7 Jul 2018
Can Cooperation Survive Without Trust ?
While the effects of the global financial crisis of 2008 seem to finally be fading, economic and institutional risks are still quite present. Economic and social tensions are increasing, while popular confidence in institutions responsible for appeasing them seems to be shrinking. Rather than adopting cooperative behaviours and seeking the best overall compromise, mistrust seems to be generalized towards transnational agreements and executive representatives. Would cooperation be economically expensive?
In a predominantly non-cooperative ecosystem, it seems misleading to believe in an optimal solution allowing the development of individual economic horizons. Can we then restore trust in institutions, large companies or, more broadly, in the future, by establishing more cooperative pacts between stakeholders? Furthermore, is trust a necessary precondition for any cooperation? If this is the case, to hope for the success of any agreement, must we take into account the divergent aspirations of all actors involved to build a common and credible ambition? How can we trust our neighbours in a context of widespread economic competition? Could regulation be a more effective form of collaboration between the executive power and other economic players? Can a “trust society” be restored?
Le Cercle des économistesBiography
Silk Road International Cultural and Economic Cooperation Organization of ChinaBiography
Minister in charge of the Plan Senegal EmergentBiography
Director of The Middle East and Mediterranean Chair
Université Paris Sciences et LettresBiography
ODDO BHF SCABiography
Pedro VILLAGRA DELGADO
Ministry of Foreign Affairs – Republic of ArgentinaBiography
Can cooperation manage without confidence_AURIOL