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Eugénia C Heldt

Biographic Data

ID3479263
NAMEEugénia C Heldt
GIVEN NAMESEugénia C
FAMILY NAMEHeldt
SIGNATUREHELDT E C
AFFILIATIONSTechnical University of Munich
ORCID0000-0003-4077-840X
VERIFIEDYes
TOTAL WORKS23
TOTAL CITATIONS163
AUTHOR COUNT23
EDITOR COUNT0
FIRST PUBLICATION YEAR2017
LATEST PUBLICATION YEAR2026
H-INDEX8
  • How EU industrial policy got its groove back: Securitisation and governance shifts in the geoeconomic era

    Open Access•Eugénia C Heldt, Sophie Meunier•ARTICLE•Journal of European Public Policy•2026•References: 18

    This paper analyzes the transformation of European Union (EU) industrial policy from market-oriented to securitised approaches. We argue that external pressures – the weaponization of economic interdependence and security-driven industrial policies by China and the United States – enabled the European Commission to reframe industrial policy through a security lens, making interventionist measures politically acceptable despite long-standing oppos…

  • The political power of digital multinational companies in an era of geo-technological competition

    Open Access•Florence Dafe, Eugénia C Heldt•ARTICLE•Review of International Political…•2026•References: 28

    This commentary examines the political power of digital multinational companies (MNCs). Our review of the existing literature finds that comparative scholarship has focused on state-business relationships at the country level and sheds light on the sources of power flowing from the positions of digital companies in national political economies. However, to a lesser extent, comparativists have studied the power flowing from digital companies withi…

  • China’s rise and the reconfiguration of global economic governance

    Open Access•Eugénia C Heldt, Susan Park•ARTICLE•Review of International Political…•2025•Cited by: 8•References: 12

    China ‘s rapid economic and political ascension is changing the configuration of global economic governance. In some cases, Chinese initiatives have improved and complemented global governance structures, rather than fundamentally altering and undermining them. In other cases, a sometimes more fragile status quo endures. This special issue examines how China seeks to reconfigure global economic governance. It introduces the issue in two steps. Fi…

  • Multilateralism à la carte: How China navigates global economic institutions

    Open Access•Eugénia C Heldt, Henning Schmidtke et al.•ARTICLE•Review of International Political…•2025•Cited by: 11•References: 18

  • Divergent Attitudes of Eurosceptic Parties Towards Intergovernmental and Supranational EU Institutions

    Open Access•Nikolai Gad, Eugénia C Heldt et al.•ARTICLE•JCMS Journal of Common Market…•2024•References: 36

    How do Eurosceptic parties position themselves regarding individual European Union (EU) institutions? Using Euromanifesto data from 1979 to 2019, this study addresses this question by disaggregating the attitudes of party families towards separate intergovernmental and supranational EU institutions. It focuses on the relationship between the identities of radical left‐ and right‐wing parties and Euroscepticism. The findings reveal that post‐commu…

  • Europe’s Global Gateway: A New Instrument of Geopolitics

    Open Access•Eugénia C Heldt•ARTICLE•Politics and Governance•2023•Cited by: 11•References: 29

    In December 2021, the EU member states agreed on the Global Gateway strategy to mobilize public and private funds of up to €300 billion between 2021 and 2027, to invest in digital, climate and energy, transport, health, education, and research fields. With a geographical focus on Africa, Global Gateway links infrastructure investment projects with condition principles—including democratic values, good governance, and transparency—and catalyzes pr…

  • In Europe we trust: Selecting and empowering EU institutions in disruptive circumstances

    Open Access•Eugénia C Heldt, Elena Ríos Camacho et al.•ARTICLE•Journal of European Integration•2023•Cited by: 3•References: 43

    Over the past decade, the European Union (EU) made significant strides in economic and fiscal policy integration without formal treaty-based changes. After the euro crisis, member states granted the European Central Bank banking supervisory powers. During the pandemic, they entrusted the European Commission with raising EU debt through NextGenerationEurope. This article examines the empowerment of supranational institutions as a deliberate ajustm…

  • Persistence Against the Odds: How Entrepreneurial Agents Helped the UN Joint Inspection Unit to Prevail

    Open Access•Eugénia C Heldt, Patrick A Mello et al.•ARTICLE•Global Policy•2022

    Since its inception in 1966, the United Nations Joint Inspection Unit (JIU) has prevailed in the face of significant existential challenges. Against this backdrop, we investigate how and why the JIU persisted over time. Combining delegation and historical institutionalist approaches, we posit that entrepreneurial agents and layering processes together help us better understand persistence of international organizations. Based on semi‐structured i…

