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Trust And Germanys Economy
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Book Synopsis Trust and Germany's Economy by : Christoph Rieder
Download or read book Trust and Germany's Economy written by Christoph Rieder and published by GRIN Verlag. This book was released on 2006-01-19 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2005 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, University of Constance, course: The Governance of European Local Production Systems, language: English, abstract: “Social capital can be defined simply as the existence of a certain set of informal values or norms shared among members of a group that permit cooperation among them." Francis Fukuyama "When economic and political negotiation is embedded in dense networks of social interaction, incentives for opportunism are reduced. Dense networks of interaction probably broaden the participants' sense of self, developing the "I" into the "we"." Robert D. Putnam When we talk about the idea of European local productions systems that exist, the differences in social cohesion and cooperation among European regions might be interesting. This idea has been examined by scientists for a couple of years, now. Trust and the development of cooperation have been studied by behavioural as well as social and political scientists. In 1993, after the Communist Block in Eastern Europe collapsed, Francis Fukuyama published his book “Trust” where he examines trust and social capital as an economic factor in the industrialized and industrializing nations. A large part of his book is dedicated to the success of Germany’s economy. Fukuyama refers to the successful cooperation of horizontally (e.g. inter-capitalistic) and vertically interdependent agents (e.g. shop-owners and their employees). Indeed, the cooperation of business owners, or their managers, with their employees can be described as unique among large industrialized nations. Nevertheless, the “Mitbestimmung”-legislation (codetermination) and the “Deutschland AG” (Germany Inc.) conglomerate have been the object of severe criticism during the last decade. Attempts were made in order to cut back inter-firm dependencies and union-involvement in the German industry. With the latest scandal in the Volkswagen AG the “German Trust Model” seems to become a “lame duck”. In this essay it will be focused on the interdependencies of firms and investors, and the role trust and social cohesion play in today’s German economy. Fukuyama’s thesis will be compared to the reality of German or Rhenish capitalism. Financial interdependencies and cooperation among Germany’s companies will be examined and it will be asked if they have changed during the last decades.
Book Synopsis The Political Economy of Trust by : Henry Farrell
Download or read book The Political Economy of Trust written by Henry Farrell and published by Cambridge University Press. This book was released on 2009-08-24 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trust and cooperation are at the heart of the two most important approaches to comparative politics - rational choice and political culture. Yet we know little about trust's relationship to political institutions. This book sets out a rationalist theory of how institutions - and in particular informal institutions - can affect trust without reducing it to fully determine expectations. It then shows how this theory can be applied to comparative political economy, and in particular to explaining inter-firm cooperation in industrial districts, geographical areas of intense small firm collaboration. The book compares trust and cooperation in two prominent districts in the literature, one in Emilia Romagna, Italy, and the other in Baden-Württemberg, Germany. It also sets out and applies a theory of how national informal institutions may change as a result of changes in global markets, and shows how similar mechanisms may explain persistent distrust too among Sicilian Mafiosi.
Book Synopsis The Seven Secrets of Germany by : David B. Audretsch
Download or read book The Seven Secrets of Germany written by David B. Audretsch and published by Oxford University Press. This book was released on 2016 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe and much of the developed world have been bogged down by stagnant economic growth and alarmingly high rates of unemployment. But not Germany. This book reveals seven key aspects of the German economy and society that have provided considerable buoyance in an era of global turbulence.
Download or read book Trust written by Francis Fukuyama and published by . This book was released on 1995 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: The bestselling author of The End of History explains the social principles of economic life and tells readers what they need to know to win the coming struggle for global economic dominance.
Book Synopsis The National System of Political Economy by : Friedrich List
Download or read book The National System of Political Economy written by Friedrich List and published by . This book was released on 1904 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Dare to Share: Germany's Experience Promoting Equal Partnership in Families by : OECD
Download or read book Dare to Share: Germany's Experience Promoting Equal Partnership in Families written by OECD and published by OECD Publishing. This book was released on 2017-02-20 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review introduces the background to and issues at stake in promoting equal partnerships in families in Germany.
