The book seeks to link theoretical debates on the relevance of trust in economic outcomes with the current arguments about the origins and lessons of the subprime crisis. By what mechanisms does trust influence economic outcomes? Under what conditions do these mechanisms prevail? How do debates about trust help our understanding of the subprime crisis in the European Union?--Amazon.

1. Introduction -- 2. Institutional Trust and Individual Decision Making -- 3. Institutional Trust and Policymaking in the EMU -- 4. Fiscal Developments in the EU-15, 1992-2007 -- 5. The Maastricht Process in the CEE-10 -- 6. Financial Crisis in the EU-25 -- 7. The Relevance of Trust for Economic Outcomes.