nach oben

Erschienen in:

2021 | OriginalPaper | Buchkapitel

2. A Critical Transnationalist Approach to the European Financial Governance

verfasst von : Giuseppe Montalbano

Erschienen in: Competing Interest Groups and Lobbying in the Construction of the European Banking Union

Verlag: Springer International Publishing

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

This chapter introduces an original critical IPE (International Political Economy) theoretical framework in the analysis of the EU interest groups’ lobbying. First, it offers a review of the literature on the EU post-crisis financial regulation and corporate influence, discussing its merits and shortcomings. A critical transnationalist approach is thus outlined, built on the Neo-Gramscian literature. Structure and agency both shape the emergence of conflicting transnational coalitions of socio-economic interest groups and policy-makers. Structural determinants, lobbying resources, and political factors are linked together in a three-tier analytical framework to assess the leading public-private coalitions and their influence capabilities at the EU level. Thus, an explanatory mechanism is hypothesized, according to which high policy salience conditions interest groups’ adaptation and lobbying strategies, while competition dynamics shape their coalition-making at the European or domestic levels.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Allen, F., & Gale, D. (2000). Comparing Financial Systems. Cambridge/London: MIT Press.

Arrighi, G. (1993). Three Hegemonies of Historical Capitalism. In S. Gill (Ed.), Gramsci, Historical Materialism and International Relations. London/New York: Cambridge University Press.

Arrighi, G. (2010). The Long Twentieth Century. Money, Power and the Origins of Our Time (2nd ed.). London/New York: Verso.

Baird, T. (2017). Non-State Actors and the New Intergovernmentalism. Journal of Common Market Studies, 55(6), 1192–1202.CrossRef

Baker, A. (2010). Restraining Regulatory Capture? Anglo-America, Crisis Politics and Trajectories of Change in Global Financial Governance. International Affairs, 86(3), 647–663.CrossRef

Beck, U. (2013). German Europe. Cambridge: Polity.

Beck, T., & Kotz, H.-H. (2017). Banking Union: Rules Versus Discretion? In T. Beck & H.-H. Kotz (Eds.), Ordoliberalism: A German Oddity? (pp. 107–119). London: CEPR Press.

Bennett, A. (2010). Process Tracing and Causal Inference. In H. Brady & D. Collier (Eds.), Rethinking Social Inquiry (pp. 2017–2220). Plymouth: Rowman and Littlefield.

Bennett, A., & Checkel, J. T. (2015). Process Tracing. From Metaphor to Analytic Tool. Cambridge: Cambridge University Press.

Bickerton, C. J., Hodson, D., & Puetter, U. (2015a). The New Intergovernmentalism: European Integration in the Post-Maastricht Era. Journal of Common Market Studies, 53(4), 703–722.CrossRef

Bickerton, C. J., Hodson, D., & Puetter, U. (2015b). The New Intergovernmentalism and the Study of European Integration. In C. J. Bickerton, D. Hodson, & U. Puetter (Eds.), The New Intergovernmentalism and the Study of European Integration. The New Intergovernmentalism: States and Supranational Actors in the Post-Maastricht Era (pp. 1–48). Oxford/New York: Oxford University Press.CrossRef

Bieler, A., & Morton, A. D. (2001). Introduction: Neo-Gramscian Perspectives in International Political Economy and the Relevance to European Integration. In A. Bieler & A. D. Morton (Eds.), Social Forces in the Making of the New Europe: The Restructuring of European Social Relations in the Global Political Economy (pp. 3–24). Houndmills/New York: Palgrave.CrossRef

Bouwen, P. (2002). Corporate Lobbying in the European Union: The Logic of Access. Journal of European Public Policy, 9(3), 365–390.CrossRef

Bouwen, P. (2004). Exchanging Access Goods for Access: A Comparative Study of Business Lobbying in the European Union Institutions. European Journal of Political Research, 43, 337–369.

Bowman, J. R. (1982). The Logic of Capitalist Collective Action. Social Science Information, 21(4–5), 571–560.CrossRef

Bowman, J. R. (1989). Capitalist Collective Action: Competition, Cooperation and Conflict in the Coal Industry. London/New York: Cambridge University Press.

Bowman, J. R. (1998). Achieving Capitalist Solidarity: Collective Action Among Norwegian Employers. Politics and Society, 26(3), 303–336.CrossRef

Buckley, J., & Howarth, D. (2010). Internal Market: Gesture Politics-Explaining the EU’s Response to the Financial Crisis. Journal of Common Market Studies, 48, 119–141.CrossRef

Buckley, J., & Howarth, D. (2011). Internal Market: Regulating the So-Called Vultures of Capitalism. Journal Common Market Studies, 49, 123–143.CrossRef

Buckley, J., Howarth, D., & Quaglia, L. (2012). Internal Market: The Ongoing Struggle to Protect Europe from Its Money Men. Journal of Common Market Studies, 50, 99–115.CrossRef

Bulmer, S. (2014). Germany and the Eurozone Crisis: Between Hegemony and Domestic Politics. West European Politics, 37(6), 1244–1263.CrossRef

Bulmer, S. (2015). Understanding the New Intergovernmentalism. In C. J. Bickerton, D. Hodson, & U. Puetter (Eds.), The New Intergovernmentalism: States and Supranational Actors in the Post-Maastricht Era (pp. 289–303). New York: Oxford University Press.

