Trust at Risk

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Trust at Risk

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Title: Trust at Risk
Implications for EU Policies and Institutions
Author: Copenhagen Business School. CBS; European Commission; Department of Management, Society and Communication; MSC; Department of Management, Society and Communication; MSC
Abstract: The consolidation and further development of the European Union depends on a great deal of trust from its citizens: trust in its integrity, trust in its purpose, and trust in its values. Trust is the belief that people and organisations will behave in a predictable and reliable manner. To trust, in essence, is to take a risk based on positive expectations about others. Many observers detect 'a crisis of trust' today, especially since the recent financial and economic crisis in Europe. We see strong signals that there is a serious lack of trust in public authorities, both at the European and the national level. Between 2007 and 2013 citizens' trust in the EU and in national governments and parliaments fell dramatically. Trust is fundamental for the good functioning of the society and the economy. Institutions are built on it. It is correlated with fairness and responsiveness to people's concerns, and helps sustain a cooperative social climate, as well as foster compliance with laws and standards. Participation in community and civic affairs is less risky and more rewarding when people trust each other. Because of its importance for society, the European Commission is prioritising the need to regain the trust of citizens in the European project. President Juncker's political guidelines underline that the EU is not just a big common market, it is also a Union of shared values. Using a foresight approach, this volume makes a major contribution to better understanding the disruptive effects that an erosion or collapse of trust could have for Europe: for its science, for its political and justice systems, for the regulation of economic activities, social cohesion, for public administrations and for the Internet and cyberspace in general. Its chapters elaborate not only on the potential disruptions, but also on possible policy responses to counteract a further loss of societal trust. The book is an essential contribution to a rich and pragmatic understanding of the 'crisis of trust' in Europe. It is the kind of contribution that citizens expect from foresight analysis and one that I am sure will feed into many EU policy discussions for the years to come.
URI: http://hdl.handle.net/10398/9539
Date: 2017-11-17
Notes: Report of the Expert Group "Trust at Risk? Foresight on the Medium-Term Implications for European Research and Innovation Policies (TRUSTFORESIGHT)"

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