Description - The Political Economy of Trust by Henry Farrell
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-Wurttemberg, 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.
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(228mm x 152mm x 23mm)
Cambridge University Press
Publisher: Cambridge University Press
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Author Biography - Henry Farrell
Henry Farrell has been Assistant Professor of Political Science and International Relations at the George Washington University since 2004, where he is affiliated with the Center for International Science and Technology Policy. Previously he was Assistant Professor at the University of Toronto from 2002-2004, and Senior Research Fellow at the Max-Planck Project Group on the Law of Common Goods in Bonn, Germany from 2000-2002. Professor Farrell has authored or co-authored eighteen peer reviewed articles for journals including International Organization and Comparative Political Studies and nine chapters for edited volumes. His non-academic publications include articles for Foreign Policy, the Financial Times, the Boston Review, the Chronicle of Higher Education, and The Nation and a policy paper for the German Marshall Fund.