Bulmer, S., & Paterson, W. E. (2013). Germany as the EU’s Reluctant Hegemon? Of Economic Strength and Political Constraints. Journal of European Public Policy, 20(10), 1387–1405.CrossRef

Carpenter, D. (2014). Detecting and Measuring Capture. In D. Carpenter & D. A. Moss (Eds.), Preventing Regulatory Capture: Special Interest Influence and How to Limit It (pp. 57–68). New York: Cambridge University Press.

Claessens, S., & Underhill, G. R. (2010). The Political Economy of Basel II in the International Financial Architecture. In G. R. Underhill, J. Blom, & D. Mügge (Eds.), Global Financial Integration. Thirty Years On. From Reform to Crisis (pp. 113–133). Cambridge: Cambridge University Press.CrossRef

Corbey, D. (1995). Dialectical Functionalism: Stagnation as a Booster of European Integration. International Organization, 49(2), 253–284.CrossRef

Cox, R. W. (1983). Gramsci, Hegemony and International Relations: An Essay in Method. Millennium, 12(2), 162–175.CrossRef

Cox, R. W. (1987). Production, Power and World Order. Social Forces in the Making of History. New York: Columbia University Press.

Culpepper, P. (2011). Quiet Politics and Business Power Corporate Control in Europe and Japan. Cambridge: Cambridge University Press.

Culpepper, P. D. (2015). Structural Power and Political Science in the Post-Crisis Era. Business and Politics, 17(3), 391–409.CrossRef

Dal Bò, E. (2006). Regulatory Capture: A Review. Oxford Review of Economic Policy, 22(2), 203–225.CrossRef

De Rynck, S. (2016). Banking on a Union: The Politics of Changing Eurozone Banking Supervision. Journal of European Public Policy, 23(1), 119–135.CrossRef

Deeg, R. (1999). Financial Capitalism Unveiled. Banks and the German Political Economy. Michigan: University of Michigan Press.CrossRef

Deeg, R. (2010). Institutional Change in Financial Systems. In G. Morgan, J. Campbell, C. Crouch, O. K. Pedersen, & R. Whitley (Eds.), The Oxford Handbook of Comparative Institutional Analysis (pp. 309–334). Oxford/New York: Oxford University Press.

Deeg, R., & Donnelly, S. (2016). Banking Union and the Future of Alternative Banks: Revival, Stagnation or Decline? West European Politics, 39(3), 585–604.CrossRef

Donnelly, S. (2014). Power Politics and the Undersupply of Financial Stability in Europe. Review of International Political Economy, 21(4), 980–1005.CrossRef

Donnelly, S. (2016). Expert Advice and Political Choice in Constructing European Banking Union. Journal of Banking Regulation, 17(1–2), 104–118.CrossRef

Donnelly, S. (2018a). Power Politics, Banking Union and EMU: Adjusting Europe to Germany. London/New York: Routledge.CrossRef

Donnelly, S. (2018b). Advocacy Coalitions and the Lack of Deposit Insurance in Banking Union. Journal of Economic Policy Reform, 21(3), 210–223.CrossRef

Drezner, D. W. (2008). All Politics is Global: Explaining International Regulatory Regimes. Princeton/Oxford: Princeton University Press.

Dür, A. (2008). Measuring Interest Group Influence in the EU. A Note on Methodology. European Union Politics, 9(4), 559–576.CrossRef

Dür, A., & De Bièvre, D. (2007a). The Question of Interest Group Influence. Journal of Public Policy, 27(1), 1–12.CrossRef

Dür, A., & De Bièvre, D. (2007b). Inclusion Without Influence? NGOs in European trade policy. Journal of Public Policy, 27(1), 79–101.CrossRef

Dyson, K. (2015). Germany, the Euro Crisis, and Risk Management: Europe’s Reluctant and Vulnerable Hegemonic Power. In G. D’Ottavio & T. Saalfeld (Eds.), Germany After the 2013 Elections: Breaking the Mould of Post-Unification Politics? (pp. 49–66). London/New York: Routledge.