  • Measuring actual discretion of the European Commission: Using the discretion index to guide empirical research

    Open Access•Markus Gastinger, Eugénia C Heldt•ARTICLE•European Union Politics•2022•Cited by: 4•References: 55

    One key question in the study of the European Union has always been the extent of Commission discretion. We take the discretion index, typically used by principal–agent scholars to measure the Commission's designed discretion, to measure its actual discretion. Commission designed discretion can today be computationally generated with sufficient accuracy across all secondary acts. The study of designed discretion thus reaches considerable maturity…

  • Orchestrating private investors for development: How the World Bank revitalizes

    Open Access•Eugénia C Heldt, Thomas Dörfler•ARTICLE•Regulation & Governance•2022•Cited by: 7•References: 49

    Confronted with a new wave of criticism on the in effectiveness of its development programs, the World Bank embarked on a revitalization process, turning to private investors to finance International Development Association projects and widening its mandate. To explain these adaptation strategies of the World Bank to regain relevance, this piece draws on organizational ecology and orchestration scholarship. We contend that international organizat…

  • The Limits of Transparency: Expert Knowledge and Meaningful Accountability in Central Banking

    Open Access•Eugénia C Heldt, Lisa M Herzog•ARTICLE•Government and Opposition•2022•Cited by: 8•References: 46

    Recent discussions of accountability in contexts of expert knowledge raise questions about the limits of transparency. Against this background, we discuss the nexus between expert knowledge and meaningful accountability – that is, context-sensitive accountability based on a genuine understanding of a situation. We argue that the concentration of expertise in certain institutions makes it difficult to hold those institutions accountable. In partic…

  • When Do International Organizations Engage in Agency Slack? A Qualitative Comparative Analysis of United Nations Institutions

    Open Access•Eugénia C Heldt, Patrick A Mello et al.•ARTICLE•Global Studies Quarterly•2022•Cited by: 6•References: 13

    The extensive delegation of power to international organizations (IOs) has been accompanied by occasional agency slack. While prior studies suggest that IOs’ propensity for agency slack may be rooted in their organizational characteristics, this has rarely been explored empirically. To address this lacuna, in this article we propose a conceptualization and measurement of agency slack and develop a framework of organizational characteristics. Our …

  • A new delegation design for EU governance: How preference cohesiveness of multiple principals shapes the European Commission’s discretion in trade negotiations

    Open Access•Eugénia C Heldt•ARTICLE•Comparative European Politics•2021•Cited by: 2•References: 33

    The Lisbon Treaty enhanced the role of the European Parliament in free trade agreements. This article offers a comprehensive theoretical and empirical account of this new delegation design in EU trade governance. Specifically, it addresses the question how the preference cohesiveness of multiple principals—the Council of Ministers as a de jure principal and the Parliament as a de facto principal—shapes the Commission’s discretion in negotiating t…

  • Populism as a ‘corrective’ to trade agreements? ‘America First’ and the readjustment of Nafta

    Open Access•Robert Csehi, Eugénia C Heldt•ARTICLE•International Politics•2021•Cited by: 6•References: 21

    The past few years have seen an upsurge in populist politics around the globe. Yet, its potential impact on the liberal international order has been analyzed mainly from a discursive perspective, and much less is known about actual policy implications. Adopting an ideational approach to populism and taking the case of the NAFTA renegotiation process as a building block in the liberal economic order, this article studies the populist imprints of t…

  • Bringing Independence and Accountability Together: Mission Impossible for the European Central Bank

    Open Access•Eugénia C Heldt, Tony Müller•ARTICLE•Journal of European Integration•2021•Cited by: 7•References: 23

    The European Central Bank’s (ECB) role as a political actor during the euro crisis raised concerns about its independence and insufficient accountability. Against this backdrop, the article investigates how and why the ECB reacted to demands for more accountability during and following the crisis. To this end, we revisit the independence-accountability nexus, adding three qualifications to the conventional wisdom that independence and accountabil…

  • The (self-)empowerment of the European Central Bank during the sovereign debt crisis

    Open Access•Eugénia C Heldt, Tony Mueller•ARTICLE•Journal of European Integration•2020•Cited by: 14•References: 20

