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Trust, Growth, Development

In: John Maynard Keynes and the Economy of Trust: The Relevance of the Keynesian Social Thought in a Global Society

Author

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  • Donatella Padua

    (Università per Stranieri di Perugia)

Abstract

This last chapter examines the role of trust within the socio-economic process of development. The chapter attempts to outline the relationship between the Economy of Trust and the socio-economic context, evidencing the synergies. By these premises, Padua examines how trust may relate to the concept of development, equity and redistribution, in light of the Keynesian process of ‘civilization’. To this extent, the difference between the concept of growth and development, the concept of redistribution, equity and trust in Keynesian thought, and the concept of the economy of development related to the civilization process advocated by Keynes are examined. From these considerations, it emerges quite clearly how Keynesian trust represents the basic fabric of the social capital of a nation.

Suggested Citation

  • Donatella Padua, 2014. "Trust, Growth, Development," Palgrave Macmillan Books, in: John Maynard Keynes and the Economy of Trust: The Relevance of the Keynesian Social Thought in a Global Society, chapter 4, pages 88-102, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-46723-2_5
    DOI: 10.1057/9781137467232_5
    as

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