Eising, R. (2007a). The Access of Business Interests to EU Institutions: Towards Ėlite Pluralism? Journal of European Public Policy, 14(3), 384–403.CrossRef

Eising, R. (2007b). Institutional Context, Organizational Resources and Strategic Choices. Explaining Interest Group Access in the European Union. European Union Politics, 8(3), 329–362.CrossRef

Epstein, R. A. (2017). Banking on Markets: The Transformation of Bank-State Ties in Europe and Beyond. Oxford/New York: Oxford University Press.CrossRef

Epstein, R. A., & Rhodes, M. (2014). International in life, national in death? Banking nationalism on the road to BankingUnion. (KFG Working Paper Series, 61). Berlin: Freie UniversitätBerlin, FB Politik- und Sozialwissenschaften, Otto-Suhr-Institut für Politikwissenschaft Kolleg-Forschergruppe “The Transformative Power of Europe”. https://nbnresolving.org/urn:nbn:de:0168-ssoar-413148

Epstein, R. A., & Rhodes, M. (2016a). The Political Dynamics Behind Europe’s New Banking Union. West European Politics, 39(3), 415–437.CrossRef

Epstein, R. A., & Rhodes, M. (2016b). International in Life, National in Death? Banking Nationalism on the Road to Banking Union. In J. Caporaso & M. Rhodes (Eds.), The Political and Economic Dynamics of the Eurozone Crisis (pp. 200–223). Oxford/New York: Oxford University Press.CrossRef

Epstein, R. A., & Rhodes, M. (2016c). States Ceding Control. Explaining the Shift to Centralized Bank Supervision in the Eurozone. Journal of Banking Regulation, 17, 90–103.CrossRef

Feld, L. P., Köhler, E. A., & Nientiedt, D. (2015). Ordoliberalism, Pragmatism and the Eurozone Crisis: How the German Tradition Shaped Economic Policy in Europe. European Review of International Studies, 2(3), 48–61.

Fliegstein, N., & Stone Sweet, A. (2001). Institutionalizing the Treaty of Rome. In A. S. Sweet, W. Sandholtz, & N. Fliegstein (Eds.), The Institutionalization of Europe (pp. 29–55). Oxford: Oxford University Press.CrossRef

Gill, S. (1993). Epistemology, Ontology and the ‘Italian School’. In S. Gill (Ed.), Gramsci, Historical Materialism and International Relations (pp. 20–48). Cambridge: Cambridge University Press.CrossRef

Gill, S. (2003). A Neo-Gramscian Approach to European Integration. In A. W. Cafruny & M. Ryner (Eds.), A Ruined Fortress? Neoliberal Hegemony and Transformation in Europe (pp. 47–70). Lanham: Rowman & Littlefield Publishers.

Gill, S., & Law, D. (1993). Global Hegemony and the Structural Power Capital. In S. Gill (Ed.), Gramsci, Historical Materialism and International Relations (pp. 93–126). Cambridge: Cambridge University Press.CrossRef

Glöckler, G., Lindner, J., & Salines, M. (2017). Explaining the Sudden Creation of a Banking Supervisor for the Euro Area. Journal of European Public Policy, 24(8), 1135–1153.

Gocaj, L., & Meunier, S. (2013). Time Will Tell: The EFSF, the ESM, and the Euro Crisis. Journal of European Integration, 35(3), 239–253.CrossRef

Gramsci, A. (2007 [1975]). Quaderni del carcere (Edizione critica dell’Istituto Gramsci ed.). (V. Gerratana, Ed.). Torino: Einaudi.

Greenwood, J. (2002). Inside the EU Business Associations. Houndmills/New York: Palgrave Macmillan.CrossRef

Greenwood, J., & Westgeest, A. (2003). Introduction. In J. Greenwood (Ed.), The Challenge of Change in EU Business Associations (pp. 3–32). Houndmills/New York: Palgrave Macmillan.CrossRef

Gren, J., Howarth, D., & Quaglia, L. (2015). Supranational Banking Supervision in Europe: The Construction of a Credible Watchdog. Journal of Common Market Studies, 53, 181–199.CrossRef

Grieco, J. M. (1996). State Interests and Institutional Rule Trajectories: A Neorealist Interpretation of the Maastricht Treaty and European Economic and Monetary Union. Security Studies, 5(3), 261–306.CrossRef

Haas, E. B. (1958). The Uniting of Europe: Political, Social and Economic Forces 1950–57. Stanford University Press.

Hall, P. A., & Gingerich, D. W. (2004). Varieties of Capitalism and Institutional Complementarities in the Macroeconomy: An Empirical Analysis. Köln: Max-Planck-Institut für Gesellschaftsforschung.

Hall, P., & Soskice, D. (2001). An Introduction to Varieties of Capitalism. In P. Hall and D. Soskice (eds.), Varieties of Capitalism. The Institutional Foundations of Comparative Advantage (pp. 1–68). Oxford/New York: Oxford University Press.

Hall, P. A., & Soskice, D. (2003). Varieties of Capitalism and Institutional Change: A Response to Three Critics. Comparative European Politics, 1(2), 241–250.

Hall, P. A., & Thelen, K. (2009). Institutional Change in Varieties of Capitalism. Socio-Economic Review, 7(1), 7–34.CrossRef

Hancké, B. (2009). Introducing the Debate. In B. Hancké (Ed.), Debating Varieties of Capitalism: A Reader (pp. 1–20). Oxford/New York: Oxford University Press.

