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German policy during the Eurozone crisis supposedly follows an ordoliberal tradition. In this paper, we discuss to what extent this contention holds and to what extent Germany pragmatically responded to different crisis phenomena. A proper analysis of ordoliberal thinking reveals that the...
Persistent link: https://www.econbiz.de/10011280050
German policy during the Eurozone crisis supposedly follows an ordoliberal tradition. In this paper, we discuss to what extent this contention holds and to what extent Germany pragmatically responded to different crisis phenomena. A proper analysis of ordoliberal thinking reveals that the...
Persistent link: https://www.econbiz.de/10010528303
internal adaptation pressures influenced the transformation of the party-state system in China? Did reactions have an impact on …
Persistent link: https://www.econbiz.de/10003986267
With the implementation of the approach of the Interactive Party-State model (Csanádi, 2006, 2011) the paper … sensitivity of government reactions to crisis. It points to government’s bias towards the construction industry, state owned and … large enterprises with domestic trade orientation. It suggests the dynamizing effect of biased state intervention on …
Persistent link: https://www.econbiz.de/10009229826
How do countries with differing political institutions respond to national crises? We examine policy responses to the coronavirus pandemic in a sample of 125 countries, using high frequency data on two measures: (i) containment policies, i.e., closure of public spaces and restrictions on...
Persistent link: https://www.econbiz.de/10013235775
How do external and internal adaptation pressures influence the transformation of the party-state system in China? How … of global crisis. Our approach is institutional and systemic, in view of the postulates of the Interactive Party-State … spatial characteristics. -- party-state model ; short-term shocks ; system transformation ; global crisis ; migration …
Persistent link: https://www.econbiz.de/10008758054
Global downturn in 2008 exerted strong adaptation pressures on China that incited prompt state response. The one …-off large state intervention had consequences in several dimensions: on the one hand, it had a positive impact on the system …'s short-term economic, social and political stability by dynamizing different economic sub-spheres. State intervention, at the …
Persistent link: https://www.econbiz.de/10009512785
state interventions to compensate the impact of the crisis activate the general and specific Chinese characteristics of … indebtedness ; crisis ; party-state system ; resource distribution ; state inter-vention ; overheating …
Persistent link: https://www.econbiz.de/10009741334
Ireland is one of the countries most severely affected by the Great Recession. National income fell by more than 10 per cent between 2007 and 2012, as a result of the bursting of a remarkable property bubble, an exceptionally severe banking crisis, and deep fiscal adjustment. This paper examines...
Persistent link: https://www.econbiz.de/10009765520
external shock caused by the global crisis and the subsequent internal reaction in the form of intensified stimulating state … intervention. New chances for resource distribution and investments through state intervention mobilized distribution priorities … and politically rational economic behavior of actors, characteristic to party-state systems. Locations of mobilization …
Persistent link: https://www.econbiz.de/10010212541