Is there trust or not?
AbstractTo rely or not on the state actions is in European Union an even greater challenge than before, because the national authority itself is a part of a larger evolving economic system, clearly regulated but unpredictable when put to work. We all wish more, cheaper and better merchandise to purchase, a cleaner and safer environment, leaving the safeguarding of the macroeconomic stability, as a fundamental condition for all these, to the state. Trust should be that situation when the citizens’ expectations regarding the macroeconomic decisions were fulfilled. Remains an issue how to make trust function when the authorities were assumed to take into account the interest of all voters, but they fail to raise employment, to increase incomes, and GINI index grows.
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Bibliographic InfoArticle provided by Faculty of Economics, Tibiscus University in Timisoara in its journal Anale. Seria Stiinte Economice. Timisoara.
Volume (Year): XVIII (2012)
Issue (Month): (May)
trust; stability; expectations fulfillment;
Find related papers by JEL classification:
- E - Macroeconomics and Monetary Economics
- F - International Economics
- O - Economic Development, Technological Change, and Growth
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