Abstract
Social trust is increasingly seen as a non-economic determinant of economic development. Its positive impact on the economic sphere of social life, proven by numerous studies, is an incentive for new research initiatives examining the social trust level, since the results may be vital for the local policy-making. The main aim of the article is to study the relationships between social trust and the economic development. To accomplish this goal, a social trust indicator and an economic ranking list for the researched units were created.The statistical analyses performed demonstrated a statistically significant correlation between the examined phenomena and proved that the highest developmental level is a characteristic feature of the districts with a high level of social trust. This conforms the claims of Polish and international scholars who see trust as a non-economic determinant of economic development.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.