Hancké, B., Rhodes, M., & Thatcher, M. (2009). Beyond Varieties of Capitalism. In B. Hancké (Ed.), Debating Varieties of Capitalism: A Reader (pp. 273–300). Oxford/New York: Oxford University Press.

Hardie, I., & Howarth, D. (2013). Framing Market-Based Banking and the Financial Crisis. In I. Hardie & D. Howarth (Eds.), Market-Based Banking and the International Financial Crisis (pp. 22–55). Oxford: Oxford University Press.CrossRef

Harvey, D. (2007). The Limits to Capital. London/New York: Verso.

Hay, C. (2005). Two Can Play at That Game… Or Can They? Varieties of Capitalism, Varieties of Institutionalism. In D. Coates (Ed.), Varieties of Capitalism, Varieties of Approaches (pp. 106–121). London: Palgrave Macmillan.CrossRef

Heipertz, M., & Verdun, A. (2010). Ruling Europe: The Politics of the Stability and Growth Pact. Cambridge: Cambridge University Press.CrossRef

Helleiner, E. (1996). States and the Reemergence of Global Finance: From Bretton Woods to the 1990s. Ithaca/London: Cornell University Press.

Hennessy, A. (2014). Redesigning Financial Supervision in the European Union (2009–2013). Journal of European Public Policy, 21(2), 151–168.CrossRef

Hix, S. (1998). The Study of the European Union II: The ‘New Governance’ Agenda and Its Rival. Journal of European Public Policy, 5(1), 38–65.CrossRef

Hoffmann, S. (1982). Reflections on the Nation-State in Western Europe Today. Journal of Common Market Studies, 21(1), 21–38.

Hoffmann, S. (2019). The European Sisyphus: Essays on Europe, 1964–1994. London/New York: Routledge.CrossRef

Howarth, D., & Quaglia, L. (2013). Banking Union as Holy Grail: Rebuilding the Single Market in Financial Services, Stabilizing Europe’s Banks and Completing Economic and Monetary Union. Journal of Common Market Studies, 51, 103–123.CrossRef

Howarth, D., & Quaglia, L. (2014). The Steep Road to European Banking Union: Constructing the Single Resolution Mechanism. Journal of Common Market Studies, 52, 125–140.CrossRef

Howarth, D., & Quaglia, L. (2015). The New Intergovernmentalism in Financial Regulation and European Banking Union. In C. J. Bickerton, D. Hodson, & U. Puetter (Eds.), The New Intergovernmentalism: States and Supranational Actors in the Post-Maastricht Era (pp. 146–164). Oxford: Oxford University Press.CrossRef

Howarth, D., & Quaglia, L. (2016a). The Political Economy of European Banking Union. New York/London: Oxford University Press.CrossRef

Howarth, D., & Quaglia, L. (2016b). Internationalised Banking, Alternative Banks and the Single Supervisory Mechanism. West European Politics, 39(3), 438–461.CrossRef

Howarth, D., & Quaglia, L. (2017). The Difficult Construction of a European Deposit Insurance Scheme: A Step Too Far in Banking Union? Journal of Economic Policy Reform, 21(3), 190–209.

Jabko, N. (2006). Playing the Market: A Political Strategy for Uniting Europe, 1985–2005. Cornell University Press.

Johnson, S., & Kwak, J. (2010). 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown. New York: Pantheon Books.

Jones, B. D., & Baumgartner, F. R. (2005). The Politics of Attention: How Government Prioritizes Problems. Chicago: University of Chicago Press.

Kapstein, E. (1994). Governing the Global Economy: International Finance and the State. Cambridge: Harvard University Press.

Kastner, L. (2017). Civil Society and Financial Regulation. Consumer Finance Protection and Taxation After the Financial Crisis. New York: Routledge.CrossRef

Kastner, L. (2018). Business Lobbying Under Salience – Financial Industry Mobilization Against the European Financial Transaction Tax. Journal of European Public Policy, 25(11), 1648–1666.

Keller, E. (2018). Noisy Business Politics: Lobbying Strategies and Business Influence After the Financial Crisis. Journal of European Public Policy, 25(3), 287–306.CrossRef

Kingdon, J. W. (2014). Agendas, Alternatives, and Public Policies (2nd ed.). Harlow: Pearson.

Klüver, H. (2013). Lobbying in the European Union: Interest Groups, Lobbying Coalitions, and Policy Change. Oxford/New York: Oxford University Press.CrossRef

Kohler-Koch, B. (1999). The Evolution and Transformation of European Governance. In B. Kohler-Koch & R. Eising (Eds.), The Transformations of Governance in the European Union (pp. 13–34). London/New York: Routledge.