    The European Central Bank (ECB) emerged from the sovereign debt crisis as one of the most powerful supranational institutions. Against this background, this article explains how and why the ECB became empowered during the euro area crisis. Building on the delegation, governor's dilemma, and epistemic community approaches, we argue that the ECB ability to play a strong role in this empowerment process and to convince member states to entrust it wi…

  • Reforming International Organizations: How Partisanship and Ministerial Control Shape State Preferences toward the World Bank

    Open Access•Eugénia C Heldt, Laura C Mahrenbach•ARTICLE•Global Governance A Review of…•2020

    Recent scholarship has highlighted the role of domestic pressures in determining state preferences toward the reform of international organizations (IO s). This article adds a new dimension by examining how partisanship and ministerial control affect state preferences toward IO empowerment. The article derives two expectations from the existing literature. First, partisan position will determine preferences toward IO empowerment. Second, when a g…

  • Contested EU trade governance: Transparency conundrums in TTIP negotiations

    Open Access•Eugénia C Heldt•ARTICLE•Comparative European Politics•2019•Cited by: 5•References: 19

    During TTIP negotiations, the European Commission was severely criticized by civil society organizations and public opinion for its secrecy regarding negotiation strategies and priorities. The Commission responded by making some negotiating texts publicly available. This article explores the implications of increasing transparency in trade negotiations. Drawing on negotiation, politicization, and informal governance literature, it examines how th…

  • Explaining coherence in international regime complexes: How the World Bank shapes the field of multilateral development finance

    Open Access•Eugénia C Heldt, Henning Schmidtke•ARTICLE•Review of International Political…•2019•Cited by: 25•References: 27

    The landscape of multilateral development finance has changed dramatically in the past decades. At Bretton Woods, delegates envisioned the World Bank as the focal organization mobilizing financial support for national development strategies. Today, this issue area is populated by no less than 27 multilateral development banks including the Asian Infrastructure Investment Bank and the New Development Bank created under Chinese leadership. This pap…

  • Global Democracy in Decline: How Rising Authoritarianism Limits Democratic Control over International Institutions

    Open Access•Eugénia C Heldt, Henning Schmidtke•ARTICLE•Global Governance A Review of…•2019•Cited by: 3

    Over the past decade, rising authoritarian regimes have begun to challenge the liberal international order. This challenge is particularly pronounced in the field of multilateral development finance, where China and its coalition partners from Brazil, Russia, India, and South Africa have created two new multilateral development banks. This article argues that China and its partners have used the New Development Bank and the Asian Infrastructure I…

  • Legacies and innovations in global economic governance since Bretton Woods

    Open Access•Orfeo Fioretos, Eugénia C Heldt•ARTICLE•Review of International Political…•2019•Cited by: 19•References: 12

    The international economic system that emerged after the 1944 Bretton Woods conference became the most durable international arrangement devoted to economic openness. Seventy-five years after the conference, however, global shifts in power, institutional gridlock, and populist backlash figure prominently in accounts predicting the system's demise. This article examines the legacies of the Bretton Woods conference for structures and practices of g…

  • Lost in internal evaluation? Accountability and insulation at the World Bank

    Open Access•Eugénia C Heldt•ARTICLE•Contemporary Politics•2018•Cited by: 9•References: 56

    Over past decades, the World Bank has been criticized by scholars, policymakers, and civil society groups for being unaccountable and inefficient. Confronted with this wave of contestation, the Bank established several internal accountability mechanisms, including the Inspection Panel, the Independent Evaluation Group, and the Compliance Advisor/Ombudsman. Against this background, this article investigates how the proliferation of accountability …

  • Regaining control of errant agents? Agency slack at the European Commission and the World Health Organization

    Open Access•Eugénia C Heldt, Eugénia Heldt•ARTICLE•Cooperation and Conflict•2017•Cited by: 15•References: 8

    Under which conditions are principals able to regain control when agency slack has occured? While existing research highlights a number of important factors related to the conditions under which agents engage in slack, scholars have to a less extent investigated which causal mechanisms affect the ability of states to regain control of their errant agents. Extending the principal–agent literature, this contribution argues that the ability of princ…

  • Explaining coherence in international regime complexes: How the World Bank shapes the field of multilateral development finance

    Open Access•Eugénia C Heldt, Henning Schmidtke•ARTICLE•Review of International Political…•2019•Cited by: 25•References: 27

