GIGA Seminar in Socio-Economics

Trust. The Key to Social Cohesion and Growth in Latin America and the Caribbean

Lecture by Carlos Scartascini, Head of the Development Research Group and Leader of the IDB Behavioral Economics Group

Date

08/09/2022

Start

03:00 p.m. (CET)

End

04:15 p.m. (CET)


  • Trust is the most pressing and yet least discussed problem confronting Latin America and the Caribbean. Whether in others, in government, or in firms, trust is lower in the region than anywhere else in the world. The economic and political consequences of mistrust ripple through society. It suppresses growth and innovation: investment, entrepreneurship, and employment all flourish when firms and government, workers and employers, banks and borrowers, and consumers and producers trust each other. Trust inside private and public sector organizations is essential for collaboration and innovation. Mistrust distorts democratic decision-making. It keeps citizens from demanding better public services and infrastructure, from joining with others to control corruption, and from making the collective sacrifices that leave everyone better off. The good news is that governments can increase citizen trust with clearer promises of what citizens can expect from them, public sector reforms that enable them to keep their promises, and institutional reforms that strengthen the commitments that citizens make to each other. This book guides decision-makers as they incorporate trust and social cohesion into the comprehensive reforms needed to address the region’s most pernicious challenges.

    Speaker: Carlos Scartascini (Head of the Development Research Group at the Research Department and Leader of the Behavioral Economics Group of the Inter-American Development Bank)

    Attendance: If you like to participate in the online seminar, please send an email beforehand to: lisa.hoffmann@giga-hamburg.de. Upon registration you will receive an email invite including the Microsoft Teams link.


    Address

    Online event

    Language

    English

    The GIGA is taking the coronavirus situation very seriously. Our events take place in the digital space or in hybrid format. Team GIGA is still working mainly from home. We are pleased to be able to offer you our products without restriction.

    Notification

    Sign up to receive email notifications about GIGA activities

    Social Media

    Follow us