Kohler-Koch, B., & Rittberger, B. (2006). The ‘Governance Turn’ in EU Studies. Journal of Common Market Studies, 44, 27–49.CrossRef

Koop, C. (2011). Explaining the Accountability of Independent Agencies: The Importance of Political Salience. Journal of Public Policy, 31(2), 209–234.CrossRef

Krampf, A. (2014). From the Maastricht Treaty to Post-Crisis EMU: The ECB and Germany as Drivers of Change. Journal of Contemporary European Studies, 22(3), 303–317.CrossRef

Lindblom, C. E. (1980). Politics and Markets: The World’s Political Economic Systems. New York: Basic Books.

Lombardi, D., & Moschella, M. (2016). Domestic Preferences and European Banking Supervision: Germany, Italy and the Single Supervisory Mechanism. West European Politics, 39(3), 462–482.CrossRef

Macartney, H. (2011). Finance Unravelled: A Historical Materialist Analysis of EU Public Policy. Competition & Change, 15(1), 48–70.

Mahoney, C. (2007). Lobbying Success in the United States and the European Union. Journal of Public Policy, 27(1), 35–56.CrossRef

Mahoney, C. (2008). Brussels Versus the Beltway: Advocacy in the United States and the European Union. Washington, DC: Georgetown University Press.

Mahoney, J. (2012). The Logic of Process Tracing Tests in the Social Sciences. Sociological Methods & Research, 41(4), 570–597.CrossRef

Majone, G. (1996). Regulating Europe. London/New York: Routledge.

Maris, G., & Sklias, P. (2016). France, Germany and the New Framework for EMU Governance. Journal of Contemporary European Studies, 24(1), 1–23.CrossRef

Matthijs, M. (2016). Powerful Rules Governing the Euro: The Perverse Logic of German Ideas. Journal of European Public Policy, 23(3), 375–391.CrossRef

Mattli, W., & Woods, N. (2009). In Whose Benefit? Explaining Regulatory Change in Global Politics. In W. Mattli & N. Woods (Eds.), The Politics of Global Regulation (pp. 1–43). Princeton/Oxford: Princeton University Press.CrossRef

McPhilemy, S. (2016). Integrating Macro-Prudential Policy: Central Banks as the ‘Third Force’ in EU Financial Reform. West European Politics, 39(3), 526–544.CrossRef

Milward, A. S. (2000). The European Rescue of the Nation State (2nd ed.). London/New York: Routledge.

Mintrom, M., & Norman, P. (2009). Policy Entrepreneurship and Policy Change. Policy Studies Journal, 37(4), 649–667.CrossRef

Mintrom, M., & Vergari, S. (1996). Advocacy Coalitions, Policy Entrepreneurs, and Policy Change. Policy Studies Journal, 24(3), 420–434.CrossRef

Montalbano, G. (2020). Policy Entrepreneurship and the Influence of the Transnational Financial Industry in the EU Reform of Securitization. Business and Politics, 22(1), 85–112.CrossRef

Moravcsik, A. (1993). Preference and Power in the European Community: A Liberal Intergovernmentalist Approach. Journal of Common Market Studies, 31(4), 473–524.CrossRef

Moravcsik, A. (1997). Taking Preferences Seriously: A Liberal Theory of International Politics. International Organization, 51(4), 513–553.CrossRef

Moravcsik, A. (1998). The Choice for Europe: Social Purpose and State Power from Messina to Maastricht. Ithaca: Cornell University Press.

Moravcsik, A., & Schimmelfennig, F. (2009). Liberal Intergovernmentalism. In A. Wiener & T. Diez (Eds.), European Integration Theory (pp. 67–87). Oxford: Oxford University Press.

Morton, A. D. (2007). Unravelling Gramsci. Hegemony and Passive Revolution in the Global Political Economy. London/Ann Harbor: Pluto Press.

Mügge, D. (2010). Widen the Market, Narrow the Competition. Banker Interests and the Making of a European Capital Market. Colchester: ECPR Press.

Mutimer, D. (1989). 1992 and the Political Integration of Europe: Neofunctionalism Reconsidered. Journal of European Integration, 13(1), 75–101.CrossRef

Nedergaard, P. (2018). The Influence of Ordoliberalism in the European Integration Processes, with the Eurozone Crisis as a Case. In A. Alcouffe, M. Baslé, & M. Poettinger (Eds.), Macroeconomic Theory and the Eurozone Crises (pp. 143–161). London/New York: Routledge.CrossRef

Nedergaard, P., & Snaith, H. (2015). ‘As I Drifted on a River I Could Not Control’: The Unintended Ordoliberal Consequences of the Eurozone Crisis. Journal of Common Market Studies, 53(5), 1094–1109.CrossRef

Nielsen, B., & Smeets, S. (2018). The Role of the EU Institutions in Establishing the Banking Union. Collaborative Leadership in the EMU Reform Process. Journal of European Public Policy, 25(9), 1233–1256.CrossRef

Niemann, A. (2006). Explaining Decisions in the European Union. Cambridge: Cambridge University Press.CrossRef

Niemann, A., & Ioannou, D. (2015). European Economic Integration in Times of Crisis: A Case of Neofunctionalism? Journal of European Public Policy, 22(2), 196–218.CrossRef

Niemann, A., & Schmitter, P. C. (2009). Neofunctionalism. In A. Wiener & T. Diez (Eds.), European Integration Theory (pp. 44–66). Oxford: Oxford University Press.

