Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Special Issue on the Politics of Supranational Banking Supervision in Europe
Author: Special Issue on The Politics of Supranational Banking Supervision in Europe
Author: Huw MacartneyPublisher:
ISBN:
Category :
Languages : en
Pages : 189
Book Description
The Politics of Supranational Banking Supervision in Europe
Author: David Howarth, DrPublisher: Routledge
ISBN: 9780367888404
Category :
Languages : en
Pages : 320
Book Description
Europe's sovereign debt crisis and the accompanying national bank crises in the European Union brought bank regulation and supervision to the top of the EU policy agenda. In a few short years, we have witnessed a 'great leap forward' for European integration marked by over a dozen pieces of EU legislation shaping the operation of banks, rules on bank capital, reconfigured supervisory agencies, and Banking Union. The significance of these measures lies however, in the fact that they constitute the most dramatic transfer of policy-making powers to the European level since the start of Economic and Monetary Union in 1999. This volume addresses the three main political battles behind the adoption of these new regulatory and supervisory policies. First, it examines divisions among states, both according to their domestic institutional structures, including distinct financial systems, as well as their creditor or debtor status in the crisis. Second, it studies the battle over national versus supranational jurisdiction. Third, it explores the conflictual process of policy learning and the activation of epistemic communities who claim competence to address the crisis. This book was originally published as a special issue of the journal West European Politics.
The Politics of Supranational Banking Supervision in Europe
Author: David HowarthPublisher: Routledge
ISBN: 1351794604
Category : Political Science
Languages : en
Pages : 301
Book Description
Europe’s sovereign debt crisis and the accompanying national bank crises in the European Union brought bank regulation and supervision to the top of the EU policy agenda. In a few short years, we have witnessed a ‘great leap forward’ for European integration marked by over a dozen pieces of EU legislation shaping the operation of banks, rules on bank capital, reconfigured supervisory agencies, and Banking Union. The significance of these measures lies however, in the fact that they constitute the most dramatic transfer of policy-making powers to the European level since the start of Economic and Monetary Union in 1999. This volume addresses the three main political battles behind the adoption of these new regulatory and supervisory policies. First, it examines divisions among states, both according to their domestic institutional structures, including distinct financial systems, as well as their creditor or debtor status in the crisis. Second, it studies the battle over national versus supranational jurisdiction. Third, it explores the conflictual process of policy learning and the activation of epistemic communities who claim competence to address the crisis. This book was originally published as a special issue of the journal West European Politics.
The Political Economy of European Banking Union
Author: David HowarthPublisher: Oxford University Press
ISBN: 019104380X
Category : Business & Economics
Languages : en
Pages : 256
Book Description
The establishment of Banking Union represents a major development in European economic governance and European integration history more generally. Banking Union is also significant because not all European Union (EU) member states have joined, which has increased the trend towards differentiated integration in the EU, posing a major challenge to the EU as a whole and to the opt-out countries. This book is informed by two main empirical questions. Why was Banking Union - presented by proponents as a crucial move to 'complete' Economic and Monetary Union (EMU) - proposed only in 2012, over twenty years after the adoption of the Maastricht Treaty? Why has a certain design for Banking Union been agreed and some elements of this design prioritized over others? A two-step explanation is articulated in this study. First, it explains why euro area member state governments moved to consider Banking Union by building on the concept of the 'financial trilemma', and examining the implications of the single currency for euro area member state banking systems. Second, it explains the design of Banking Union by examining the preferences of member state governments on the core components of Banking Union and developing a comparative political economy analysis focused on the configuration of national banking systems and varying national concern for the moral hazard facing banks and sovereigns created by euro level support mechanisms.
Bricks in the Wall
Author: Alison JohnstonPublisher: Routledge
ISBN: 100037212X
Category : Law
Languages : en
Pages : 249
Book Description
This volume provides a comprehensive analysis of how politics shape housing markets and vice-versa. It demonstrates how housing impacts a variety of social and political phenomenon including populist politics, generational divides, wealth inequality, monetary policy, and the welfare state. Housing and housing markets have important implications for economic stability, public policy, domestic politics and wealth inequality in Europe and beyond. Yet despite its importance, housing has received relatively little attention in comparative politics scholarship. The contributions within this volume push the scholarship of housing into fresh, innovative directions. The chapters focus on housing’s contribution to wealth inequality, how housing constrains governments’ policy choices in welfare state reform and how it can strengthen governments’ hands in financial regulation. Other contributions reveal the impact of housing on central bankers’ motivations for implementing monetary expansion, highlight the generational divide in gaining access to home-ownership, demonstrate how housing-driven wealth inequality steers voters political preferences towards right-wing populism, and explain how housing gradually shifted from being a social right to an object of investment in Europe, even within its most egalitarian states. These contributions cover a diversity of cases in Western and Eastern Europe and theoretical paradigms that will appeal to scholars and policy makers alike. The chapters in this book were originally published as a special issue of West European Politics.
