Why is trust in government important today?

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Presentation by Diane Coyle at the OECD Workshop on “Joint Learning for an OECD Trust Strategy” on 14 October 2013. Ms. Coyle discusses how trust effects the economy and the challenges faced.

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Why is trust in government important today?

  1. 1. Why is trust in government important today? Diane Coyle diane@enlightenmenteconomics.com @diane1859
  2. 2. “It’s the economy, stupid” • Intangibles – tacit knowledge and information asymmetries • Globalization – extended supply chains, migration and heterogeneity of workforce • The structural reform trap – hard to achieve with low growth, low growth makes it vital; need a credible promise of ‘jam tomorrow’ • The paradox of trust – both low and high
  3. 3. Governance • Organizational implications of ICT-driven structural change • From command-and-control to networks • Productivity gains only where greater access to information can be used • ‘Information’ vs ‘communication’ • Private sector restructuring vs public sector sclerosis
  4. 4. Other challenges • Limits to knowledge – uncertainty • Limits to understanding - explaining complexity and long-term trade-offs • Limits to action – ‘levers’ don’t work in a non-linear world • Limits to consent – escaping the Catch 22 of low trust in government
  5. 5. Reason and emotion

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