My boss mentioned that the level of economy is proportional to the level of trust. Thinking about it, it does make sense. For every business transaction, you would add the cost of contracts, lawyers, and the risk premium to cover for the probability of your partner not meeting his obligations. Not only would this cost you money (but definitely enrich those lawyers) but this would also cost you time. Is this why this country lags behind its neighbors? I remember when I went to Thailand, Migs and I encountered this tailor and we decided to have 3 shirts each made. After picking the cloth and style and having our measurements taken, we paid. But he said he doesn’t give a receipt. Just his business card. We were taken aback but we decided to say the heck with it and paid. I wrote it off already but that night, the shirts were actually waiting back at the hotel. Amazing.