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Government interventions during the Economic and Financial Crisis 2008/09: An analysis of national economic stimulus programs in response to the economic and financial crisis

机译:2008/09年经济和金融危机期间的政府干预:分析国家经济刺激计划以应对经济和金融危机

摘要

This research traces the sources of differences in national economic stimulus programs designed and set up in response to the economic crisis 2008/09. Based on a comparative case study of the stimulus programs of Germany and France, I argue that differences in the national configuration of the economies and not solely economic preconditions explain the diverging outcomes. Using Vivien Schmidt's Varieties of Capitalism-framework from 2002, I show that corporatist traditions still have a significant impact on policy outcomes in Germany whereas in France various interest groups have to cope with differing conditions for influence exertion. In fact, the balance between social- and business-supporting measures of the German stimulus program is a prime example of the German state as an enabling facilitator. The French stimulus program, that is significantly smaller in contrast to its German counterpart, exhibits a strong support of the industry reflecting the weak position of trade-unions vis-ue0-vis businesses and the state. Overall, the paper provides a comprehensive approach to comparativist policy-research by taking into account economic, institutional and political factors. It shall serve as the starting point for further research in the field of governmental interventions during the crises of the recent years.
机译:这项研究追踪了为应对2008/09年经济危机而设计和建立的国家经济刺激计划中差异的根源。基于对德国和法国刺激计划的比较案例研究,我认为,经济体国家配置的差异,而不仅仅是经济前提条件的不同,可以解释不同的结果。我使用维维恩·施密特(Vivien Schmidt)从2002年开始的《资本主义多样性框架》表明,社团主义传统仍然对德国的政策成果产生重大影响,而在法国,各个利益集团都必须应对影响力发挥作用的不同条件。实际上,德国刺激计划的社会和商业支持措施之间的平衡是德国政府作为推动者的主要例子。法国的刺激计划与德国的刺激计划相比要小得多,显示出对该行业的大力支持,反映了工会对企业和国家的弱势地位。总体而言,本文通过考虑经济,体制和政治因素,为比较主义者的政策研究提供了一种综合方法。它应作为近年来危机中政府干预领域进一步研究的起点。

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