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Managing the Crisis: A Comparative Analysis of Economic Governance in 14 Countries
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The study evaluates the quality of political decision-making in response to the global financial and economic crisis in advanced economies such as Germany, Sweden, the United Kingdom and the UnitedStates, as well as in the emerging economies of Brazil, Chile, Hungary, India, Indonesia, Russia, South Africa, South Korea and Turkey.
Based on 14 detailed country reports, the study focuses on the quality and effectiveness of political management during the first stage of the crisis at the peak of the global recession 2008-2009: from agenda-setting and policy formulation over the specific policy contents to the implementation of stimulus and stabilization packages. An in-depth report highlights the similarities and differences among the measures taken. The summary includes a special focus on comparing economic governance in advanced and emerging economies.