Studies show that countries that are socially cohesive and have high trust in their institutions perform better economically. When governments have the trust of their citizens, it is easier for them to implement policies that are needed to achieve their development goals and citizens' aspirations.
However, the widening inequality between the rich and the poor and the persistence of corruption have all resulted in people feeling disenchanted and dissatisfied, causing erosion of trust and confidence in their institutions that may lead to social conflicts. New communication platforms such as social media can also either unite or polarize societies more.
Know more about the weakening of social cohesion and trust and other features of the New Globalization. Download the PIDS study, "Understanding the New Globalization: Implications for the Philippines", here: https://www.pids.gov.ph/
For more information, watch the livestream of Parallel Session 4 from the recently concluded Fifth Annual Public Policy Conference (APPC).