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Trust in Transactions
Prasanta Ray and Rukmini Sen
Price : ₹ 975.00  
ISBN : 9789352876259
Language : English
Pages : 348
Binding : Hardback
Book Size : 140 x 216 mm
Year : 2019
Series :
Territorial Rights : World
Imprint : No Image
Catalogues : EconomicsSociology
About the Book

Trust, the foundation of cooperative living, is an important part of all social relationships. There is no site—institutions, organisations, nation-states—where relationships can be sustained without trust.

In India, trust has currently become an important issue. Citizens are concerned about the trustworthiness of policies and practices that lie at the intersection of governance and economy.

Transactions are at the centre of all economic activities, conducted by a variety of economic actors. Hence, trust is a vital facilitator of transaction. Trust is seen here as relational trust, trust developed from and sustained by relationships between the trusting and the trusted.

Beginning with an overview of trust analysis across disciplines, the chapters analyse a range of transaction spaces and stakeholders engaged in making, sustaining and reconfiguring trust. The spaces include:

  • factories and financial institutions;
  • homes, neighbourhoods and streets, where trust is a critical variable in some economic transactions taking place.

The different players and stakeholders in these transactions of trust include:

  • organised labour,
  • migrant workers,
  • self-help/neighbourhood groups,
  • domestic workers and caregivers, and
  • street children.

The authors have used multiple research techniques in order to locate and analyse the appropriate data. This is the first social science text to address the critical issue of trust in transactions.

Table of Contents

List of Tables
List of Figures
List of Abbreviations

Prasanta Ray and Rukmini Sen                                                                                     


Chapter 1:
Two Paradigms of Trust
Sabyasachi Bhattacharya


Chapter 2:
Trust as Relational
Prasanta Ray

Chapter 3:
Domestic Labour and Domestic Work(er)
Domesticity as a Site of Contested Trust and Discipline
Rukmini Sen

Chapter 4:
Lifeworlds of Street Children in Kolkata City
Trust and Economic Transactions
Anwesha Paul (Das)

Chapter 5:
Kinship, Social Network and the Rajbanshi Diaspora in Jaipur, Rajasthan
An Examination of Trust Making and Trust Sustenance
Ushasi Basu Roy Chowdhury

Chapter 6:
Capability, Efficiency, Trust

Work Experiences of Persons with Disabilities in India
Nandini Ghosh

Chapter 7:
Do Incentives Lead to Trust?
An Empirical Study of Self-Help Group Bank Linkage (SBL) Programme in West Bengal
Sujata Bera

Chapter 8:
Trust and Loaning
Formal-Informal Interactions in the Indian Credit Market
Atanu Sengupta and Sanjoy De

Chapter 9:
Trust and Performance
A Study of Select Small Firms in West Bengal
Sharmistha Banerjee and Mousumi Roy

Chapter 10:
Labour, Capital and (Dis)trust
Case Studies from West Bengal
Subhanil Chowdhury and Supurna Banerjee

Chapter 11:
The Small Farmers and the Large Trader in Neoliberal Times
Narratives on Trust Formation
Dipankar Das

Chapter 12:
Trusting the ‘Unknown’
Impersonal Mediation and Development of New Business in E-commerce
Anirban Sengupta

Chapter 13:
Circuits of Capital in India
Trust, ‘Informality’ and the Institution of the Family-owned Business Group 
Chirashree Das Gupta

Notes on the Contributors

Contributors (Author(s), Editor(s), Translator(s), Illustrator(s) etc.)

Prasanta Ray is Professor Emeritus in Sociology, Presidency University, Kolkata, and Member, Calcutta Research Group.

Rukmini Sen is Professor, School of Liberal Studies, Ambedkar University Delhi, New Delhi.