Varieties of Populism in Europe in Times of Crises
Author: Manuela CaianiPublisher: Routledge
ISBN: 1000372014
Category : Political Science
Languages : en
Pages : 202
Book Description
Populism is booming across all the nuances of the political spectrum. It occupies relevant positions in national parliaments, in governmental coalitions with mainstream parties or as successful challengers of the political status quo. This volume sheds new light on the topic from different methodological and theoretical angles and offers evidence from a variety of cases on the ‘why’ and ‘how’ questions on populism’s emergence and consolidation in Europe over the past 30 years. The volume, composed of eight chapters, investigates how different populist parties in the European Union have been affected by the various crises, disentangling the role of the Great Recession vis-à-vis other factors (such as political and party system factors, but also structural social changes or cultural opportunities) in the growing strength of populist parties in various European countries. More specifically, the volume aims are to: promote critical discussion on the concept of populism, reflecting on its conceptual ‘usability’ beyond the traditional party families to which it is usually related; use a preliminary theoretical clarification to shed new light on the different ways in which populism has been articulated in the various European countries (either in Continental and Southern Europe, or in the lesser known and studied East-Central countries) since the economic crisis, which has acted as an external shock for many party systems, either giving birth to new political actors or consolidating existing ones; investigate the connections between populism and the national contextual political and cultural specificities that can determine the development of different types of populisms across countries, elaborating on different ‘configurations’ of triggering conditions for populism and reflecting on the limitations of a discrete conceptualisation of the phenomenon. The chapters in this book were originally published as a special issue of West European Politics.
National Interest Organizations in the EU Multilevel System
Author: Rainer EisingPublisher: Routledge
ISBN: 0429806825
Category : Political Science
Languages : en
Pages : 220
Book Description
Political scientists have always accorded interest organizations a prominent place in European Union (EU) policy-making because they connect the EU institutions to citizens, provide important information to EU policy-makers, and control resources that impact on the problem-solving capacity of EU policies. In other words, they are vital to both the input legitimacy and the output legitimacy of the EU. So far, research on interest organizations in EU policy-making has concentrated on EU-level interest organizations and EU-level politics. This edited book draws attention to the role national interest organizations play in the EU multilevel system. All contributions present state-of-the-art research on that subject in the form of theory-driven empirical analyses. Chapter 8 of this book is freely available as a downloadable Open Access PDF under a Creative Commons Attribution-Non Commercial-No Derivatives 3.0 license. https://s3-us-west-2.amazonaws.com/tandfbis/rt-files/docs/Open+Access+Chapters/9781138614741_oachapter8.pdf
Collective Securitisation and Security Governance in the European Union
Author: Sonia LucarelliPublisher: Routledge
ISBN: 1000753034
Category : Business & Economics
Languages : en
Pages : 324
Book Description
Collective Securitisation and Security Governance in the European Union presents an integrated theory of collective securitisation – a theoretical foundation for explaining how the process of collective securitisation sustains and makes effective an identifiable system of regional security governance. The volume demonstrates the empirical utility of collective securitisation in the EU security space through a set of structured case studies focusing on the collective securitisation of terrorism, cyberspace, migration, energy, health and climate change. The contributions to this collection address three questions: Under what conditions does collective securitisation occur? How does collective securitisation affect the scope and domains of EU security governance? And how does collective securitisation explain the emergence of the EU system of security governance? This volume breaks new ground in the field of EU security studies and provides a theoretical orientation that contributes to our understanding of how and why the EU has developed as a security actor in the 21st century. Developing and testing the theory of collective securitisation with reference to some of the most pressing contemporary security issues, Collective Securitisation and Security Governance in the European Union will be of great interest to scholars of the European Union and Security Studies. The chapters were originally published as a special issue of West European Politics.
The European Banking Union and the Role of Law
Author: Gianni Lo SchiavoPublisher: Edward Elgar Publishing
ISBN: 1788972023
Category : Bailouts (Government policy)
Languages : en
Pages : 320
Book Description
The European Banking Union and the Role of Law offers a comprehensive and unique examination of the European Banking Union’s (EBU) impact on existing legal disciplines and assesses the role of law in shaping the EBU framework.
