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Their asset protection is primarily the brute-force effect of the trust's assets being in some offshore debtor-haven, and thus unavailable to creditors no matter what a U.S. court holds.
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Finally, trust in the home country has no effect on the trust of individuals belonging to small communities in the United States.
"Any interruption in moving forward may have the effect of eroding the trust that we are working hard to establish," Baltimore Mayor Catherine Pugh said.
Firstly, it had the effect of promoting trust between the members of the consortium, but also provided a structure that inspired confidence from external institutions, funders, regulators and ethical advisers.
The difference in the effect of trust in the home country between the United States and Australia is even larger (−0.375), although not statistically significant.
If the effect of trust in the home country on individual trust differs for first-generation immigrants in the United States and Australia, this suggests that the migration choices to one of these two host countries may also differ, reflecting an effect of selection in relation to trust.
It could very well be that trusting values are transmitted and then translate into similar behaviours across generations, such that the effect of trust in the home country could vanish, even if trust is transmitted across generations.
We find results which are qualitatively similar to those presented in Table 2: the effect of trust in the home country is higher for the United States and the difference compared with Australia is still large, although not statistically significant.
However, it is also worth noting that the magnitude of the estimated effect is not negligible, implying at least a difference of around 2 percentage points in the effect of trust in the home country between the US and Australia.
The effect of specific trust on the acceptance of selective contracting is significant for all ages (p < 0.001).
The effect of specific trust on the acceptance of selective contracting is stronger for older people than for younger people.
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