HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Economy (Group) » STOCK MARKET WATCH -- Tue... » Reply #11

Response to Tansy_Gold (Original post)

Tue Nov 5, 2013, 07:20 AM

11. OECD: ECONOMIC CRISIS HITS TRUST IN GOVERNMENTS

http://bigstory.ap.org/article/oecd-economic-crisis-hits-trust-governments

BRUSSELS (AP) — The financial crisis of the past few years has severely sapped confidence in government around the globe, a think-tank representing the world's wealthiest economies said Tuesday.

"In countries most hit by the crisis, the people have lost trust in their institutions to actually help them and solve their problems," said Martine Durand, the chief statistician of the Organization for Economic Cooperation and Development.

The report, "How's Life? 2013," showed that the percentage of people that trust national government declined in the United States from 50 percent in 2009 to 35 percent last year.

Among the OECD's euro constituency— 14 of the 17 EU countries that use the euro are members of the OECD — the proportion trusting government fell from 49.1 to 42.8 percent over the same period. In Japan, the situation's even worse, dipping from 27 percent in 2010 to 17 percent last year.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Please login to view edit histories.