While trust in the business sector is crucial for well-functioning markets, there is surprisingly little empirical work on its sources. Available research recognises social trust as a major force explaining confidence in political institutions. Regulation is frequently advocated to foster trust...

It is frequently claimed that high levels of generalised trust are conducive for economic reforms. In contrast, the "traditional view" on institutional and political constraints on the executive (IPCE) postulates that high IPCE tend to paralyse the decision-making process, thus blocking required...

It is frequently claimed that high levels of generalised trust are conducive for economic reforms. In contrast, the "traditional view" on institutional and political constraints on the executive (IPCE) postulates that high IPCE tend to paralyse the decision-making process, thus blocking required...