Adaptive Efficiency During the Great Recession: An Analysis of the Institutional and Organizational Determinants of Crisis Resilience

Author:   Robert Fritzsch
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Edition:   1st ed. 2019
ISBN:  

9783658274085


Pages:   379
Publication Date:   09 August 2019
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Adaptive Efficiency During the Great Recession: An Analysis of the Institutional and Organizational Determinants of Crisis Resilience


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Overview

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.  

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Author:   Robert Fritzsch
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Springer Gabler
Edition:   1st ed. 2019
Weight:   0.516kg
ISBN:  

9783658274085


ISBN 10:   3658274085
Pages:   379
Publication Date:   09 August 2019
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

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

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Author Information

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

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