Trust, Growth, Development

Donatella Padua
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Donatella Padua: Università per Stranieri di Perugia

Chapter 4 in John Maynard Keynes and the Economy of Trust: The Relevance of the Keynesian Social Thought in a Global Society, 2014, pp 88-102 from Palgrave Macmillan

Abstract: Abstract This last chapter examines the role of trust within the socio-economic process of development. The chapter attempts to outline the relationship between the Economy of Trust and the socio-economic context, evidencing the synergies. By these premises, Padua examines how trust may relate to the concept of development, equity and redistribution, in light of the Keynesian process of ‘civilization’. To this extent, the difference between the concept of growth and development, the concept of redistribution, equity and trust in Keynesian thought, and the concept of the economy of development related to the civilization process advocated by Keynes are examined. From these considerations, it emerges quite clearly how Keynesian trust represents the basic fabric of the social capital of a nation.

Keywords: equity and trust; growth and development; Keynesian civilization; redistribution; social capital (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-46723-2_5

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DOI: 10.1057/9781137467232_5

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