Economic Crisis, Trust and Socio-Economic Aspects of Sustainable Development
Problemy Ekorozwoju – Problems of Sustainable Development, 2013, Vol. 8, No. 1, 65-71
8 Pages Posted: 21 Mar 2013 Last revised: 25 Mar 2013
Date Written: January 31, 2013
Authors described the relationships between economic crisis and a crisis of trust. This study identifies key elements that play significant role in trust building and destruction. The consequences of behavioral factors of the market players are discussed. Relationships between social status, higher acceptance of risk and decrease of trust in the economic system are analyzed. The importance of trust and intergenerational justice as a base factor for long-term socio-economic growth are also highlighted.
Note: Downloadable document is in Polish.
Keywords: sustainable development, trust, crisis, economy, financial markets, intergenerational justice
JEL Classification: O13, Q20, Q32, Q41, R11, M14
Suggested Citation: Suggested Citation