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Structures of Trust

Britain and Russia Compared

Bibliographic Data

ID2299667
AuthorsGeoffrey Hosking (University College London, corresponding author)
Year2011
Volume10
Issue2
Pages186-220
Publication date2011-01-01
Open AccessNo
TypeARTICLE
VenueComparative Sociology (JOURNAL)
Journal identifiersISSN: 1569-1322 • E-ISSN: 1569-1330
PublisherWalter de Gruyter GmbH (PUBLISHER • DE)
DOI10.1163/156913311x566562
OpenAlexW1979672966
LanguageEN
Citations received2

This paper uses the concept of social trust to extend the 'institutional economics' of North and Olson, and more specifically Hedlund's 'path dependence' account of Russia's economic development. For this purpose it compares the evolution of Britain and Russia since the eighteenth century. A key determinant of social trust is the relation between the state, money and the population. In Britain trust was mobilised through state fiscal policies, public credit, and the rule of law. In Russia (and the USSR) trust was also placed in a strong state, but one which operated rather through personal patronage and the joint responsibility of local institutions. This crucial difference explains why in the 1990s Russia adapted so poorly to market economics

Economic system · Economics · Economy · Political economy · Political science · Population · Public trust · Relation (database · Sociology · State (computer science · Demography · Law · Russia and Soviet political economy

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Citations per year0.25
Citation span2018 - 2024 (7)
Highly citedNo

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