IDEAS home Printed from https://ideas.repec.org/a/wfo/monber/y2009i12p987-992.html
   My bibliography  Save this article

Wettbewerbspolitische Konsequenzen aus der Finanzmarktkrise

Author

Listed:
  • Michael Böheim

    (WIFO)

Abstract

Die Ursachen der Finanzmarkt- und Wirtschaftskrise lassen sich nicht eindimensional auf Markt- oder Staatsversagen reduzieren, sondern sind liegen in einer Kombination beider Faktoren. Eine striktere Arbeitsteilung zwischen Staat und Privatwirtschaft hätte viele Probleme gar nicht erst entstehen lassen. Somit ist eine der zentralen Erkenntnisse aus der Krise, dass sich der Staat auf seine wichtigste Aufgabe konzentrieren sollte, indem er die entsprechenden Rahmenbedingungen für das Funktionieren der Märkte schafft. Dafür sollte sich die öffentliche Hand weitgehend aus der direkten Beteiligung am Wirtschaftsgeschehen zurückziehen. Ein Rückzug der öffentlichen Hand aus dem Wirtschaftsgeschehen muss nicht zwangsläufig mit einer Destabilisierung der Märkte einhergehen, wenn es gelingt, die entsprechenden Rahmenbedingungen herzustellen und deren Einhaltung und Bestand zu gewährleisten.

Suggested Citation

  • Michael Böheim, 2009. "Wettbewerbspolitische Konsequenzen aus der Finanzmarktkrise," WIFO Monatsberichte (monthly reports), WIFO, vol. 82(12), pages 987-992, December.
    • Handle: RePEc:wfo:monber:y:2009:i:12:p:987-992
    Note: With English abstract.
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/37864
    File Function: abstract
    Download Restriction: Payment required
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Giuseppe Nicoletti & Stefano Scarpetta, 2003. "Regulation, productivity and growth: OECD evidence [‘A model of growth through creative destruction’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 18(36), pages 9-72.
    2. Thomas Url, 2009. "Finanzmarktkrise: Entstehung, kurzfristige Reaktion und langfristiger Anpassungsbedarf," WIFO Monatsberichte (monthly reports), WIFO, vol. 82(12), pages 909-931, December.
    3. Philip Lowe, 2009. "Competition Policy and the Economic Crisis," CPI Journal, Competition Policy International, vol. 5.
    4. Giuseppe Nicoletti & Stefano Scarpetta, 2005. "Regulation and Economic Performance: Product Market Reforms and Productivity in the OECD," OECD Economics Department Working Papers 460, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michael Böheim, 2010. "The Financial Market Crisis and its Consequences for Competition Policy," Austrian Economic Quarterly, WIFO, vol. 15(1), pages 127-132, April.
    2. Aghion, Philippe & Askenazy, Philippe & Bourlès, Renaud & Cette, Gilbert & Dromel, Nicolas, 2009. "Education, market rigidities and growth," Economics Letters, Elsevier, vol. 102(1), pages 62-65, January.
    3. Bah, El-hadj & Fang, Lei, 2016. "Entry Costs, Financial Frictions, And Cross-Country Differences In Income And Tfp," Macroeconomic Dynamics, Cambridge University Press, vol. 20(4), pages 884-908, June.
    4. Michael Böheim & Eva Pichler, 2016. "Österreich 2025 – Mangelnder Wettbewerb, überschießende Regulierung und ausufernde Bürokratie als Wachstumsbremsen," WIFO Monatsberichte (monthly reports), WIFO, vol. 89(12), pages 873-884, December.
    5. Michael Böheim & Klaus S. Friesenbichler & Susanne Sieber, 2006. "Teilstudie 19: Wettbewerb und Regulierung," WIFO Studies, WIFO, number 27458.
    6. Lei Fang, 2017. "Entry Barriers, Competition, And Technology Adoption," Economic Inquiry, Western Economic Association International, vol. 55(2), pages 794-805, April.
    7. Philippe Aghion & Philippe Askenazy & Renaud Bourlès & Gilbert Cette & Nicolas Dromel, 2008. "Distance à la frontière technologique, rigidités de marché, éducation et croissance," Économie et Statistique, Programme National Persée, vol. 419(1), pages 11-30.
    8. Crafts, Nicholas, 2011. "British Relative Economic Decline Revisited," CEPR Discussion Papers 8384, C.E.P.R. Discussion Papers.
    9. Fiori, Giuseppe & Nicoletti, Giuseppe & Scarpetta, Stefano & Schiantarelli, Fabio, 2007. "Employment Outcomes and the Interaction Between Product and Labor Market Deregulation: Are They Substitutes or Complements?," IZA Discussion Papers 2770, Institute of Labor Economics (IZA).
    10. Anabel Zárate-Marco & Jaime Vallés-Giménez, 2015. "Environmental tax and productivity in a decentralized context: new findings on the Porter hypothesis," European Journal of Law and Economics, Springer, vol. 40(2), pages 313-339, October.
    11. Halmai, Péter, 2015. "Az európai növekedési potenciál eróziója és válsága [Erosion and crisis in European growth potential]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 379-414.
    12. Crafts, Nicholas, 2012. "British relative economic decline revisited: The role of competition," Explorations in Economic History, Elsevier, vol. 49(1), pages 17-29.
    13. Valkonen, Laura, 2006. "Deregulation as a Means to Increase Competition and Productivity," Discussion Papers 1014, The Research Institute of the Finnish Economy.
    14. Lei Fang, 2010. "Entry Barriers, Financial Frictions, and Cross-Country Differences in Income and TFP," 2010 Meeting Papers 505, Society for Economic Dynamics.
    15. Francisco Javier Escribá-Pérez & María José Murgui-García, 2018. "Technology catching-up and regulation in European regions," Journal of Productivity Analysis, Springer, vol. 49(1), pages 95-109, February.
    16. Michael Böheim, 2007. "WIFO-Weißbuch: Wettbewerb und Regulierung," WIFO Monatsberichte (monthly reports), WIFO, vol. 80(3), pages 219-232, March.
    17. Balázs Égert & Antoine Goujard, 2014. "Strengthening Competition in Poland," OECD Economics Department Working Papers 1125, OECD Publishing.
    18. repec:crs:ecosta:es419-420b is not listed on IDEAS
    19. Moritz Böhmecke-Schwafert & Knut Blind, 2023. "The trade effects of product market regulation in global value chains: evidence from OECD and BRICS countries between 2000 and 2015," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 50(2), pages 441-479, May.
    20. Raphael Bergoeing & Norman V. Loayza & Facundo Piguillem, 2016. "The Whole is Greater than the Sum of Its Parts: Complementary Reforms to Address Microeconomic Distortions," The World Bank Economic Review, World Bank, vol. 30(2), pages 268-305.
    21. International Monetary Fund, 2006. "Algeria: Selected Issues," IMF Staff Country Reports 2006/101, International Monetary Fund.

    More about this item

    Keywords

    Finanzmarktkrise Wirtschaftspolitik;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wfo:monber:y:2009:i:12:p:987-992. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Florian Mayr (email available below). General contact details of provider: https://edirc.repec.org/data/wifooat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.