Skip to main content
  • 605 Accesses

Abstract

One of the key variables in the social capital discussions is generalized trust.1 To save words, the average generalized trust for a country is termed: G-trust. Table 12.1 gives the formulation and the aggregate of all answers in the World Values Survey,2 which cover 188 pools in 83 countries during the last two decades of the twentieth century. Almost 30 per cent of the 255,399 answers say that ‘most people can be trusted’. The individual country G-trusts are listed in the Appendix.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References A

  • D. Acemoglu, S. Johnson and J. Robinson (2005) ‘Institutions as the fundamental cause of long-run growth’, in P. Aghion and S. Durlauf (eds), Handbook of Economic Growth (Amsterdam: North-Holland), pp. 385–472.

    Google Scholar 

  • P. Aghion and S. Durlauf (eds) (2005) Handbook of Economic Growth (Amsterdam: North-Holland).

    Google Scholar 

  • N. Berggren, M. Elinder and H. Jordahl (2007) Trust and Growth: A Shaky Relationship, IFN Working Paper No. 705, Stockholm, Sweden.

    Google Scholar 

  • N. Berggren and H. Jordahl (2006) ‘Free to trust: Economic freedom and social capital’, Kyklos, 59, 141–169.

    Article  Google Scholar 

  • C. Bjørnskov (2006) ‘Determinants of generalized trust: A cross-country comparison’, Public Choice, 130, 1–21.

    Article  Google Scholar 

  • C. Bjørnskov (2009) ‘Economic growth’ Cpt 20, 337–53, in G. L. H. Svendsen and G. T. Svendsen (eds), Handbook of Social Capital. The Troika of Sociology, Political Science and Economics (Cheltenham: Edward Elgar).

    Google Scholar 

  • P. Dasgupta and I. Serageldin (eds) (2000) Social Capital: A Multifaceted Perspective (Washington, DC: World Bank).

    Google Scholar 

  • J. Delhany and K. Newton (2005) ‘Predicting cross-national levels of social trust: Global pattern or Nordic exceptionalism?’, European Sociological Review, 21, 311–327.

    Article  Google Scholar 

  • J. W. V. Deth, M. Maraffi, K. Newton and P. F. Whiteley (eds) (2002) Social Capital and European Democracy (Abingdon: Routledge).

    Google Scholar 

  • G. Doppelhofer, R. I. Miller and X. Sala-i-Martin (2004) ‘Determinants of long-term growth: A Bayesian Averaging of Classical Estimates (BACE) approach’, American Economic Review, 94, 813–835.

    Article  Google Scholar 

  • H. Doucouliagos and M. Ulubasoglu (2008) ‘Democracy and economic growth: A meta-analysis’, American Journal of Political Science, 52, 61–83.

    Article  Google Scholar 

  • B. S. Frey and A. Stutzer (2002) Happiness and Economics: How the Economy and Institutions Affect Human Well-being (Princeton, N.J.: Princeton UP).

    Google Scholar 

  • F. Fukuyama (1995) Trust (New York: Simon and Schuster/Free Press).

    Google Scholar 

  • C. Grootaert and T. V. Bastelaer (eds) (2002) The Role of Social Capital in Development (Cambridge, UK: Cambridge UP).

    Google Scholar 

  • E. Gundlach and M. Paldam (2009) ‘Farewell primacy. The political system and the economy’, European Journal of Political Economy, 25, 340–354.

    Article  Google Scholar 

  • J. F. Helliwell and R. Putnam (1995) ‘Economic growth and social capital in Italy’, Eastern Economic Journal, 21, 295–307.

    Google Scholar 

  • R. Inglehart, M. BasĂ¡Ă±ez, J. DĂ­ez-Medrano, L. Halman and R. Luijks (eds) (2004) Human Beliefs and Values. A Cross-Cultural Sourcebook Based on the 1999–2002 Values Survey (MĂ©xico, DF: Siglo XXI Editiones).

    Google Scholar 

  • R. Inglehart, M. BasĂ¡Ă±ez, M. and A. Moreno (eds) (1998) Human Values and Beliefs. A Cross-Cultural Sourcebook (Ann Arbor, M. I.: University of Michigan Press).

    Google Scholar 

  • J. G. Lambsdorff (2007) The Institutional Economics of Corruption and Reform (Cambridge, UK: Cambridge UP).

    Book  Google Scholar 

  • A. Leigh (2006) ‘Does equality lead to fraternity?’, Economics Letters, 93, 121–125.

    Article  Google Scholar 

  • A. Maddison (2001) The World Economy: A Millennial Perspective (Paris: OECD).

    Book  Google Scholar 

  • A. Maddison (2003) The World Economy: Historical Statistics (Paris: OECD).

    Book  Google Scholar 

  • M.Paldam (2000) ‘Social capital: one or many?’, Journal of Economic Surveys, 14, 629–653.

    Article  Google Scholar 

  • M. Paldam (2002) ‘The big pattern of corruption. Economics, culture and the seesaw dynamics’, European Journal of Political Economy, 18, 215–240.

    Article  Google Scholar 

  • M. Paldam (2009) ‘The macro perspective on generalized trust’, in G. L. H. Svendsen and G. T. Svendsen (eds), Handbook of Social Capital. The Troika of Sociology, Political Science and Economics (Cheltenham: Edward Elgar), pp. 354–375.

    Google Scholar 

  • M. Paldam and E. Gundlach (2008) ‘Two views on institutions and development: The grand transition vs the primacy of institutions’, Kyklos, 61, 65–100.

    Article  Google Scholar 

  • M. Paldam and G. T. Svendsen (2000) ‘An essay on social capital: Looking for the fire behind the smoke’, European Journal of Political Economy, 16, 339–366.

    Article  Google Scholar 

  • M. Paldam, G. T. Svendsen (2002) ‘Missing social capital and the transition in Eastern Europe’, Journal for Institutional Innovation, Development and Transition (IB Review), 5, 21–34.

    Google Scholar 

  • R. D. Putnam, R. Leonardi and R. Y. Nanetti (1993) Making Democracy Work. Civic Traditions in Modern Italy (Princeton, NJ: Princeton University Press).

    Google Scholar 

  • R. D. Putnam (2000) Bowling Alone: The Collapse and Revival of American Community (New York: Simon & Schuster).

    Book  Google Scholar 

  • J.-E. Sturm and J. D. Haan (2005) ‘Determinants of long-term growth: New results applying robust estimation and extreme bounds analysis’, Empirical Economics, 30, 597–617.

    Article  Google Scholar 

  • G. L. H. Svendsen and G. T. Svendsen (eds) (2009), Handbook of Social Capital. The Troika of Sociology, Political Science and Economics (Cheltenham: Edward Elgar).

    Google Scholar 

  • E. M. Uslaner (2002) The Moral Foundation of Trust (Cambridge UK and New York: Cambridge UP).

    Book  Google Scholar 

References B: Net links

Download references

Authors

Editor information

Editors and Affiliations

Copyright information

© 2011 Martin Paldam

About this chapter

Cite this chapter

Paldam, M. (2011). Generalized Trust: The Macro Perspective. In: Sacconi, L., Antoni, G.D. (eds) Social Capital, Corporate Social Responsibility, Economic Behaviour and Performance. Palgrave Macmillan, London. https://doi.org/10.1057/9780230306189_13

Download citation

Publish with us

Policies and ethics