Conceptualising the complexity-reducing role of societal trust in transnational economic regulation - towards an interdisciplinary research methodology Online publication date: Tue, 08-Oct-2019
by Jens Hillebrand Pohl
International Journal of Public Law and Policy (IJPLAP), Vol. 6, No. 3, 2019
Abstract: Trust in the international economic legal order has been associated with an historic global expansion of trade and investment. That trust is at constant, if not imminent, risk of erosion, and may even, in the perception of some, already be in the process of erosion. The interaction between trust and the notion of complexity may hold the key to understanding that process, whether actual or potential. On the premise of that interaction, an evolutionary interpretation of the transnational regulation of economic private-public relationships as a complex adaptive system may indicate whether and how trust in this context should be restored. The paper sketches the contours of an interdisciplinary research agenda aimed at exploring and investigating the proposition that an evolutionary interpretation of complexity in transnational economic relations may help to situate and explain that complexity and, thereby, to better understand the practical importance of trust in transnational economic regulation.
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