Trust An Economic Analysis And Interpretation Of The Status Quo Of China In Transition, Trust,

Trust reflects believes and hopes from every social member. As a famous economist said Trust is central to all transactions and yet economists rarely discuss the notion. It is treated rather as background environment, present whenever called upon, a sort of ever-ready lubricant that permits voluntary participation in production and exchange. Economists could not ignore the importance of trust. In fact, trust has played an important role in modern society. That is why economists should not build their so-called sociology in one closed system. Therefore, to analyze every social phenomenon, we not only use the traditional instruments, but also abolish the limitation between every project. That is the reason this article choose trust as the thumb. The author tries to put forward some helpful and constructive suggestions on the basis of theoretical discussions.China now is experiencing a large scale of economy and social structure transition. But trust mechanism confronts a very serious crisis. The harmful effects which are causes by the crisis become more and more serious. If we do not pay much attention to this point, the social order will probably disintegrate. The elimination of trust relationship is the systematic project. To accomplish this project, rule by the virtue and rule by the law should be firstly emphasized, and credible government is to be built through system reform. Institutional system of credible is also to be built and the citizens' recognition of common value system of society should be enforced, therefore the system of politics, economy and culture can be prompted and developed harmoniously.This article distinctive quality lies in from the system economic and the behavior economics angle of view, widely will absorb the sociology, the psychology, the behavior study to this question research results and the analysis method, the union in the near future the social investigation data and renews to reforming, has analyzed the reason which the current Chinese transformation trust crisis will appear, and proposed to reconstruct trust in the transformation period.