item

    Keywords

    Trust; Political Trust; Regulation; Labor Force; Public Policy; Economy; Civil Servants;
    All these keywords.

    JEL classification:

    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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