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The Moral Economy and Operationalising Trust

Abstract

The objective of this paper is to make a conceptual contribution to the analysis of projects through an exploration of the moral economy and trust. The moral economy is defined and trust is then explored in relation to the moral concepts of dignity and respect. An evaluation is made of the importance of understanding the moral economy as an additional means to operationalise trust.The analysis will be placed in the context of the theoretical importance of the moral economy to the operation of the market and hence to management and economics, which poses a challenge to many of the ways in which management and economics are conceived

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