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Adaptive Efficiency During the Great Recession

An Analysis of the Institutional and Organizational Determinants of Crisis Resilience

Robert Fritzsch (Autor)

Buch | Softcover

XVI, 379 Seiten

2019 | 1st ed. 2019
Springer Fachmedien Wiesbaden GmbH (Verlag)
978-3-658-27408-5 (ISBN)

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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.

Robert Fritzsch is research associate at the chair of institutional economics and economic policy at the University of Erfurt.

Political Institutions, Interest Group Activity and Crisis Resilience.- Economic Institutions and Crisis Resilience.

Erscheinungsdatum	11.08.2019
Reihe/Serie	Wirtschaft und Politik
Zusatzinfo	XVI, 379 p. 45 illus.
Verlagsort	Wiesbaden
Sprache	englisch
Maße	148 x 210 mm
Gewicht	516 g
Themenwelt	Recht / Steuern ► EU / Internationales Recht
	Recht / Steuern ► Wirtschaftsrecht
	Sozialwissenschaften ► Politik / Verwaltung
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
Schlagworte	Business Cycles • Douglass North • Economic Orders • Institutional Sclerosis • Institutions • Mancur Olson
ISBN-10	3-658-27408-5 / 3658274085
ISBN-13	978-3-658-27408-5 / 9783658274085
Zustand	Neuware