Trade and Development Review, Vol 13, No 1 (2020)

A note on valuation of trust, social capital and development

Saswati Chaudhuri, Biswajit Mandal

Abstract


This short note attempts to briefly focus on the relevance of trust among people and on the government to ensure higher effectiveness of any socioeconomic policies. This very issue has not been received much attention in the mainstream literature hitherto, whereas the role of social capital has been accepted as a major catalyst for such development. Thus we strive to relate the dimension of valuation of trust with the efficacy of social capital and the incidence of COVID infections in some selected economies of the world.

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