Institutional trust and economic policy Lessons from the history of the Euro

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21st century
A01=Dora Gyorffy
A01=Dóra Gyrffy
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Author_Dora Gyorffy
Author_Dóra Gyrffy
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Category1=Non-Fiction
Category=KCC
Category=KCZ
COP=Hungary
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economic policy
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eq_business-finance-law
eq_isMigrated=2
eq_nobargain
eq_non-fiction
euro
european union
Language_English
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political economy
political studies
Price_€50 to €100
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softlaunch
trust

Product details

  • ISBN 9786155225222
  • Weight: 600g
  • Dimensions: 152 x 229mm
  • Publication Date: 30 Mar 2013
  • Publisher: Central European University Press
  • Publication City/Country: HU
  • Product Form: Hardback
  • Language: English
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The book seeks to link theoretical debates on the relevance of trust in economic outcomes with the current 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.

Dóra Gyorffy is Associate Professor at the Department of International Studies of the Péter Pázmány Catholic University, Hungary.

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