— World Economic Forum (@wef) December 19, 2017
Trusting our government is in our own interest because it supports economic growth. The more people trust their government the more they are likely to invest and spend, which boosts the economy.
Official policies and initiatives are also more likely to work. For instance, people are more likely to pay their taxes and comply with regulations if they trust their government. This is particularly true when people are asked to make sacrifices – such as austerity measures – for the common good.
Governments must do more to win back their citizens’ trust, says the OECD. They need to start putting more money into public services, and become better at meeting the needs of the entire population, including in healthcare, employment and education. They also need to make sure that all their citizens can access government services.