Robert Fritzsch
Adaptive Efficiency During the Great Recession
An Analysis of the Institutional and Organizational Determinants of Crisis Resilience
Paperback Engels 2019 9783658274085Levertijd ongeveer 9 werkdagen
Gratis verzonden
Samenvatting
Robert Fritzsch provides an institutional economic analysis of the Great Recession. The author shows that institutions matter as determinants of crisis resilience - however in a different way than predicted by the prominent theories of Olson (1982) and North, Wallis, Weingast (2009), as the crisis was most severe in developed countries with democratic political institutions, rule of law and restrained regulations. The empirical results support theoretical predictions only within the sub-group of developed countries, where rule of law and restrained regulations show a positive association with crisis resilience.
Specificaties
ISBN13:9783658274085
Taal:Engels
Bindwijze:paperback
Uitgever:Springer Fachmedien Wiesbaden
Serie:Wirtschaft und Politik
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Inhoudsopgave
Political Institutions, Interest Group Activity and Crisis Resilience.- Economic Institutions and Crisis Resilience.
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