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Transparency and trust in the public sector

Target and benchmarks to ensure macroeconomic stability

Dados Bibliográficos

ID13023902
AutoresTetyana Vasylieva (0000-0003-0635-7978, Sumy State University, autor correspondente), Rafał Kasperowicz (0000-0001-7787-5006, Sumy State University), Inna Tiutiunyk (0000-0001-5883-2940, Széchenyi István University), Eszter Lukács (0000-0001-6066-6881, Széchenyi István University)
Ano2023
Volume16
Fascículo4
Páginas117-135
Data de publicação2023-12-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoJOURNAL OF INTERNATIONAL STUDIES (JOURNAL)
Identificadores do periódicoISSN: 2071-8330 • E-ISSN: 2306-3483
EditoraCentre of Sociological Research, NGO (PUBLISHER)
DOI10.14254/2071-8330.2023/16-4/8
OpenAlexW4390778784
IdiomaEN
Citações recebidas10
Referências citadas66

The article is devoted to the study of the relationship between a country's macroeconomic stability and the level of transparency and public trust in the financial sector and public authorities. Canonical analysis and structural modeling served as methodological tools of the research. The study examined the data from eight EU countries (Austria, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia, Hungary, Czech Republic, and Italy) over the 2011-2021period. Eight indicators of public sector transparency and one indicator of the degree of public trust (Consumer Sentiment Index) were chosen to establish the relationship between the components. The results of structural modeling proved that public trust has a much greater impact on macroeconomic stability than indicators of public sector transparency. A 1-point increase in public trust leads the GDP to increase by 0.018% and the stability of the currency exchange rate – by 0.352%. Meanwhile the same effect from a 1-point increase in the level of public sector transparency amounts to 0.061% and 0.021% increases, respectively

Business · Currency · Czech · Economics · Economy · Index (typography · Monetary economics · Political science · Public relations · Public sector · Public trust · Transparency (behavior · Banking, Crisis Management, COVID-19 Impact · Business and Economic Development · Computer Science · Economic Issues in Ukraine · Accounting

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Obras citantes distintas10
Citações por ano5
Intervalo de citações2024 - 2025 (2)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 10
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