The Costly Business of Trust

Mark Casson () and Marina Della Giusta ()
Additional contact information
Mark Casson: Department of Economics, University of Reading

No em-dp2004-08, Economics & Management Discussion Papers from Henley Business School, Reading University

Abstract: The paper provides a framework to analyses trust-based projects which can be used as a diagnostic tool to design more effective policy intervention, particularly addressing the problem of meeting users needs for which many microfinance scheme have come under criticism. the theory is developed on the basis of both secondary literature and direct empirical evidence from two micro-finance projects in Mexico. we illustrate how a system of trust is built, and derive general propositions regarding the specificity of trust, the role of trust brokers, and the policy of subsidising trust-building projects, that can be applied both to microfinance and other trust-based development projects. we aim, to provide a tool capable of identifying crucial actors in trust systems and the nature of the linkages between them, so that trust can be effectively operationalised and incorporated into policy design in order to improve projects' effectiveness and suitability to local conditions.

Date: 2004-03
View list of references View citations in EconPapers

Downloads: (external link)
http://www.reading.ac.uk/nmsruntime/saveasdialog.asp?lID=10364&sID=34517 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:rdg:emxxdp:em-dp2004-08

Access Statistics for this paper

More papers in Economics & Management Discussion Papers from Henley Business School, Reading University
Contact information at EDIRC.
Series data maintained by Ed Quick ().