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Results from 2012 Edelman Trust Barometer show widespread distrust of governments and financial sectors
LOS ANGELES — There has been a nine-point drop in trust of governments from 2010 to 2011 to 43 percent internationally, according to the 2012 Edelman Trust Barometer. The Edelman survey reveals widespread lack of faith in not only governments, but with businesses and CEOs also taking a hit.
Out of 25 countries surveyed, less than 50 percent of respondents in 17 countries said they think their governments would do what’s right for their country and themselves. Edelman lists those surveyed as “distrusters” and “trusters” with more countries falling into the distruster category. Edelman looks at trust in governments, business, media and non-governmental organizations (NGOs).
This is the 12th year Edelman has conducted its survey. In Europe, France, Spain and Italy saw their citizens’ trust in their governments drop by more than 10 percent. In Latin America, Brazilians trust of their government plummeted a whopping 53 points. Japan’s government saw a 26 point drop in its citizens’ trust due in part to last year’s earthquake that devastated parts of its east coast, tsunami and its Fukushima Daiichi nuclear plant disaster.
Only 29 percent surveyed view government officials as credible, with nearly 50 percent saying they do not trust government leaders to tell them the truth.
As for business, trust in it fell globally from 56 percent in 2010 to 53 percent in 2011. China was the only country to see a significant increase in its citizens’ trust in business, seeing a rise to 71 percent approval in 2011 from 61 percent in 2010.
Among media, traditional sources are still the most trusted, but social media including networking, content-sharing sites and blogs saw the biggest percentage increase in trust among media sources. And for the fifth year in a row, NGOs were deemed the most trusted institutions in the world.