IDEAS home Printed from https://ideas.repec.org/a/diw/diwvjh/89-2-7.html
   My bibliography  Save this article

COVID-19 – Bewährungsprobe 2.0 für die deutschen Förderbanken

Author

Listed:
  • Iris Bethge-Krauß

Abstract

The corona pandemic and the measures taken to contain it mean considerable economic losses for many companies in Germany. The recession triggered by the corona crisis is likely to be at least as severe as during the last financial crisis. Politicians acted very decisively and were able to rely on powerful development banks. This is because development banks make a decisive contribution to mitigating acute crisis symptoms. As a crisis of a completely new dimension, one can speak of a test of endurance 2.0. This paper describes the role of the development banks of the Federal Government and the Länder as an anchor of stability in times of the corona crisis. Die Corona-Pandemie und die ergriffenen Maßnahmen zur Eindämmung bedeuten erhebliche wirtschaftliche Einbußen für viele Unternehmen in Deutschland. Die durch die Corona-Krise ausgelöste Rezession dürfte mindestens so schlimm wie in der letzten Finanzkrise ausfallen. Die Politik handelte sehr entschlossen und konnte dabei auf leistungsstarke Förderbanken setzen. Denn zur Abmilderung akuter Krisenerscheinungen leisten Förderbanken einen entscheidenden Beitrag. Als Krise ganz neuer Dimension kann man dabei von einer Bewährungsprobe 2.0 sprechen. Im vorliegenden Aufsatz wird die Rolle der Förderbanken des Bundes und der Länder als Stabilitätsanker in Zeiten der Corona-Krise dargestellt.

Suggested Citation

  • Iris Bethge-Krauß, 2020. "COVID-19 – Bewährungsprobe 2.0 für die deutschen Förderbanken," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 89(2), pages 81-105.
  • Handle: RePEc:diw:diwvjh:89-2-7
    DOI: 10.3790/vjh.89.2.81
    as

    Download full text from publisher

    File URL: https://doi.org/10.3790/vjh.89.2.81
    Download Restriction: no

    File URL: https://libkey.io/10.3790/vjh.89.2.81?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Promotional banks; corona crisis; economic assistance;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-

    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:diw:diwvjh:89-2-7. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Bibliothek (email available below). General contact details of provider: https://edirc.repec.org/data/diwbede.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.