Download or read book Why Trust Matters written by Benjamin Ho and published by Columbia University Press. This book was released on 2021-06-29 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Have economists neglected trust? The economy is fundamentally a network of relationships built on mutual expectations. More than that, trust is the glue that holds civilization together. Every time we interact with another person—to make a purchase, work on a project, or share a living space—we rely on trust. Institutions and relationships function because people place confidence in them. Retailers seek to become trusted brands; employers put their trust in their employees; and democracy works only when we trust our government. Benjamin Ho reveals the surprising importance of trust to how we understand our day-to-day economic lives. Starting with the earliest societies and proceeding through the evolution of the modern economy, he explores its role across an astonishing range of institutions and practices. From contracts and banking to blockchain and the sharing economy to health care and climate change, Ho shows how trust shapes the workings of the world. He provides an accessible account of how economists have applied the mathematical tools of game theory and the experimental methods of behavioral economics to bring rigor to understanding trust. Bringing together insights from decades of research in an approachable format, Why Trust Matters shows how a concept that we rarely associate with the discipline of economics is central to the social systems that govern our lives.
Book Synopsis The Oxford Handbook of Social and Political Trust by : Eric M. Uslaner
Download or read book The Oxford Handbook of Social and Political Trust written by Eric M. Uslaner and published by Oxford University Press. This book was released on 2018-01-02 with total page 753 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores the foundations of trust, and whether social and political trust have common roots. Contributions by noted scholars examine how we measure trust, the cultural and social psychological roots of trust, the foundations of political trust, and how trust concerns the law, the economy, elections, international relations, corruption, and cooperation, among myriad societal factors. The rich assortment of essays on these themes addresses questions such as: How does national identity shape trust, and how does trust form in developing countries and in new democracies? Are minority groups less trusting than the dominant group in a society? Do immigrants adapt to the trust levels of their host countries? Does group interaction build trust? Does the welfare state promote trust and, in turn, does trust lead to greater well-being and to better health outcomes? The Oxford Handbook of Social and Political Trust considers these and other questions of critical importance for current scholarly investigations of trust.
Book Synopsis The Economic Consequences of the Peace by : John Maynard Keynes
Download or read book The Economic Consequences of the Peace written by John Maynard Keynes and published by Simon Publications LLC. This book was released on 1920 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes, then a rising young economist, participated in the Paris Peace Conference in 1919 as chief representative of the British Treasury and advisor to Prime Minister David Lloyd George. He resigned after desperately trying and failing to reduce the huge demands for reparations being made on Germany. The Economic Consequences of the Peace is Keynes' brilliant and prophetic analysis of the effects that the peace treaty would have both on Germany and, even more fatefully, the world.
Book Synopsis The Trust Economy by : Philipp Kristian Diekhöner
Download or read book The Trust Economy written by Philipp Kristian Diekhöner and published by . This book was released on 2017-11-07 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: * Why you need to build trust for business success * Explains why large companies are increasingly vulnerable to failure in the digital age* How to build trust in 6 easy, repeatable steps* How trust promotes innovation and increases your competitive advantage* Author is a popular speaker and available for events/activities
Book Synopsis Ethnic Diversity and Social Cohesion by : Dr Merlin Schaeffer
Download or read book Ethnic Diversity and Social Cohesion written by Dr Merlin Schaeffer and published by Ashgate Publishing, Ltd.. This book was released on 2014-02-28 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the debate within social sciences on the consequences of ethnic diversity for social cohesion and the production of public goods, this book draws on extensive survey data from Germany to engage with questions surrounding the relationship between ethnic diversity and issues such as welfare provision and the erosion of public trust and civic engagement in Europe. It moves away from the question of whether there is in fact a universal correlation between ethnic diversity and social cohesion in order to focus on the reasons for which people's reciprocity and trust might be reduced in more ethnically diverse areas. Drawing attention to the importance of peoples' perceptions of diversity in explaining levels of social cohesion, Ethnic Diversity and Social Cohesion shows how specific types of perceived diversity can help explain the reasons for which ethnic diversity is associated with declines in social cohesion, and the contexts and conditions in which this occurs. The book also outlines potential courses of action, revealing the important roles of residential segregation, children and interethnic partners in overcoming barriers of language, values and cognitive bias. A rigorous, timely study of ethnic diversity and its relation to liberal democracy as a form of deliberative conflict that requires certain levels of trust, shared values and engagement, Ethnic Diversity and Social Cohesion will be of interest to policy makers, sociologists and political scientists working in the fields of race and migration, ethnic diversity and community cohesion.
