The Panama papers have further undermined our trust in institutions

CapX
Monday, 11 April, 2016

Bo Rothstein writes an opinion piece about how scandals like the "Panama papers" undermine trust social trust and trust in institutions.

In the Panama case, it is particularly serious that public officials are involved because we expect them not to have personal enrichment as their main priority but to cater to the “public good” and act in accordance with norms such as impartiality and integrity. What is perhaps less well known is the research showing that there is an additional negative effect from scandals like this that may seriously hurt the well-being of societies.

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