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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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Viac o knihe
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.
Nákup knihy
Adaptive efficiency during the Great Recession, Robert Fritzsch
- Jazyk
- Rok vydania
- 2019
Doručenie
- V rámci SR doručíme do 2 pracovných dní
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- Titul
- Adaptive efficiency during the Great Recession
- Podtitul
- An Analysis of the Institutional and Organizational Determinants of Crisis Resilience
- Jazyk
- anglicky
- Autori
- Robert Fritzsch
- Vydavateľ
- Springer Gabler
- Rok vydania
- 2019
- ISBN10
- 3658274085
- ISBN13
- 9783658274085
- Séria
- Research
- Kategórie
- Skriptá a vysokoškolské učebnice
- Anotácia
- 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.