You have to understand how gears shift from there. Trust is essential for business transactions and specifically for long term investments. You can’t make massive leaps in technology or medicine or many other areas without trust (a lot of money on a leap means if you don’t trust the other side or the government to keep conditions stable, you won’t see a return). Now if you are in a high trust society, you may have a…
> You have to understand how gears shift from there. Trust is essential for business transactions and specifically for long term investments. You can’t make massive leaps in technology or medicine or many other areas without trust (a lot of money on a leap means if you don’t trust the other side or the government to keep conditions stable, you won’t see a return). I am not quite sure, how exactly you mean "trust". Fo…
I would agree many countries are making progress but I would contend they are mostly closing the gap. I don't see countries advancing far above the pack while being extremely corrupt that hinders their ability to progress beyond the rest of the advanced nations.