Trust, institutions and development

被引：1
作者：
Poudel, Biswo [3 ]
Paudel, Krishna P. [1 ,2 ]
机构：
[1] Louisiana State Univ, Dept Agr Econ & Agribusiness, Baton Rouge, LA 70803 USA
[2] LSU Agr Ctr, Baton Rouge, LA 70803 USA
[3] Univ Calif Berkeley, Dept Agr & Resource Econ, Berkeley, CA 94704 USA
来源：
APPLIED ECONOMICS LETTERS | 2012年 / 19卷 / 02期
关键词：
institutions; growth; defence; trust; DEFENSE; GROWTH; COUNTRIES; EUROPE;
D O I：
10.1080/13504851.2011.570699
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article suggests an explanation as to why relatively prosperous societies in the 1500s were unable to protect themselves from the colonialist powers. It reasons that while the prevalence of institutions fostering mutual trust among citizens allowed the earlier prosperous societies to achieve a degree of prosperity that same trust led to lower investments in defence and the eventual fall of the society.
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页码：145 / 147
页数：3
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