    The landscape of multilateral development finance has changed dramatically in the past decades. At Bretton Woods, delegates envisioned the World Bank as the focal organization mobilizing financial support for national development strategies. Today, this issue area is populated by no less than 27 multilateral development banks including the Asian Infrastructure Investment Bank and the New Development Bank created under Chinese leadership. This pap…

  • Legacies and innovations in global economic governance since Bretton Woods

    Open Access•Orfeo Fioretos, Eugénia C Heldt•ARTICLE•Review of International Political…•2019•Cited by: 19•References: 12

    The international economic system that emerged after the 1944 Bretton Woods conference became the most durable international arrangement devoted to economic openness. Seventy-five years after the conference, however, global shifts in power, institutional gridlock, and populist backlash figure prominently in accounts predicting the system's demise. This article examines the legacies of the Bretton Woods conference for structures and practices of g…

  • Regaining control of errant agents? Agency slack at the European Commission and the World Health Organization

    Open Access•Eugénia C Heldt, Eugénia Heldt•ARTICLE•Cooperation and Conflict•2017•Cited by: 15•References: 8

    Under which conditions are principals able to regain control when agency slack has occured? While existing research highlights a number of important factors related to the conditions under which agents engage in slack, scholars have to a less extent investigated which causal mechanisms affect the ability of states to regain control of their errant agents. Extending the principal–agent literature, this contribution argues that the ability of princ…

  • The (self-)empowerment of the European Central Bank during the sovereign debt crisis

    Open Access•Eugénia C Heldt, Tony Mueller•ARTICLE•Journal of European Integration•2020•Cited by: 14•References: 20

    The European Central Bank (ECB) emerged from the sovereign debt crisis as one of the most powerful supranational institutions. Against this background, this article explains how and why the ECB became empowered during the euro area crisis. Building on the delegation, governor's dilemma, and epistemic community approaches, we argue that the ECB ability to play a strong role in this empowerment process and to convince member states to entrust it wi…

  • Multilateralism à la carte: How China navigates global economic institutions

    Open Access•Eugénia C Heldt, Henning Schmidtke et al.•ARTICLE•Review of International Political…•2025•Cited by: 11•References: 18

  • Europe’s Global Gateway: A New Instrument of Geopolitics

    Open Access•Eugénia C Heldt•ARTICLE•Politics and Governance•2023•Cited by: 11•References: 29

    In December 2021, the EU member states agreed on the Global Gateway strategy to mobilize public and private funds of up to €300 billion between 2021 and 2027, to invest in digital, climate and energy, transport, health, education, and research fields. With a geographical focus on Africa, Global Gateway links infrastructure investment projects with condition principles—including democratic values, good governance, and transparency—and catalyzes pr…

  • Lost in internal evaluation? Accountability and insulation at the World Bank

    Open Access•Eugénia C Heldt•ARTICLE•Contemporary Politics•2018•Cited by: 9•References: 56

    Over past decades, the World Bank has been criticized by scholars, policymakers, and civil society groups for being unaccountable and inefficient. Confronted with this wave of contestation, the Bank established several internal accountability mechanisms, including the Inspection Panel, the Independent Evaluation Group, and the Compliance Advisor/Ombudsman. Against this background, this article investigates how the proliferation of accountability …

  • China’s rise and the reconfiguration of global economic governance

    Open Access•Eugénia C Heldt, Susan Park•ARTICLE•Review of International Political…•2025•Cited by: 8•References: 12

    China ‘s rapid economic and political ascension is changing the configuration of global economic governance. In some cases, Chinese initiatives have improved and complemented global governance structures, rather than fundamentally altering and undermining them. In other cases, a sometimes more fragile status quo endures. This special issue examines how China seeks to reconfigure global economic governance. It introduces the issue in two steps. Fi…

  • The Limits of Transparency: Expert Knowledge and Meaningful Accountability in Central Banking

    Open Access•Eugénia C Heldt, Lisa M Herzog•ARTICLE•Government and Opposition•2022•Cited by: 8•References: 46

    Recent discussions of accountability in contexts of expert knowledge raise questions about the limits of transparency. Against this background, we discuss the nexus between expert knowledge and meaningful accountability – that is, context-sensitive accountability based on a genuine understanding of a situation. We argue that the concentration of expertise in certain institutions makes it difficult to hold those institutions accountable. In partic…

  • Orchestrating private investors for development: How the World Bank revitalizes

