02997nam 22005175 450 991034955840332120200704150222.03-658-27409-310.1007/978-3-658-27409-2(CKB)4100000008785932(MiAaPQ)EBC5843047(DE-He213)978-3-658-27409-2(EXLCZ)99410000000878593220190730d2019 u| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierAdaptive Efficiency During the Great Recession An Analysis of the Institutional and Organizational Determinants of Crisis Resilience /by Robert Fritzsch1st ed. 2019.Wiesbaden :Springer Fachmedien Wiesbaden :Imprint: Springer Gabler,2019.1 online resource (393 pages)Wirtschaft und Politik,2524-59453-658-27408-5 Includes bibliographical references.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. Contents Political Institutions, Interest Group Activity and Crisis Resilience Economic Institutions and Crisis Resilience Target Groups Scholars and students of economics, political science, and sociology Politicians, public employees About the Author Robert Fritzsch is research associate at the chair of institutional economics and economic policy at the University of Erfurt. .Wirtschaft und Politik,2524-5945Economic policyEvolutionary economicsLaw and economicsEconomic Policyhttps://scigraph.springernature.com/ontologies/product-market-codes/W34010Institutional/Evolutionary Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W53010Law and Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W39000Economic policy.Evolutionary economics.Law and economics.Economic Policy.Institutional/Evolutionary Economics.Law and Economics.330.90511Fritzsch Robertauthttp://id.loc.gov/vocabulary/relators/aut963846BOOK9910349558403321Adaptive Efficiency During the Great Recession2185842UNINA