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9780521886499

The Political Economy of Trust: Institutions, Interests, and Inter-Firm Cooperation in Italy and Germany

by Henry Farrell
  • ISBN13:

    9780521886499

  • ISBN10:

    052188649X

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 2009-08-24
  • Publisher: Cambridge University Press

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Summary

Trust and cooperation are at the heart of the two most important approaches to comparative politics - rational choice and political culture. Yet we know little about trust's relationship to political institutions. This book sets out a rationalist theory of how institutions - and in particular informal institutions - can affect trust without reducing it to fully determine expectations. It then shows how this theory can be applied to comparative political economy, and in particular to explaining inter-firm cooperation in industrial districts, geographical areas of intense small firm collaboration. The book compares trust and cooperation in two prominent districts in the literature, one in Emilia Romagna, Italy, and the other in Baden-Württemberg, Germany. It also sets out and applies a theory of how national informal institutions may change as a result of changes in global markets, and shows how similar mechanisms may explain persistent distrust too among Sicilian Mafiosi.

Table of Contents

Introduction
A theory of institutions and trust
Varieties of capitalism and industrial districts
Trust and institutions in industrial districts
Accounting for change in informal institutions
Informal institutions without trust: relations among Mafiosi in Sicily
Conclusion
Bibliography
Table of Contents provided by Publisher. All Rights Reserved.

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