    Open Access•Eugénia C Heldt, Thomas Dörfler•ARTICLE•Regulation & Governance•2022•Cited by: 7•References: 49

    Confronted with a new wave of criticism on the in effectiveness of its development programs, the World Bank embarked on a revitalization process, turning to private investors to finance International Development Association projects and widening its mandate. To explain these adaptation strategies of the World Bank to regain relevance, this piece draws on organizational ecology and orchestration scholarship. We contend that international organizat…

  • Bringing Independence and Accountability Together: Mission Impossible for the European Central Bank

    Open Access•Eugénia C Heldt, Tony Müller•ARTICLE•Journal of European Integration•2021•Cited by: 7•References: 23

    The European Central Bank’s (ECB) role as a political actor during the euro crisis raised concerns about its independence and insufficient accountability. Against this backdrop, the article investigates how and why the ECB reacted to demands for more accountability during and following the crisis. To this end, we revisit the independence-accountability nexus, adding three qualifications to the conventional wisdom that independence and accountabil…

  • When Do International Organizations Engage in Agency Slack? A Qualitative Comparative Analysis of United Nations Institutions

    Open Access•Eugénia C Heldt, Patrick A Mello et al.•ARTICLE•Global Studies Quarterly•2022•Cited by: 6•References: 13

    The extensive delegation of power to international organizations (IOs) has been accompanied by occasional agency slack. While prior studies suggest that IOs’ propensity for agency slack may be rooted in their organizational characteristics, this has rarely been explored empirically. To address this lacuna, in this article we propose a conceptualization and measurement of agency slack and develop a framework of organizational characteristics. Our …

  • Populism as a ‘corrective’ to trade agreements? ‘America First’ and the readjustment of Nafta

    Open Access•Robert Csehi, Eugénia C Heldt•ARTICLE•International Politics•2021•Cited by: 6•References: 21

    The past few years have seen an upsurge in populist politics around the globe. Yet, its potential impact on the liberal international order has been analyzed mainly from a discursive perspective, and much less is known about actual policy implications. Adopting an ideational approach to populism and taking the case of the NAFTA renegotiation process as a building block in the liberal economic order, this article studies the populist imprints of t…

  • Contested EU trade governance: Transparency conundrums in TTIP negotiations

    Open Access•Eugénia C Heldt•ARTICLE•Comparative European Politics•2019•Cited by: 5•References: 19

    During TTIP negotiations, the European Commission was severely criticized by civil society organizations and public opinion for its secrecy regarding negotiation strategies and priorities. The Commission responded by making some negotiating texts publicly available. This article explores the implications of increasing transparency in trade negotiations. Drawing on negotiation, politicization, and informal governance literature, it examines how th…

  • Measuring actual discretion of the European Commission: Using the discretion index to guide empirical research

    Open Access•Markus Gastinger, Eugénia C Heldt•ARTICLE•European Union Politics•2022•Cited by: 4•References: 55

    One key question in the study of the European Union has always been the extent of Commission discretion. We take the discretion index, typically used by principal–agent scholars to measure the Commission's designed discretion, to measure its actual discretion. Commission designed discretion can today be computationally generated with sufficient accuracy across all secondary acts. The study of designed discretion thus reaches considerable maturity…

  • In Europe we trust: Selecting and empowering EU institutions in disruptive circumstances

    Open Access•Eugénia C Heldt, Elena Ríos Camacho et al.•ARTICLE•Journal of European Integration•2023•Cited by: 3•References: 43

    Over the past decade, the European Union (EU) made significant strides in economic and fiscal policy integration without formal treaty-based changes. After the euro crisis, member states granted the European Central Bank banking supervisory powers. During the pandemic, they entrusted the European Commission with raising EU debt through NextGenerationEurope. This article examines the empowerment of supranational institutions as a deliberate ajustm…

  • Global Democracy in Decline: How Rising Authoritarianism Limits Democratic Control over International Institutions

    Open Access•Eugénia C Heldt, Henning Schmidtke•ARTICLE•Global Governance A Review of…•2019•Cited by: 3

    Over the past decade, rising authoritarian regimes have begun to challenge the liberal international order. This challenge is particularly pronounced in the field of multilateral development finance, where China and its coalition partners from Brazil, Russia, India, and South Africa have created two new multilateral development banks. This article argues that China and its partners have used the New Development Bank and the Asian Infrastructure I…

  • A new delegation design for EU governance: How preference cohesiveness of multiple principals shapes the European Commission’s discretion in trade negotiations

