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Der Wirtschaftsstabilisierungsfonds — eine (Zwischen-)Bilanz
[The Economic Stabilisation Fund — An (Interim) Assessment]

Author

Listed:
  • Philipp Steinberg

    (Bundesministerium für Wirtschaft und Energie)

  • Holger Lüthen

    (Bundesministerium für Wirtschaft und Energie)

  • Lukas Gehring

    (Bundesministerium für Wirtschaft und Energie)

  • Daniel Schulz-Bianco

    (Bundesministerium für Wirtschaft und Energie)

Abstract

Zusammenfassung Der Wirtschaftsstabilisierungsfonds (WSF) ist eines von mehreren staatlichen Unterstützungsinstrumenten, die zur Bekämpfung der Folgen der Coronakrise aufgelegt wurden. Der WSF wurde für Unternehmen mit besonderer (volks-)wirtschaftlicher Bedeutung konzipiert. Dabei verfügt der Fonds über ein breites Spektrum an eigenkapitalähnlichen Hybridinstrumenten, wie stillen Beteiligungen und Nachrangdarlehen, wobei im Ausnahmefall auch offene Beteiligungen eingesetzt werden. Trotz der geringen Zahl stabilisierter Unternehmen zeigt sich, dass der WSF ein wichtiger Baustein der Krisenarchitektur ist — dank passgenauer Stabilisierungslösungen konnten wichtige Unternehmen erfolgreich stabilisiert werden.

Suggested Citation

  • Philipp Steinberg & Holger Lüthen & Lukas Gehring & Daniel Schulz-Bianco, 2022. "Der Wirtschaftsstabilisierungsfonds — eine (Zwischen-)Bilanz [The Economic Stabilisation Fund — An (Interim) Assessment]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(3), pages 199-203, March.
    • Handle: RePEc:spr:wirtsc:v:102:y:2022:i:3:d:10.1007_s10273-022-3136-1
    DOI: 10.1007/s10273-022-3136-1
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    References listed on IDEAS

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    1. Douglass C. North, 1990. "A Transaction Cost Theory of Politics," Journal of Theoretical Politics, , vol. 2(4), pages 355-367, October.
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    More about this item

    Keywords

    H12; H81; H84;
    All these keywords.

    JEL classification:

    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts
    • H84 - Public Economics - - Miscellaneous Issues - - - Disaster Aid

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