Novak, W. J. (2014). A Revisionist History of Regulatory Capture. In D. Carpenter & D. A. Moss (Eds.), Preventing Regulatory Capture: Special Interest Influence and How to Limit It (pp. 25–48). New York: Cambridge University Press.

Offe, C., & Wiesenthal, H. (1980). Two Logics of Collective Action: Theoretical Notes on Social Class and Organizational Form. Political Power and Social Theory, 1(1), 67–115.

Olson, M. (2009). The Logic of Collective Action: Public Goods and the Theory of Groups. Second Printing with a New Preface and Appendix. New York: Harvard University Press.CrossRef

Overbeek, H. (2000). Transnational Historical Materialism. Theories of Transnational Class Formation and World Order. In R. Palan (Ed.), Global Political Economy. Contemporary Theories (pp. 168–183). New York: Routledge.

Pagliari, S., & Young, K. L. (2014). Leveraged Interests: Financial Industry Power and the Role of Private Sector Coalitions. Review of International Political Economy, 21(3), 575–610.CrossRef

Paterson, W. E. (2011). The Reluctant Hegemon: Germany Moves Centre Stage in the European Union. Journal of Common Market Studies, 49, 57–75.

Perez, S., & Westrup, J. (2010). Finance and the Macroeconomy: The Politics of Regulatory Reform in Europe. Journal of European Public Policy, 17(8), 1171–1192.CrossRef

Pierson, P. (1996). The Path to European Integration: A Historical Institutionalist Analysis. Comparative Political Studies, 29(2), 123–163.CrossRef

Pierson, P. (2004). Politics in Time. History, Institutions and Social Analysis. New York: Princeton University Press.CrossRef

Pontusson, J. (2005). Varieties and Commonalities of Capitalism. In D. Coates (Ed.), Varieties of Capitalism, Varieties of Approaches (pp. 163–188). London: Palgrave Macmillan.

Posner, E. (2005). Sources of Institutional Change: The Supranational Origins of Europe’s New Stock Markets. World Politics, 58(1), 1–40.CrossRef

Posner, E. (2009). The Origins of Europe’s New Stock Markets. Cambridge/London: Harvard University Press.CrossRef

Posner, R. A. (2014). The Concept of Regulatory Capture: A Short, Inglorious History. In D. Carpenter & D. A. Moss (Eds.), Preventing Regulatory Capture: Special Interest Influence and How to Limit It (pp. 49–56). New York: Cambridge University Press.

Przeworski, A., & Wallerstein, M. (1988). Structural Dependence of the State on Capital. American Political Science Review, 82(1), 11–29.CrossRef

Puetter, U. (2014). The European Council and the Council: New Intergovernmentalism and Institutional Change. Oxford/New York: Oxford University Press.CrossRef

Quaglia, L. (2008a). Setting the Pace? Private Financial Interests and European Financial Market Integration. The British Journal of Politics and International Relations, 10(1), 46–63.CrossRef

Quaglia, L. (2008b). Explaining the Reform of Banking Supervision in Europe: An Integrative Approach. Governance, 21(3), 439–463.CrossRef

Quaglia, L. (2010a). Completing the Single Market in Financial Services: The Politics of Competing Advocacy Coalitions. Journal of European Public Policy, 17(7), 1007–1023.CrossRef

Quaglia, L. (2010b). Governing Financial Services in the European Union. Banking, Securities and Post-Trading. New York: Routledge.CrossRef

Quaglia, L. (2012). The ‘Old’ and ‘New’ Politics of Financial Services Regulation in the European Union. New Political Economy, 17(4), 515–535.CrossRef

Quaglia, L., & Spendzharova, A. (2017). The Conundrum of Solving ‘Too Big to Fail’ in the European Union. Supranationalization at Different Speeds. Journal of Common Market Studies, 55(5), 1110–1126.CrossRef

Rozbicka, P. (2013). Advocacy Coalitions: Influencing the Policy Process in the EU. Journal of European Public Policy, 20(6), 838–853.CrossRef

Ryner, M., & Cafruny, A. W. (2017). The European Union and Global Capitalism: Origins, Development and Crisis. London: Palgrave Macmillan.CrossRef

Sabatier, P. (1998). The Advocacy Coalition Framework: Revisions and Relevance for Europe. Journal of European Public Policy, 5(1), 98–130.CrossRef

Sandholtz, W., & Zysman, J. (1989). 1992: Recasting the European Bargain. World Politics, 42(1), 99–128.CrossRef

Schäfer, D. (2016). A Banking Union of Ideas? The Impact of Ordoliberalism and the Vicious Circle on the EU Banking Union. Journal of Common Market Studies, 54(4), 961–980.CrossRef

