Authors:

  • Rafael Di Tella

Excerpt

Private Legitimacy and Public Capacity: The Role of Meetings between Regulators and the Private Sector. Rafael Di Tella, June 8, 2015, Paper. "We analyze why countries where the public has a positive image of the private sector, are also countries where there are high-quality policies in place. In other words, why is private legitimacy correlated with state capacity? We show in a theoretical and experimental way that if the public distrusts businessmen, it will not allow meetings between businessmen and government officials to take place. These meetings are allowed in countries where businessmen are highly regarded..." Link