No 1 (17): 5.

Economics and management

2020

Scientific article

UDK 330.88

pdf-version

Sergey S. Vereshko
Postgraduate studies, Financial University under the Government of the Russian Federation
(Moscow, Leningradsky prospekt, 49),
vereshko.s@mail.ru

Institutional trust as the factor of economic development

Scientific adviser:
Yurzinova Irina Leonidovna
Doctor of Economics
Professor
Paper submitted on: 03/02/2020;
Accepted on: 03/06/2020;
Abstract. The article considers the role of trust as a the factor of economic development. Based on OECD data, 7 types of trust are distinguished and an emphasis is placed on institutional trust, which is understood by the author as a citizen's trust in public and private organizations. Based on relevant data from sociological studies, a conclusion is drawn on the dynamics in the field of institutional trust.
Keywords: economic growth, political trust, institutional economics, trust

For citation: Vereshko, S. S. Institutional trust as the factor of economic development. StudArctic forum. 2020, 1 (17): 5.

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