Publication:
Trust and Identity in a Small, Post-Socialist, Post-Crisis Society

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dc.contributor.authorBjørnskov, Christian
dc.contributor.authorBogetić, Željko
dc.contributor.authorHillman, Arye L.
dc.contributor.authorPopović, Milenko
dc.date.accessioned2014-04-10T18:53:58Z
dc.date.available2014-04-10T18:53:58Z
dc.date.issued2014-04
dc.description.abstractThe principal focus in the substantial literature on impediments to economic development has been on the inadequacies of policies and governance. However, successful economic development requires effectiveness of markets and incentives for investment, which in turn require trust. This paper reports on trust in a development context. The paper uses trust experiments, a post-experiment survey, and econometric analysis relating trust to identity and other personal attributes in the setting of Montenegro, a small, recently-independent, post-socialist, post-crisis society. External validity was sought by providing sufficient material reward to balance identity-related expressive motives and by having two groups of subjects, one usual university students and another group that, while also students, was somewhat older and had had greater market or commercial experience. The paper reviews cultural priors that can be expected to affect trust and distinguishes between generalized trust that can be socially beneficial and particularized trust that can be disadvantageous for development. The empirical results suggest that trust among private individuals is not an impediment to development in Montenegro. As a result, policy reform can improve economic and social outcomes. However, the results redirect the focus to issues of governance and political entrenchment as potential explanations for impediments to development.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/04/19327174/trust-identity-small-post-socialist-post-crisis-society
dc.identifier.doi10.1596/1813-9450-6828
dc.identifier.urihttps://hdl.handle.net/10986/17713
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6828
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACADEMIC SUCCESS
dc.subjectBANKS
dc.subjectBUSINESS STUDIES
dc.subjectCEOS
dc.subjectCIVIL WAR
dc.subjectCOLLECTIVE
dc.subjectCOLLECTIVE ACTION
dc.subjectCOLLEGE STUDENTS
dc.subjectCOMMERCIAL BANKS
dc.subjectCONFLICT
dc.subjectCOUNTERPARTS
dc.subjectDEPENDENCE
dc.subjectDOCTORAL STUDENTS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC INTERDEPENDENCE
dc.subjectELECTIONS
dc.subjectEMPLOYMENT
dc.subjectEQUALITY
dc.subjectESTATE
dc.subjectFACULTIES
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN TRADE
dc.subjectFOUNDATIONS
dc.subjectFUTURE RESEARCH
dc.subjectHUMAN CAPITAL
dc.subjectIMF
dc.subjectINCOME
dc.subjectINCOMES
dc.subjectINDIVIDUALS
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL COMPARISON
dc.subjectINVESTIGATION
dc.subjectJUDGMENTS
dc.subjectLABOUR MARKET
dc.subjectLIMITED
dc.subjectLITERATURE
dc.subjectMANAGERS
dc.subjectNATIONS
dc.subjectNEGOTIATION
dc.subjectOPEN ACCESS
dc.subjectOPPORTUNISM
dc.subjectORGANIZED CRIME
dc.subjectPAPERS
dc.subjectPERSONS
dc.subjectPOLICE
dc.subjectPOLITICIANS
dc.subjectPRIVATE UNIVERSITY
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLISHERS
dc.subjectRECIPROCITY
dc.subjectRECONSTRUCTION
dc.subjectRENTS
dc.subjectREPUTATION
dc.subjectRULE OF LAW
dc.subjectSOCIAL CAPITAL
dc.subjectSOCIAL INTERACTIONS
dc.subjectSOCIAL NORMS
dc.subjectSOCIETIES
dc.subjectSOCIETY
dc.subjectSTUDENT BODY
dc.subjectTAX
dc.subjectTAX BASES
dc.subjectTAX POLICIES
dc.subjectTUITION
dc.subjectTUITION FEES
dc.subjectUNDERGRADUATE LEVEL
dc.subjectUNDERGRADUATE STUDENTS
dc.subjectUNIVERSITY BUILDINGS
dc.subjectUNIVERSITY STUDENTS
dc.subjectVOCATIONAL TRAINING
dc.subjectVOLUNTARY ORGANIZATIONS
dc.subjectWAR
dc.subjectWARS
dc.subjectWORKERS
dc.subjectWORLD DEVELOPMENT
dc.titleTrust and Identity in a Small, Post-Socialist, Post-Crisis Societyen
dspace.entity.typePublication
okr.crosscuttingsolutionareaPublic-Private Partnerships
okr.crosscuttingsolutionareaFragility, Conflict, and Violence
okr.crossref.titleTrust and Identity in a Small, Post-Socialist, Post-Crisis Society
okr.date.disclosure2014-04-01
okr.date.doiregistration2025-04-10T11:33:07.390944Z
okr.date.doiregistration2025-04-26T02:27:15.512180Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/04/19327174/trust-identity-small-post-socialist-post-crisis-society
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.guid242731468123867578
okr.identifier.doi10.1596/1813-9450-6828
okr.identifier.externaldocumentum000158349_20140401135537
okr.identifier.internaldocumentum19327174
okr.identifier.reportWPS6828
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/04/01/000158349_20140401135537/Rendered/PDF/WPS6828.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryMontenegro
okr.topicEthics and Belief Systems
okr.topicConflict and Development::Post Conflict Reconstruction
okr.topicMacroeconomics and Economic Growth::Political Economy
okr.topicBusiness Ethics
okr.topicLeadership and Values
okr.topicSocial Development::Social Capital
okr.topicPrivate Sector Development
okr.topicCulture and Development
okr.unitPoverty Reduction and Economic Management Unit, Europe and Central Asia Region
okr.volume1 of 1
relation.isAuthorOfPublicationc14617d3-fa61-4780-a0b5-e10a9f51aa9a
relation.isAuthorOfPublication.latestForDiscoveryc14617d3-fa61-4780-a0b5-e10a9f51aa9a
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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