EAN: 9783631620700

MARKET CONSTELLATION RESEARCH GEBUNDEN

The objective of this reader is manifold: On the one hand  it intends to establish a new
perspective at the policy level named 'market constellations': institutionally embedded systems
of macroeconomic governance which are able to explain differences in growth and employment
developments. At the polity level  the question raised is whether or not market constellations
can be governed and  thus  whether institutions can be created which will provide the
incentives necessary for favourable market constellations. Finally  at the politics level  the
immediate question is whether (distributional) vested interests can be bared in order to
explain the motivations to create certain market constellations. A promising approach to tackle
this task needs to take into account different cultural backgrounds and must provide political
transmission mechanisms for turning vested interests into policy.

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