The economy of distrust as a factor of resistance to its recovery
Abstract
Modern scientific thought is characterized by an emphasis not only on purely economic phenomena. Increasing importance is attached to such social phenomena as the formation of a system of intangible values. In the context of a long-term slowdown in global economic growth, factors that were previously considered non-economic and summed up by the concepts of social and human capital are increasingly important. In the context of the economic crisis, as well as the search for the necessary measures to compensate for the damage to the world economy, this article establishes a link between the psychological factor of distrust and the process of economic recovery. The purpose of this work is to analyze and study the impact and psychological consequences of this phenomenon: distrust on enterprises, organizations, people and their way of life. The logical conclusion drawn from qualitative and quantitative analysis is that, at both the microeconomic and macroeconomic levels, the distrust caused by the economic crisis, as well as negative forecasts for recovery, affects and hinders economic development. Restoring trust can be the engine of investment and economic growth.
About the Authors
N. Z. Sayfudinova
Kazan State Power Engineering University
Russian Federation
Russian Federation
senior lecturer
E. R. Sagitov
Kazan State Power Engineering University
Russian Federation
Russian Federation
student
M. M. Yakubov
Kazan State Power Engineering University
Russian Federation
Russian Federation
student
E. I. Latypov
Kazan State Power Engineering University
Russian Federation
Russian Federation
student
E. A. Zapivakhin
Kazan State Power Engineering University
Russian Federation
Russian Federation
student
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Review
For citations:
Sayfudinova N.Z., Sagitov E.R., Yakubov M.M., Latypov E.I., Zapivakhin E.A. The economy of distrust as a factor of resistance to its recovery. Kazan economic vestnik. 2021;(2):22-27. (In Russ.)
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