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How Does Social Trust Affect Economic
Correlation does not imply causation, however the video seems to suggest that high levels of trust cause increased quality of governance and higher schooling, which in turn cause higher levels of growth. Could we not consider the opposite to be true? That better quality of governance and the rule of law, and more schooling, lead to higher trust. For example, I can imagine a very trusting society getting all of a sudden poor quality of governance and after a while, after being disappointed over and over again, losing that initial trust and that affecting the way businesses are run, etc... and hence negatively affecting growth.
You really need to put in a bit more effort on these videos - here we have a discussion of the high correlation between trust and growth in nation-states and immediately underneath you state: "Trust cannot be underrated as an important SOURCE of growth and economic development. " There is no direct evidence presented to support this hypothesis other than the correlation. Its just such a disappointingly shallow understanding of the issues involved. I think it would also be interesting to look at the correlation between measures Trust and the GINI index for each country. As I suspect there might be quite a high correlation there also.