Schimmelfennig, F. (2014). European Integration in the Euro Crisis: The Limits of Postfunctionalism. Journal of European Integration, 36(3), 321–337.CrossRef

Schimmelfennig, F. (2015a). Liberal Intergovernmentalism and the Euro Area Crisis. Journal of European Public Policy, 22(2), 177–195.CrossRef

Schimmelfennig, F. (2015b). What’s the News in New Intergovernmentalism: A Critique of Bickerton, Hodson and Puetter. Journal of Common Market Studies, 53, 723–730.CrossRef

Schimmelfennig, F. (2016). A Differentiated Leap Forward: Spillover, Path-Dependency, and Graded Membership in European Banking Regulation. West European Politics, 39(3), 483–502.CrossRef

Schimmelfennig, F., & Rittberger, B. (2006). Theories of European integration. Assumptions and Hypotheses. In J. Richardson (Ed.), European Union: Power and Policy-Making (pp. 74–93). New York: Routledge.

Schirm, S. A. (2009). Ideas and Interests in Global Financial Governance: Comparing German and US Preference Formation. Cambridge Review of International Affairs, 22(3), 501–521.CrossRef

Schirm, S. A. (2011). Varieties of Strategies: Societal Influences on British and German Responses to the Global Economic Crisis. Journal of Contemporary European Studies, 19(1), 47–62.CrossRef

Schirm, S. A. (2013). Global Politics Are Domestic Politics: A Societal Approach to Divergence in the G20. Review of International Studies, 39(3), 685–706.CrossRef

Schirm, S. A. (2018). Societal Foundations of Governmental Preference Formation in the Eurozone Crisis. European Politics and Society, 19(1), 63–78.CrossRef

Schirm, S. A. (2019). Domestic Politics and the Societal Approach. In T. M. Shaw, L. C. Mahrenbach, R. Modi, & X. Yi-chong (Eds.), The Palgrave Handbook of Contemporary International Political Economy (pp. 103–117). London: Palgrave Macmillan.CrossRef

Schmitter, P. C. (1970). A Revised Theory of Regional Integration. International Organization, 24(4), 836–868.CrossRef

Schmitter, P. C. (2004). Neo-Neofunctionalism. EUI Paper. Retrieved from https://www.eui.eu/Documents/DepartmentsCentres/SPS/Profiles/Schmitter/NeoNeoFunctionalismRev.pdf

Schoenmaker, D. (2011). The Financial Trilemma. Economics Letters, 111(1), 57–59.CrossRef

Schoenmaker, D. (2013). Governance of International Banking: The Financial Trilemma. Oxford/New York: Oxford University Press.CrossRef

Schweiger, C. (2015). The ‘Reluctant Hegemon’: Germany in the EU’s Post-Crisis Constellation. In K. N. Demetriou (Ed.), The European Union in Crisis. Explorations in Representation and Democratic Legitimacy (pp. 15–32). Springer.

Spendzharova, A. (2012). Is More ‘Brussels’ the Solution? New European Union Member States’ Preferences About the European Financial Architecture. Journal of Common Market Studies, 50(2), 315–334.CrossRef

Spendzharova, A. B. (2014). Banking Union Under Construction: The Impact of Foreign Ownership and Domestic Bank Internationalization on European Union Member-States’ Regulatory Preferences in Banking Supervision. Review of International Political Economy, 21(4), 949–979.CrossRef

Stigler, G. J. (1971). The Theory of Economic Regulation. The Bell Journal of Economics and Management Science, Vol. 2, No. 1 (Spring, 1971), 3–21.

Stone Sweet, A., Fliegstein, N., & Sandholtz, W. (2001). The Institutionalization of European Space. In A. S. Sweet, W. Sandholtz, & N. Fliegstein (Eds.), The Institutionalization of Europe (pp. 1–28). Oxford: Oxford University Press.CrossRef

Story, J., & Walter, I. (1997). Political Economy of Financial Integration in Europe: The Battle of the Systems. Cambridge: MIT Press.

Sweet, A. S., & Sandholtz, W. (1998). Integration, Supranational Governance, and the Institutionalization of the European Polity. In W. Sandholtz & A. S. Sweet (Eds.), European Integration and Supranational Governance (pp. 1–26). Oxford/New York: Oxford University Press.

Talani, L. S. (2016). Neo-Gramscians and IPE: A Socio-Economic Understanding of Transnationalism, Hegemony and Civil Society. In A. W. Cafruny, L. S. Talani, & G. P. Martin (Eds.), The Palgrave Handbook of Critical International Political Economy (pp. 67–83). London: Palgrave Macmillan.CrossRef

Talani, L. S. (2017). The Political Economy of Italy in the Euro: Between Credibility and Competitiveness. London: Palgrave Macmillan.

