This essay argues that trust in institutions, in particular in European institutions, has been severely shaken due to the financial and economic crisis and therefore trust in national parliaments has been risen. To attain the objective, the essay intended to answer the subsequent queries:
(1) had the Eurozone crisis had an impact on the citizens’ trust in EU- and national Institutions and
(2) to what impact did the crisis have on the sense of belonging to a nation and not a Union - the feeling of acting as a single nation?
The present essay consists of different parts: The beginning is presenting an introduce to the Economic and Monetary Union of the EU by contributing some characteristics and, then defining the concept of political trust. Following to that, the Operationalization will be presented followed by the results and the conclusion.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- The Economic and Monetary Union of the European Union
- Concept of trust
- Operationalization
- Results
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This essay aims to analyze the impact of the 2008/2009 financial crisis on citizens' trust in national and European institutions. Using data from Eurobarometer, it examines the development of trust in institutions before and after the crisis. The essay explores the potential consequences of the crisis on citizens' sense of national identity and European unity.
- Impact of the 2008/2009 financial crisis on citizens' trust in institutions
- Development of trust in national governments, parliaments, the European Central Bank, and the European Union
- Relationship between the crisis and citizens' sense of belonging to a nation and the European Union
- The role of the European Economic and Monetary Union in the context of the crisis
- Concept of political trust and its application in the context of European institutions
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction provides an overview of the historical context of the European Union and its current challenges. It highlights the importance of the 2008/2009 financial crisis and its potential impact on citizens' trust. The second chapter focuses on the European Economic and Monetary Union, detailing its origins and objectives. The third chapter defines the concept of political trust, setting the stage for the analysis of trust trends in the following chapters.
Schlüsselwörter (Keywords)
The primary focus of this text is on the impact of the 2008/2009 financial crisis on citizens' trust in national and European institutions. Key terms include political trust, European Union, Economic and Monetary Union, Eurozone crisis, and national identity.
- Quote paper
- Anonym (Author), 2017, The impacts of the financial crisis on citizens trust in institutions, Munich, GRIN Verlag, https://www.grin.com/document/496704
