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Diskussionspapiere, Fächergruppe VWL, Helmut-Schmidt-Universität >
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http://hdl.handle.net/10419/38740
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| Title: | | Das Governance-Dilemma der demokratischen Wirtschaftspolitik  |
| Authors: | | Kruse, Jörn |
| Issue Date: | | 2009 |
| Series/Report no.: | | Diskussionspapierreihe // Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre 94 |
| Abstract: | | As a result of the prevailing governance structure, economic policy in democracies usually suffers from specific deficiencies. Among these are the predominance of distributive over efficiency objectives, the neglect of long-run effects, and the lack of or biased use of expert knowledge in the political decision making process. These deficiencies can be attributed to a 'monopoly of democratic legitimacy' of the politicians and parties, an overloaded democratic delegation, the influence of interest groups, and the short-run incentives in the political process. The focus of this paper is on the reform of the governance structure of economic policy. It is suggested that a 'dual democratic legitimacy' should be introduced. A 'senate' which is independent of the political parties will be directly elected by the people. The senate firstly works as a second chamber in bicameralistic legislation, closely cooperating with consultative expert institutions. Secondly, the senate acts as a principal for any public institution outside of the parliament and the government, appointing the top personnel. |
| Subjects: | | Delegation Politische Institutionen Zwei-Kammer-Systeme Senat |
| JEL: | | D72 D02 |
| Persistent Identifier of the first edition: | | urn:nbn:de:gbv:705-opus-20865 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Diskussionspapiere, Fächergruppe VWL, Helmut-Schmidt-Universität
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