Aneta Spendzharova
Biographic Data
| ID | 4381232 |
|---|---|
| NAME | Aneta Spendzharova |
| GIVEN NAMES | Aneta |
| FAMILY NAME | Spendzharova |
| SIGNATURE | SPENDZHAROVA A |
| AFFILIATIONS | Maastricht University |
| ORCID | 0000-0002-6764-1430 |
| VERIFIED | Yes |
| TOTAL WORKS | 17 |
| TOTAL CITATIONS | 181 |
| AUTHOR COUNT | 17 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2008 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 7 |
Regulating Uncertainty
The rapid adoption of artificial intelligence (AI) introduces significant uncertainty regarding its future applications and potential risks. What is the preferred regulatory approach when confronted with such uncertainty? To cope with uncertainty, people often screen information in a biased way, consistent with their own prior beliefs and predispositions. Heuristics such as trust and affect are likely to influence how new (scientific) information…
How policy capacities shape the green transition
This article investigates how policy capacities influence governments' decisions on allocating funding for the green transition. Our theoretical framework outlines how political, analytical and operational capacities can be expected to affect green transition funding. We probe the plausibility of these linkages by examining how EU member states from Central and Eastern Europe are using the European Recovery and Resilience Facility - the EU's main…
Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking
This article shows that the EU has exerted uneven influence within the global regime complex in shadow banking. Why? We seek to explain the variation in the EU’s ability to exert influence across different elemental regimes—those on hedge funds and securitization—in the broader regime complex over time. In hedge funds regulation, the EU has pursued more stringent international rules, to no avail. In securitization, the EU has been more successful…
Gouvernement Économique, but Not Like in the 1990s
Drawing on an integrated analysis of the latest European Union (EU) economic and financial governance reforms in the 2020s, we glean a new European economic governance paradigm. This article unpacks the main features of this new form of European gouvernement économique. The article focuses particularly on the set of policies adopted by two key actors in European economic and financial sector governance – the European Commission and the European C…
Challenges to the European single market at thirty
The European single market has been a flagship achievement of the European integration process. Nevertheless, 30 years after the launch of the single market, there are still instances of technical, legal, and bureaucratic obstacles to trade. In some areas of the single market, the EU has recently launched important new integration initiatives. At the same time, EU-wide crises have exacerbated already existing regulatory challenges, such as the de…
Regime complexity and managing financial data streams
International regime complexity has become a prominent feature of the global economy and world politics. The international governance of derivatives markets is a notable case of this phenomenon in finance because a variety of post‐crisis rules have been issued by a multitude of international standard‐setting bodies. By combining the regime complexity and orchestration frameworks, we explain the precision and scope of international standards for d…
Why Ranting about the Covid-19 Economy as a Woman Sounds Different in Copenhagen and in Cincinnati
Before the covid-19 pandemic, significant advances have been made in the advanced industrialized economies toward greater gender equality in the workplace, especially since the 1990s. However, the first year of the pandemic has led to dramatic backsliding in gender equality even among countries that have adopted sizeable relief packages to combat the devastating economic effects of the pandemic. This commentary argues that the pandemic has reinfo…
Regulators and the quest for coherence in finance
After the international financial crisis, new financial regulation was adopted at the international, regional and national levels, raising the issue of how to promote regulatory coherence, defined as the consistency between the rules adopted at different governance levels and in a variety of policy venues. A major recent area of reform concerned the loss absorbing capacity (LAC) of banks. In practice, the lack of regulatory coherence concerning L…
The Conundrum of Solving ‘Too Big to Fail’ in the European Union
In the aftermath of the international financial crisis, the European Union (EU) adopted a series of regulatory reforms concerning capital adequacy, bank structures and resolution in order to tackle the risks created by financial institutions that were ‘too big to fail’. This article demonstrates different degrees of progress towards a supranational framework in two important areas of reform: Limited harmonization of the rules on bank structures, …
Banking union through the back door? How European banking union affects Sweden and the Baltic States
Swedish decision-makers opted out of the European banking union (EBU) despite the large cross-border presence of Swedish banks in Estonia, Latvia, and Lithuania. The three Baltic states, on the other hand, have already joined the eurozone and are part of the EBU. This article identifies three important domestic considerations that have shaped Sweden's position. Firstly, Swedish decision-makers were concerned that member states outside the eurozon…
Clawing Back Lost Powers? Parliamentary Scrutiny of the Transposition of EU Social Policy Directives in the Netherlands
