• Trust and the Future of Multilateralism

    8 monthes ago - By iMF Direct

    By David Lipton
    May 10, 2018
    Where trust exists and is reciprocated-where there is “confidence” in policies, institutions and systems-economies will achieve more .
    We live in an era of doubts and questions about the global order. We have seen an erosion of trust in bedrock institutions-political parties, national governments, regional authorities, and among international trade and investment partners.
    We often throw around the word trust rather loosely. But serious and careful work by Luigi Zingales and several others has defined trust as “civic capital”, meaning “those persistent and...
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