Handbook of social capital: The troika of sociology, political science and economics

Type Book Section - The macro perspective on generalized trust
Title Handbook of social capital: The troika of sociology, political science and economics
Author(s)
Publication (Day/Month/Year) 2009
Page numbers 354-375
Publisher Edward Elgar
City Cheltenham,
URL http://www.google.com/url?sa=t&rct=j&q="south africa" "world values​survey"&source=web&cd=16&ved=0CGAQFjAFOAo&url=http://www.martin.paldam.dk/Papers/Social-capital/GT-s​hort.pdf&ei=VKZUT63bNYmK4gSBlbi5DQ&usg=AFQjCNGX7repffzHo2ErfdwimLv_JNW_xw
Abstract
The paper looks at 188 polls of generalized trust (most people can be trusted). This question has been asked by the World Values Surveys in 83 countries, over a period of almost 20 years. It is argued that the 188 resulting average “G-scores” measures the justified “rational” trust levels in the countries. It is demonstrated that the G-scores are sufficiently volatile to be endogenous, and that they reacted strongly to the transition from socialism in Eastern Europe. It is further demon-strated that the Gini coefficient, life satisfaction, corruption, and thus indirectly income are the best explanatory factors for the G-trust. They are all strongly related to income, and dominate the direct effect of trust on income, and trust is at most weakly related to democracy either way.

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