For quite some time parliaments were seen as the losers of European integration. As a reaction, several parliaments have sought to exert more control over the executive branch in EU decision-making. An alternative venue for 'clawing back' these lost powers is by influencing the domestic transposition of EU policies. Surprisingly, this opportunity for greater parliamentary involvement has not received much scholarly attention. Under what condition…
Banking union under construction
What is the optimal scope of regulatory harmonization in European financial sector governance? I argue that the levels of foreign ownership and domestic bank internationalization are important determinants of the extent to which governments are prepared to endorse European solutions in banking supervision or prefer national ones. I test two hypotheses about the impact of foreign ownership and domestic bank internationalization on regulatory prefe…
Issue salience in the European policy process
Analyses of agenda setting and decision making have highlighted that issue salience plays an important role in those stages of the policy process. This article investigates the role of issue salience in the implementation stage, focusing on transposition. We examine the extent to which issue salience - the relative importance attached to an issue in relation to others - influences the timeliness of transposing European Union directives in nationa…
European Economic Governance and Policies
Is More ‘Brussels’ the Solution? New European Union Member States' Preferences about the European Financial Architecture
The changes in the European financial architecture in the aftermath of the 2008 global financial crisis have highlighted the tension between the need for greater centralization of financial regulation at the EU level and the reluctance of some Member States to give up national regulatory autonomy. This article analyses the attitudes of new EU Member States toward the EU financial regulatory reforms. It investigates whether the extent of foreign o…
Catching Up? Consolidating Liberal Democracy in Bulgaria and Romania after EU Accession
This article investigates the most important determinants of domestic institutional change in combating corruption and reforming the judiciary in Bulgaria and Romania since EU accession in 2007. It explores how EU and domestic incentives trigger domestic institutional change, and how the two interact with one another. It argues that political leaders and parties will only continue and deepen reforms in response to the twin forces of EU and domest…
For the Market or ‘For Our Friends’? The Politics of Banking Sector Legal Reform in the Post-Communist Region After 1989
Catching Up? Consolidating Liberal Democracy in Bulgaria and Romania after EU Accession
This article investigates the most important determinants of domestic institutional change in combating corruption and reforming the judiciary in Bulgaria and Romania since EU accession in 2007. It explores how EU and domestic incentives trigger domestic institutional change, and how the two interact with one another. It argues that political leaders and parties will only continue and deepen reforms in response to the twin forces of EU and domest…
Issue salience in the European policy process
Analyses of agenda setting and decision making have highlighted that issue salience plays an important role in those stages of the policy process. This article investigates the role of issue salience in the implementation stage, focusing on transposition. We examine the extent to which issue salience - the relative importance attached to an issue in relation to others - influences the timeliness of transposing European Union directives in nationa…
Is More ‘Brussels’ the Solution? New European Union Member States' Preferences about the European Financial Architecture
The changes in the European financial architecture in the aftermath of the 2008 global financial crisis have highlighted the tension between the need for greater centralization of financial regulation at the EU level and the reluctance of some Member States to give up national regulatory autonomy. This article analyses the attitudes of new EU Member States toward the EU financial regulatory reforms. It investigates whether the extent of foreign o…
Banking union under construction
What is the optimal scope of regulatory harmonization in European financial sector governance? I argue that the levels of foreign ownership and domestic bank internationalization are important determinants of the extent to which governments are prepared to endorse European solutions in banking supervision or prefer national ones. I test two hypotheses about the impact of foreign ownership and domestic bank internationalization on regulatory prefe…
Banking union through the back door? How European banking union affects Sweden and the Baltic States
Swedish decision-makers opted out of the European banking union (EBU) despite the large cross-border presence of Swedish banks in Estonia, Latvia, and Lithuania. The three Baltic states, on the other hand, have already joined the eurozone and are part of the EBU. This article identifies three important domestic considerations that have shaped Sweden's position. Firstly, Swedish decision-makers were concerned that member states outside the eurozon…
Clawing Back Lost Powers? Parliamentary Scrutiny of the Transposition of EU Social Policy Directives in the Netherlands
For quite some time parliaments were seen as the losers of European integration. As a reaction, several parliaments have sought to exert more control over the executive branch in EU decision-making. An alternative venue for 'clawing back' these lost powers is by influencing the domestic transposition of EU policies. Surprisingly, this opportunity for greater parliamentary involvement has not received much scholarly attention. Under what condition…
