CORDIS Project
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This project investigates the role of bureaucratic connections in shaping industrial policy and capital transfer between regions. It focuses on the German Treuhand agency's efforts to revitalize East Germany's economy post-reunification by evaluating the impact of connected versus unconnected investors on firm performa…
The recent rise of industrial policy (IP) worldwide is reshaping the role of the state in the economy. A key challenge for industrial policy is to involve industrial groups in policymaking and implementation without allowing them to dominate the process.
The main objective of this project is to study whether corporate connections of bureaucrats are beneficial or detrimental to the design of IP with the specific objective to promote private capital transfer from one region to another.
This projec…
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