Rebuilding Societal Trust in Latin America | Summary and Q&A

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January 25, 2019
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World Economic Forum
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Rebuilding Societal Trust in Latin America

TL;DR

Unfair systems of inequality and corruption lead to a lack of trust in institutions and governments. Building trust requires addressing the underlying causes of inequality and implementing inclusive growth strategies.

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Key Insights

  • 🥺 Unfair systems of inequality and corruption lead to a lack of trust in institutions and governments.
  • 🏛️ Building trust requires addressing the underlying causes of inequality and implementing inclusive growth strategies.
  • 👀 Cultural confidence can be built by providing success stories and role models for individuals to look up to.
  • 🥹 Corruption can be addressed by targeting top-level officials and holding them accountable.
  • 🌎 Inequality in Latin America can be addressed through inclusive growth strategies and challenging societal beliefs about success.
  • 👨‍⚖️ Developing functioning criminal justice systems is crucial for ensuring safety and security.
  • 🥺 Southeast Asian countries' success can be attributed to their export-led growth strategies and focus on developing cities.

Questions & Answers

Q: How can we address the lack of trust in institutions caused by unfair systems?

Building trust requires addressing the underlying causes of inequality and corruption. This can be achieved through inclusive growth strategies and policies that promote fair outcomes for all individuals.

Q: How can cultural confidence be fostered in societies?

Cultural confidence can be nurtured by providing success stories and role models for individuals to look up to. Highlighting examples of individuals and communities that have overcome challenges and achieved success can inspire others and build confidence in their own abilities.

Q: What can be done to combat corruption and impunity?

To address corruption, it is important to target top-level officials and hold them accountable for their actions. This sends a strong message that corruption will not be tolerated and helps restore trust in institutions. Additionally, developing functioning criminal justice systems and reducing the power and influence of private security forces can help ensure safety and security for all individuals.

Q: How can inequality be addressed in Latin America?

Addressing inequality requires implementing inclusive growth strategies that create opportunities for all individuals to succeed. This may involve investing in education, healthcare, and technology, as well as reducing barriers to social mobility. It is also important to challenge societal beliefs about the causes of inequality and promote a more inclusive understanding of success.

Summary & Key Takeaways

  • Systems of inequality lead to unfair outcomes, causing a lack of trust in institutions and governments.

  • Different regions have different beliefs about the causes of inequality, such as luck versus laziness.

  • In Latin America, belief in a rigged system leads to a desire for more government regulation, while in the US and Europe, belief in lazy individuals leads to opposition to redistribution.

  • Cultural confidence and role models are crucial in building trust and creating a sense of hope for the future.

  • The success of Southeast Asian countries can be attributed to their export-led growth strategies from cities, providing a source of income from the global market.

  • Corruption can be addressed by targeting top-level officials rather than focusing on lower-level individuals.

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