Ce este "al patrulea capital" și de ce este esențial pentru viitorul societăți. Leonardo Badea, BNR: Distanța dintre statistici și percepții nu trebuie ignorată - Economica.net

Leonardo Badea, the BNR's first vice-governor, emphasizes the importance of public perception in economics, referring to it as the 'fourth capital.' He argues that while financial, physical, and human capital are measurable, public perception significantly influences societal resource mobilization and acceptance of reforms. This concept, dating back to Adam Smith, highlights that economic decisions are not solely based on rational calculations but are also shaped by trust and social interactions. Modern behavioral economics further supports this view, showing that decision-making is affected by various psychological factors. The current index aims to quantify these perceptions.