Tranholm-Mikkelsen, J. (1991). Neo-functionalism: Obstinate or Obsolete? A Reappraisal in the Light of the New Dynamism of the EC. Millennium, 20(1), 1–22.CrossRef

Traxler, F. (2002). Employer vs. Product Market Associations: Different Dynamics in Associational Governance? In J. Greenwood (Ed.), The Effectiveness of EU Business Associations (pp. 157–170). Basingstoke/New York: Palgrave Macmillan.CrossRef

Traxler, F., & Schmitter, P. C. (1995). The Emerging Euro-Polity and Organized Interests. European Journal of International Relations, 1(2), 191–218.CrossRef

Tsingou, E. (2008). Transnational Private Governance and the Basel Process: Banking Regulation and Supervision, Private Interests and Basel II. In J.-C. Graz & A. Nölke (Eds.), Transnational Private Governance and Its Limits (pp. 58–68). New York: Routledge.

Underhill, G. R., & Zhang, X. (2008). Setting the Rules: Private Power, Political Underpinnings, and Legitimacy in Global Monetary and Financial Governance. International Affairs, 84(3), 535–554.

Van Apeldoorn, B. (2002a). Transnational Capitalism and the Struggle Over European Integration. London/New York: Routledge.

Van Apeldoorn, B. (2002b). The European Round Table of Industrialists: Still a Unique Player? In J. Greenwood (Ed.), The Effectiveness of EU Business Associations (pp. 194–205). London: Palgrave Macmillan.CrossRef

Van Apeldoorn, B. (2004). Theorizing the Transnational: A Historical Materialism Approach. Journal of International Relations and Development, 7(2), 142–176.CrossRef

Van Apeldoorn, B., Overbeek, H., & Ryner, M. (2003). Theories of European Integration: A Critique. In A. Cafruny & M. Ryner (Eds.), A Ruined Fortress? Neoliberal Hegemony and the Transformation of Europe (pp. 17–46). Lanham: Rowman and Littlefield.

Van der Pijl, K. (1998). Transnational Classes and International Relations. London/New York: Routledge.

Verdun, A. (2002). Merging Neofunctionalism and Intergovernmentalism: Lessons from EMU. In A. Verdun (Ed.), The Euro: European Integration Theory and Economic and Monetary Union (pp. 9–28). Oxford: Rowman and Littlefield.

Vilpišauskas, R. (2013). Eurozone Crisis and European Integration: Functional Spillover, Political Spillback? Journal of European Integration, 35(3), 361–373.CrossRef

Westrup, J. (2007). The Politics of Financial Regulatory Reform in Britain and Germany. West European Politics, 30(5), 1096–1119.CrossRef

Wlezien, C. (2005). On the Salience of Political Issues: The Problem with ‘Most Important Problem. Electoral Studies, 24(4), 555–579.CrossRef

Wolf, D. (2002). Neofunctionalism and Intergovernmentalism Amalgamated: The Case of EMU. In A. Verdun (Ed.), The Euro: European Integration Theory and Economic and Monetary Union (pp. 29–49). Oxford: Rowman and Littlefield.

Woll, C. (2013). Lobbying Under Pressure: The Effect of Salience on European Union Hedge Fund Regulation. Journal of Common Market Studies, 51(3), 555–572.CrossRef

Woll, C. (2014a). Bank Rescue Schemes in Continental Europe: The Power of Collective Inaction. Government and Opposition, 49(3), 426–451.CrossRef

Woll, C. (2014b). The Power of Inaction: Bank Bailouts in Comparison. New York: Cornell University Press.CrossRef

Woll, C. (2016). Politics in the Interest of Capital: A Not-So-Organized Combat. Politics and Society, 44(3), 373–391.CrossRef

Wright, E. O. (2005). Foundations of a Neo-Marxist Class Analysis. In E. O. Wright (Ed.), Approaches to Class Analysis (pp. 4–30). Cambridge: Cambridge University Press.CrossRef

Young, B. (2014). German Ordoliberalism as Agenda Setter for the Euro Crisis: Myth Trumps Reality. Journal of Contemporary European Studies, 22(3), 276–287.CrossRef

Zimmermann, H. (2010). Varieties of Global Financial Governance? British and German Approaches to Financial Market Regulation. In E. Helleiner, S. Pagliari, & H. Zimmermann (Eds.), Global Finance in Crisis (pp. 121–138). London: Routledge.

Zysman, J. (1983). Governments, Markets, and Growth: Financial Systems and the Politics of Industrial Change. Cornell: Cornell University Press.

Titel: A Critical Transnationalist ApproachCritical transnationalist approach to the European Financial Governance
verfasst von: Giuseppe Montalbano
Verlag: Springer International Publishing
Buch: Competing Interest Groups and Lobbying in the Construction of the European Banking Union
Print ISBN: 978-3-030-65424-5

Electronic ISBN: 978-3-030-65425-2

Copyright-Jahr: 2021
DOI: https://doi.org/10.1007/978-3-030-65425-2_2

Springer Professional

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Wirtschaft"

Premium Partner