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Trust, Confidence, and the 2008 Global Financial Crisis
Risk Analysis, 04/09/09
Earle TC - The various stances that government can take with regard to trust—such as supportive or skeptical—are considered. Overall, it is argued that a clear understanding of trust and confidence and a close examination of the specific, concrete circumstances of a crisis—revealing when either trust or confidence is appropriate—can lead to useful insights for both recovery and prevention of future occurrences.
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