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Is there trust or not?

Author

Listed:
  • Marina Luminita SARBOVAN

    (TIBUSCUS UNIVERSITY OF TIMISOARA)

Abstract

To 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.

Suggested Citation

  • Marina Luminita SARBOVAN, 2012. "Is there trust or not?," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 174-178, May.
    • Handle: RePEc:tdt:annals:v:xviii:y:2012:p:174-178
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    File URL: http://fse.tibiscus.ro/anale/Lucrari2012/kssue2012_024.pdf
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    More about this item

    Keywords

    trust; stability; expectations fulfillment;
    All these keywords.

    JEL classification:

    • E - Macroeconomics and Monetary Economics
    • F - International Economics
    • O - Economic Development, Innovation, Technological Change, and Growth

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