Adaptive efficiency during the great recession: an analysis of the institutional and organizational determinants of crisis resilience
Auteur :
Fritzsch, Robert
Éditeur :
Springer Fachmedien Wiesbaden
ISBN :
9783658274085
Date de publication :
9 août 2019
Dimensions :
21,0 x 14,8 cm
Langue :
Anglais
Pays d'origine :
Allemagne
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.