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OverviewRobert 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. Full Product DetailsAuthor: Robert FritzschPublisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Imprint: Springer Gabler Edition: 1st ed. 2019 Weight: 0.516kg ISBN: 9783658274085ISBN 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 ![]() We will order this item for you from a manufactured on demand supplier. Table of ContentsPolitical Institutions, Interest Group Activity and Crisis Resilience.- Economic Institutions and Crisis Resilience.ReviewsAuthor InformationRobert Fritzsch is research associate at the chair of institutional economics and economic policy at the University of Erfurt. Tab Content 6Author Website:Countries AvailableAll regions |