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Changes In U.s. Government-enterprise Relations In The Context Of The Financial Crisis, Observation And Thinking

Posted on:2012-02-06Degree:MasterType:Thesis
Country:ChinaCandidate:L ZhangFull Text:PDF
GTID:2216330338474079Subject:Administrative Management
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There are series of events shook the global financial markets, from the U.S. subprime crisis outbreak in August 2007 to the "Wall Street financial crisis "outbreak in September 2008, a hundred years of the financial crisis sweeping the world. The U.S. government which at the center of the crisis has taken a positive "rescue" measures to change the past "discrete" model of the relationship between government and enterprises at a large extent, and the Government Efforts to strengthen the administrative intervention. However, U.S. financial chaos is still further intensified, and the U.S. advocated the liberal market economy is facing unprecedented challenges.In this macroeconomic context, at the perspective of government administration, the author observe the changing relationship between government and enterprises of the United States in the time before and after the crisis, to explore the reasons which caused this crisis; the absence of the functions of the United States government regulation, the weak of regulation of financial enterprises, is one of the major reasons why the financial crisis occurred. Further study, the ineffective government regulation is poor performance of administrative system, while the source of deregulation of the U.S. government is from the Reagan era of administrative reform, until the Clinton administration's "entrepreneurial government" and a series called "New Public Management movement "of the administrative reform. The new public management theory has its own imperfections, guide this practice, so soon after its formation by many scholars to criticize and refute, but the crisis is more distinct from the practice of showing the plight of the existence of the theory. This leads to the whole idea of this article, as follows:The first chapter is review of government-enterprise relations American history, especially the new U.S. practice of public management reform in order, that the new public management reform and the relevance of the financial crisis:the government regulation functions of the relaxation is induced Important reason for the financial crisis; large-scale privatization, the government dispersed to effectively monitor; public services market weakening the government's public responsibilities. The second chapter are listed and analyzed in the current financial crisis, the U.S. government and the financial sector, industry, private companies providing public services to adjust the relationship between the cases. Then, noting that in response to the crisis between the U.S. government and enterprises change the basic characteristics, that means market-oriented treatment; crisis management mode of diversification; short of nationalization. The third chapter is for the government-enterprise relations between the United States during the crisis mode of thinking and future trends. First of all, that "extraordinary times" feature highlights the government regulation is a normal response to the crisis; second, that the U.S. government-enterprise relations back on new public management reforms inherent in the model has not; once again to explain changes in relations between the United States several government and enterprises Basic trend; Finally, reveal the market economy in this crisis should be a revelation, such as the re-understanding of the market economy, and examine the importance of government intervention to adjust relationship between government and enterprises to prevent the financial crisis.In short, I hope that at the administration's perspective of the observed changes in enterprises and government relations of the United States through the crisis, and the view to think about market economies, the trend of the future relationship between government and enterprises.
Keywords/Search Tags:Financial crisis, the government-enterprise relations, Deregulation, Government intervention
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