Book Synopsis Political Order and Political Decay by : Francis Fukuyama
Download or read book Political Order and Political Decay written by Francis Fukuyama and published by Farrar, Straus and Giroux. This book was released on 2014-09-30 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second volume of the bestselling landmark work on the history of the modern state Writing in The Wall Street Journal, David Gress called Francis Fukuyama's Origins of Political Order "magisterial in its learning and admirably immodest in its ambition." In The New York Times Book Review, Michael Lind described the book as "a major achievement by one of the leading public intellectuals of our time." And in The Washington Post, Gerard DeGrott exclaimed "this is a book that will be remembered. Bring on volume two." Volume two is finally here, completing the most important work of political thought in at least a generation. Taking up the essential question of how societies develop strong, impersonal, and accountable political institutions, Fukuyama follows the story from the French Revolution to the so-called Arab Spring and the deep dysfunctions of contemporary American politics. He examines the effects of corruption on governance, and why some societies have been successful at rooting it out. He explores the different legacies of colonialism in Latin America, Africa, and Asia, and offers a clear-eyed account of why some regions have thrived and developed more quickly than others. And he boldly reckons with the future of democracy in the face of a rising global middle class and entrenched political paralysis in the West. A sweeping, masterful account of the struggle to create a well-functioning modern state, Political Order and Political Decay is destined to be a classic.
Book Synopsis OECD Public Governance Reviews Trust and Public Policy How Better Governance Can Help Rebuild Public Trust by : OECD
Download or read book OECD Public Governance Reviews Trust and Public Policy How Better Governance Can Help Rebuild Public Trust written by OECD and published by OECD Publishing. This book was released on 2017-03-27 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the influence of trust on policy making and explores some of the steps governments can take to strengthen public trust.
Book Synopsis Segregation and Mistrust by : Eric M. Uslaner
Download or read book Segregation and Mistrust written by Eric M. Uslaner and published by Cambridge University Press. This book was released on 2012-09-17 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Generalized trust – faith in people you do not know who are likely to be different from you – is a value that leads to many positive outcomes for a society. Yet some scholars now argue that trust is lower when we are surrounded by people who are different from us. Eric M. Uslaner challenges this view and argues that residential segregation, rather than diversity, leads to lower levels of trust. Integrated and diverse neighborhoods will lead to higher levels of trust, but only if people also have diverse social networks. Professor Uslaner examines the theoretical and measurement differences between segregation and diversity and summarizes results on how integrated neighborhoods with diverse social networks increase trust in the United States, Canada, the United Kingdom, Sweden and Australia. He also shows how different immigration and integration policies toward minorities shape both social ties and trust.
Author :Philipp Kristian Diekhöner Publisher :Marshall Cavendish International Asia Pte Ltd ISBN 13 :9814779172 Total Pages :153 pages Book Rating :4.8/5 (147 download)
Book Synopsis The Trust Economy: Building strong networks and realising exponential value in the digital age by : Philipp Kristian Diekhöner
Download or read book The Trust Economy: Building strong networks and realising exponential value in the digital age written by Philipp Kristian Diekhöner and published by Marshall Cavendish International Asia Pte Ltd. This book was released on 2017-04-15 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Airbnb, Uber, TripAdvisor, Bitcoin, Carousell – this is the way we live today. Over the past decade, one of the most revolutionary changes in our global economy has been the creation of trusted digital intermediaries. These platforms allow us – as individuals and as businesses – to exchange value with one another in new and better ways. We are experiencing a modern relationship renaissance, enabled by technology and powered by trust.But not everyone has succeeded equally. Corporate innovation efforts are often stymied by a culture of distrust that kills creativity, impedes progress and reduces competitive advantage. As incumbents lurch from one identity crisis to another and startups flood every industry from retail to insurance, only the most trusted players will succeed. The Trust Economy introduces a world-first structured model for building trust in six progressive stages. Whatever industry you’re in, whatever the size of your business, the trust model will set you on the path to reaping the most value from the opportunities and challenges of the digital age.
Book Synopsis The Vampire Economy by : Günter Reimann
Download or read book The Vampire Economy written by Günter Reimann and published by Ludwig von Mises Institute. This book was released on 2007 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is a study of the actual workings of business under national socialism. Written in 1939, Reimann discusses the effects of heavy regulation, inflation, price controls, trade interference, national economic planning, and attacks on private property, and what consequences they had for human rights and economic development. This is a subject rarely discussed and for reasons that are discomforting,: as much as the left hated the social and cultural agenda of the Nazis, the economic agenda fit straight into a pattern of statism that had emerged in Europe and the United States, and in this area, the world has not be de-Nazified. This books makes for alarming reading, as one discovers the extent to which the Nazi economic agenda of totalitarian control--without finally abolishing private property--has become the norm. The author is by no means an Austrian but his study provides historical understanding and frightening look at the consequences of state economic management.
Book Synopsis The Long Shadow of Informality by : Franziska Ohnsorge
Download or read book The Long Shadow of Informality written by Franziska Ohnsorge and published by World Bank Publications. This book was released on 2022-02-09 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.