    Open Access•Eugénia C Heldt•ARTICLE•Comparative European Politics•2021•Cited by: 2•References: 33

    The Lisbon Treaty enhanced the role of the European Parliament in free trade agreements. This article offers a comprehensive theoretical and empirical account of this new delegation design in EU trade governance. Specifically, it addresses the question how the preference cohesiveness of multiple principals—the Council of Ministers as a de jure principal and the Parliament as a de facto principal—shapes the Commission’s discretion in negotiating t…

  • Regaining control of errant agents? Agency slack at the European Commission and the World Health Organization

    Open Access•Eugénia C Heldt, Eugénia Heldt•ARTICLE•Cooperation and Conflict•2017•Cited by: 15•References: 8

    Under which conditions are principals able to regain control when agency slack has occured? While existing research highlights a number of important factors related to the conditions under which agents engage in slack, scholars have to a less extent investigated which causal mechanisms affect the ability of states to regain control of their errant agents. Extending the principal–agent literature, this contribution argues that the ability of princ…

  • Lost in internal evaluation? Accountability and insulation at the World Bank

    Open Access•Eugénia C Heldt•ARTICLE•Contemporary Politics•2018•Cited by: 9•References: 56

    Over past decades, the World Bank has been criticized by scholars, policymakers, and civil society groups for being unaccountable and inefficient. Confronted with this wave of contestation, the Bank established several internal accountability mechanisms, including the Inspection Panel, the Independent Evaluation Group, and the Compliance Advisor/Ombudsman. Against this background, this article investigates how the proliferation of accountability …

  • Contested EU trade governance: Transparency conundrums in TTIP negotiations

    Open Access•Eugénia C Heldt•ARTICLE•Comparative European Politics•2019•Cited by: 5•References: 19

    During TTIP negotiations, the European Commission was severely criticized by civil society organizations and public opinion for its secrecy regarding negotiation strategies and priorities. The Commission responded by making some negotiating texts publicly available. This article explores the implications of increasing transparency in trade negotiations. Drawing on negotiation, politicization, and informal governance literature, it examines how th…

  • Explaining coherence in international regime complexes: How the World Bank shapes the field of multilateral development finance

    Open Access•Eugénia C Heldt, Henning Schmidtke•ARTICLE•Review of International Political…•2019•Cited by: 25•References: 27

    The landscape of multilateral development finance has changed dramatically in the past decades. At Bretton Woods, delegates envisioned the World Bank as the focal organization mobilizing financial support for national development strategies. Today, this issue area is populated by no less than 27 multilateral development banks including the Asian Infrastructure Investment Bank and the New Development Bank created under Chinese leadership. This pap…

  • Global Democracy in Decline: How Rising Authoritarianism Limits Democratic Control over International Institutions

    Open Access•Eugénia C Heldt, Henning Schmidtke•ARTICLE•Global Governance A Review of…•2019•Cited by: 3

    Over the past decade, rising authoritarian regimes have begun to challenge the liberal international order. This challenge is particularly pronounced in the field of multilateral development finance, where China and its coalition partners from Brazil, Russia, India, and South Africa have created two new multilateral development banks. This article argues that China and its partners have used the New Development Bank and the Asian Infrastructure I…

  • Legacies and innovations in global economic governance since Bretton Woods

    Open Access•Orfeo Fioretos, Eugénia C Heldt•ARTICLE•Review of International Political…•2019•Cited by: 19•References: 12

    The international economic system that emerged after the 1944 Bretton Woods conference became the most durable international arrangement devoted to economic openness. Seventy-five years after the conference, however, global shifts in power, institutional gridlock, and populist backlash figure prominently in accounts predicting the system's demise. This article examines the legacies of the Bretton Woods conference for structures and practices of g…

  • The (self-)empowerment of the European Central Bank during the sovereign debt crisis

    Open Access•Eugénia C Heldt, Tony Mueller•ARTICLE•Journal of European Integration•2020•Cited by: 14•References: 20

    The European Central Bank (ECB) emerged from the sovereign debt crisis as one of the most powerful supranational institutions. Against this background, this article explains how and why the ECB became empowered during the euro area crisis. Building on the delegation, governor's dilemma, and epistemic community approaches, we argue that the ECB ability to play a strong role in this empowerment process and to convince member states to entrust it wi…

