The Effects of the Financial Crisis on Systemic Trust. CEPS Working Document No. 316, 17 July 2009
(2009) The Effects of the Financial Crisis on Systemic Trust. CEPS Working Document No. 316, 17 July 2009.
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Abstract
The financial crisis had a significant impact on the levels of trust that citizens place in the system and its institutions. Recent data from Eurobarometer show a significant fall in confidence on the part of European citizens in the EU’s institutions. For the first time since its creation, a majority of European citizens no longer trust the European Central Bank. However, confidence levels in national governments have actually risen, supporting a contrasting trend between confidence levels in European and national institutions. This decrease in confidence towards the ECB is flanked in the case of Germany by strong anti-capitalist sentiments and a sharp decline in support for the social market economy.
| Item Type: | Working Paper |
|---|---|
| Remote Resource Image: |  |
| Public Domain: | No |
| Refereed: | No |
| Status: | Published |
| Authors, Individual: | Roth, Felix. |
| Title: | The Effects of the Financial Crisis on Systemic Trust. CEPS Working Document No. 316, 17 July 2009 |
| Language: | English |
| Journals and Series: | Series > Centre for European Policy Studies (Brussels) > CEPS Working Documents |
| Pages: | 11 |
| Month: | July |
| Year: | 2009 |
| Subjects: | EU policies and themes > Policies & related activities > social policy > welfare state EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis/recession 2008-9 Countries > Germany EU policies and themes > Policies & related activities > social policy > general EU policies and themes > Policies & related activities > political affairs > public opinion |
| Alternative Locations: | http://shop.ceps.eu/BookDetail.php?item_id=1877 |
| ID Code: | 11334 |
| Deposited By: | Wilkin, Phil |
| Deposited On: | 27 July 2009 |
