Garcia Calvo, Angela and Coulter, Steve (2022) Crisis, what crisis? Industrial strategies and path dependencies in four European countries after the crash. Journal of Economic Policy Reform, 25 (3). 191 - 210. ISSN 1748-7870
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Abstract
This paper examines industrial policy responses to the 2008 crisis in four European countries and gauges their long-term significance by asking: to what extent were these politicised, short term remedies; or enduring policy changes? We find that policy responses varied significantly in their coherence and long-term impact and argue that the key influential factors were: the presence of large, globally competitive manufacturing bases spanning several adjacent sectors; and the existence of strong public-private elite networks, rather than pre-existing institutional structures–which proved surprisingly malleable. The paper contributes to the understanding of the determinants of policy-making in times of crisis.
Item Type: | Article |
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Official URL: | https://www.tandfonline.com/toc/gpre20/current |
Additional Information: | © 2020 Informa UK Limited, trading as Taylor & Francis Group |
Divisions: | Management European Institute |
Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor |
Date Deposited: | 04 Sep 2020 14:42 |
Last Modified: | 09 Aug 2024 17:06 |
URI: | http://eprints.lse.ac.uk/id/eprint/106497 |
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