  • Reforming International Organizations: How Partisanship and Ministerial Control Shape State Preferences toward the World Bank

    Open Access•Eugénia C Heldt, Laura C Mahrenbach•ARTICLE•Global Governance A Review of…•2020

    Recent scholarship has highlighted the role of domestic pressures in determining state preferences toward the reform of international organizations (IO s). This article adds a new dimension by examining how partisanship and ministerial control affect state preferences toward IO empowerment. The article derives two expectations from the existing literature. First, partisan position will determine preferences toward IO empowerment. Second, when a g…

  • A new delegation design for EU governance: How preference cohesiveness of multiple principals shapes the European Commission’s discretion in trade negotiations

    Open Access•Eugénia C Heldt•ARTICLE•Comparative European Politics•2021•Cited by: 2•References: 33

    The Lisbon Treaty enhanced the role of the European Parliament in free trade agreements. This article offers a comprehensive theoretical and empirical account of this new delegation design in EU trade governance. Specifically, it addresses the question how the preference cohesiveness of multiple principals—the Council of Ministers as a de jure principal and the Parliament as a de facto principal—shapes the Commission’s discretion in negotiating t…

  • Populism as a ‘corrective’ to trade agreements? ‘America First’ and the readjustment of Nafta

    Open Access•Robert Csehi, Eugénia C Heldt•ARTICLE•International Politics•2021•Cited by: 6•References: 21

    The past few years have seen an upsurge in populist politics around the globe. Yet, its potential impact on the liberal international order has been analyzed mainly from a discursive perspective, and much less is known about actual policy implications. Adopting an ideational approach to populism and taking the case of the NAFTA renegotiation process as a building block in the liberal economic order, this article studies the populist imprints of t…

  • Bringing Independence and Accountability Together: Mission Impossible for the European Central Bank

    Open Access•Eugénia C Heldt, Tony Müller•ARTICLE•Journal of European Integration•2021•Cited by: 7•References: 23

    The European Central Bank’s (ECB) role as a political actor during the euro crisis raised concerns about its independence and insufficient accountability. Against this backdrop, the article investigates how and why the ECB reacted to demands for more accountability during and following the crisis. To this end, we revisit the independence-accountability nexus, adding three qualifications to the conventional wisdom that independence and accountabil…

  • Persistence Against the Odds: How Entrepreneurial Agents Helped the UN Joint Inspection Unit to Prevail

    Open Access•Eugénia C Heldt, Patrick A Mello et al.•ARTICLE•Global Policy•2022

    Since its inception in 1966, the United Nations Joint Inspection Unit (JIU) has prevailed in the face of significant existential challenges. Against this backdrop, we investigate how and why the JIU persisted over time. Combining delegation and historical institutionalist approaches, we posit that entrepreneurial agents and layering processes together help us better understand persistence of international organizations. Based on semi‐structured i…

  • Measuring actual discretion of the European Commission: Using the discretion index to guide empirical research

    Open Access•Markus Gastinger, Eugénia C Heldt•ARTICLE•European Union Politics•2022•Cited by: 4•References: 55

    One key question in the study of the European Union has always been the extent of Commission discretion. We take the discretion index, typically used by principal–agent scholars to measure the Commission's designed discretion, to measure its actual discretion. Commission designed discretion can today be computationally generated with sufficient accuracy across all secondary acts. The study of designed discretion thus reaches considerable maturity…

  • Orchestrating private investors for development: How the World Bank revitalizes

    Open Access•Eugénia C Heldt, Thomas Dörfler•ARTICLE•Regulation & Governance•2022•Cited by: 7•References: 49

    Confronted with a new wave of criticism on the in effectiveness of its development programs, the World Bank embarked on a revitalization process, turning to private investors to finance International Development Association projects and widening its mandate. To explain these adaptation strategies of the World Bank to regain relevance, this piece draws on organizational ecology and orchestration scholarship. We contend that international organizat…

  • The Limits of Transparency: Expert Knowledge and Meaningful Accountability in Central Banking

    Open Access•Eugénia C Heldt, Lisa M Herzog•ARTICLE•Government and Opposition•2022•Cited by: 8•References: 46

    Recent discussions of accountability in contexts of expert knowledge raise questions about the limits of transparency. Against this background, we discuss the nexus between expert knowledge and meaningful accountability – that is, context-sensitive accountability based on a genuine understanding of a situation. We argue that the concentration of expertise in certain institutions makes it difficult to hold those institutions accountable. In partic…

