Editorial Introduction

• Autorzy: Michał Pilc
• Języki publikacji: EN

Abstrakty

EN

Trust in social science is commonly defined as a willingness to become vulnerable to someone else's actions. In the world of incomplete information trust substitutes the costly process of gathering knowledge about someone else's interests and previous behaviour. As such, it encourages human interaction, including economic transactions, but also helps to conduct economic policy. Itis also fundamental for introducing new financial instruments or more generally the development of financial markets. The ongoing crisis initiated by theCOVID-19 pandemic and prolonged by Russia's unlawful invasion of Ukraine has a detrimental impact on trust towards family members, trading partners, members of minority groups, political class or society as a whole. This process is fuelled by many populists who undermine public belief in fundamental democratic institutions such as the rule of law. That detrimental impact is difficult to measure and as a result is rarely discussed but its consequences will be long-lasting. The current issue of Economics and Business Review includes six articles covering various current topics present in economic debate. They were written by eleven authors that work in Germany, Poland, Ukraine and Turkey. However, behind this variety of topics it can be seen that all these articles describe phenomena that either help to build trust (the rule of law, the institution of marriage) or to some extent rely on trust (financial development, policy effectiveness, migration). Thus it is hoped that these articles will inspire readers to consider the reasons, consequences and possible remedies for trust deterioration. Economics and Business Review could serve as an outlet of first choice to present the scientific results of these considerations. (fragment of text)

Słowa kluczowe

EN

Trust; Fnancial development; Business efficiency; Migration; Marriage

PL

Zaufanie; Rozwój finansowy; Efektywność gospodarowania; Migracja; Małżeństwo

• Czasopismo: Economics and Business Review
• Rocznik: 2022
• Tom: 8 (22)
• Numer: nr 3
• Strony: 3--5

Twórcy

autor

Michał Pilc

• Poznań University of Economics and Business

Identyfikatory

DOI

10.18559/ebr.2022.3.1