  • When Do International Organizations Engage in Agency Slack? A Qualitative Comparative Analysis of United Nations Institutions

    Open Access•Eugénia C Heldt, Patrick A Mello et al.•ARTICLE•Global Studies Quarterly•2022•Cited by: 6•References: 13

    The extensive delegation of power to international organizations (IOs) has been accompanied by occasional agency slack. While prior studies suggest that IOs’ propensity for agency slack may be rooted in their organizational characteristics, this has rarely been explored empirically. To address this lacuna, in this article we propose a conceptualization and measurement of agency slack and develop a framework of organizational characteristics. Our …

  • Europe’s Global Gateway: A New Instrument of Geopolitics

    Open Access•Eugénia C Heldt•ARTICLE•Politics and Governance•2023•Cited by: 11•References: 29

    In December 2021, the EU member states agreed on the Global Gateway strategy to mobilize public and private funds of up to €300 billion between 2021 and 2027, to invest in digital, climate and energy, transport, health, education, and research fields. With a geographical focus on Africa, Global Gateway links infrastructure investment projects with condition principles—including democratic values, good governance, and transparency—and catalyzes pr…

  • In Europe we trust: Selecting and empowering EU institutions in disruptive circumstances

    Open Access•Eugénia C Heldt, Elena Ríos Camacho et al.•ARTICLE•Journal of European Integration•2023•Cited by: 3•References: 43

    Over the past decade, the European Union (EU) made significant strides in economic and fiscal policy integration without formal treaty-based changes. After the euro crisis, member states granted the European Central Bank banking supervisory powers. During the pandemic, they entrusted the European Commission with raising EU debt through NextGenerationEurope. This article examines the empowerment of supranational institutions as a deliberate ajustm…

  • Divergent Attitudes of Eurosceptic Parties Towards Intergovernmental and Supranational EU Institutions

    Open Access•Nikolai Gad, Eugénia C Heldt et al.•ARTICLE•JCMS Journal of Common Market…•2024•References: 36

    How do Eurosceptic parties position themselves regarding individual European Union (EU) institutions? Using Euromanifesto data from 1979 to 2019, this study addresses this question by disaggregating the attitudes of party families towards separate intergovernmental and supranational EU institutions. It focuses on the relationship between the identities of radical left‐ and right‐wing parties and Euroscepticism. The findings reveal that post‐commu…

  • China’s rise and the reconfiguration of global economic governance

    Open Access•Eugénia C Heldt, Susan Park•ARTICLE•Review of International Political…•2025•Cited by: 8•References: 12

    China ‘s rapid economic and political ascension is changing the configuration of global economic governance. In some cases, Chinese initiatives have improved and complemented global governance structures, rather than fundamentally altering and undermining them. In other cases, a sometimes more fragile status quo endures. This special issue examines how China seeks to reconfigure global economic governance. It introduces the issue in two steps. Fi…

  • Multilateralism à la carte: How China navigates global economic institutions

    Open Access•Eugénia C Heldt, Henning Schmidtke et al.•ARTICLE•Review of International Political…•2025•Cited by: 11•References: 18

  • How EU industrial policy got its groove back: Securitisation and governance shifts in the geoeconomic era

    Open Access•Eugénia C Heldt, Sophie Meunier•ARTICLE•Journal of European Public Policy•2026•References: 18

    This paper analyzes the transformation of European Union (EU) industrial policy from market-oriented to securitised approaches. We argue that external pressures – the weaponization of economic interdependence and security-driven industrial policies by China and the United States – enabled the European Commission to reframe industrial policy through a security lens, making interventionist measures politically acceptable despite long-standing oppos…

  • The political power of digital multinational companies in an era of geo-technological competition

    Open Access•Florence Dafe, Eugénia C Heldt•ARTICLE•Review of International Political…•2026•References: 28

    This commentary examines the political power of digital multinational companies (MNCs). Our review of the existing literature finds that comparative scholarship has focused on state-business relationships at the country level and sheds light on the sources of power flowing from the positions of digital companies in national political economies. However, to a lesser extent, comparativists have studied the power flowing from digital companies withi…

Political science (20 works) · Economics (15 works) · International Development and Aid (13 works) · Law (13 works) · Law (11 works) · Business (10 works) · Corporate governance (10 works) · European Union Policy and Governance (10 works) · Political Influence and Corporate Strategies (9 works) · Politics (9 works)

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