The Conundrum of Solving ‘Too Big to Fail’ in the European Union
In the aftermath of the international financial crisis, the European Union (EU) adopted a series of regulatory reforms concerning capital adequacy, bank structures and resolution in order to tackle the risks created by financial institutions that were ‘too big to fail’. This article demonstrates different degrees of progress towards a supranational framework in two important areas of reform: Limited harmonization of the rules on bank structures, …
Regime complexity and managing financial data streams
International regime complexity has become a prominent feature of the global economy and world politics. The international governance of derivatives markets is a notable case of this phenomenon in finance because a variety of post‐crisis rules have been issued by a multitude of international standard‐setting bodies. By combining the regime complexity and orchestration frameworks, we explain the precision and scope of international standards for d…
Challenges to the European single market at thirty
The European single market has been a flagship achievement of the European integration process. Nevertheless, 30 years after the launch of the single market, there are still instances of technical, legal, and bureaucratic obstacles to trade. In some areas of the single market, the EU has recently launched important new integration initiatives. At the same time, EU-wide crises have exacerbated already existing regulatory challenges, such as the de…
Gouvernement Économique, but Not Like in the 1990s
Drawing on an integrated analysis of the latest European Union (EU) economic and financial governance reforms in the 2020s, we glean a new European economic governance paradigm. This article unpacks the main features of this new form of European gouvernement économique. The article focuses particularly on the set of policies adopted by two key actors in European economic and financial sector governance – the European Commission and the European C…
Regulators and the quest for coherence in finance
After the international financial crisis, new financial regulation was adopted at the international, regional and national levels, raising the issue of how to promote regulatory coherence, defined as the consistency between the rules adopted at different governance levels and in a variety of policy venues. A major recent area of reform concerned the loss absorbing capacity (LAC) of banks. In practice, the lack of regulatory coherence concerning L…
How policy capacities shape the green transition
This article investigates how policy capacities influence governments' decisions on allocating funding for the green transition. Our theoretical framework outlines how political, analytical and operational capacities can be expected to affect green transition funding. We probe the plausibility of these linkages by examining how EU member states from Central and Eastern Europe are using the European Recovery and Resilience Facility - the EU's main…
For the Market or ‘For Our Friends’? The Politics of Banking Sector Legal Reform in the Post-Communist Region After 1989
Regulating Uncertainty
The rapid adoption of artificial intelligence (AI) introduces significant uncertainty regarding its future applications and potential risks. What is the preferred regulatory approach when confronted with such uncertainty? To cope with uncertainty, people often screen information in a biased way, consistent with their own prior beliefs and predispositions. Heuristics such as trust and affect are likely to influence how new (scientific) information…
For the Market or ‘For Our Friends’? The Politics of Banking Sector Legal Reform in the Post-Communist Region After 1989
European Economic Governance and Policies
Is More ‘Brussels’ the Solution? New European Union Member States' Preferences about the European Financial Architecture
The changes in the European financial architecture in the aftermath of the 2008 global financial crisis have highlighted the tension between the need for greater centralization of financial regulation at the EU level and the reluctance of some Member States to give up national regulatory autonomy. This article analyses the attitudes of new EU Member States toward the EU financial regulatory reforms. It investigates whether the extent of foreign o…
Catching Up? Consolidating Liberal Democracy in Bulgaria and Romania after EU Accession
This article investigates the most important determinants of domestic institutional change in combating corruption and reforming the judiciary in Bulgaria and Romania since EU accession in 2007. It explores how EU and domestic incentives trigger domestic institutional change, and how the two interact with one another. It argues that political leaders and parties will only continue and deepen reforms in response to the twin forces of EU and domest…
Banking union under construction
What is the optimal scope of regulatory harmonization in European financial sector governance? I argue that the levels of foreign ownership and domestic bank internationalization are important determinants of the extent to which governments are prepared to endorse European solutions in banking supervision or prefer national ones. I test two hypotheses about the impact of foreign ownership and domestic bank internationalization on regulatory prefe…
Issue salience in the European policy process
Analyses of agenda setting and decision making have highlighted that issue salience plays an important role in those stages of the policy process. This article investigates the role of issue salience in the implementation stage, focusing on transposition. We examine the extent to which issue salience - the relative importance attached to an issue in relation to others - influences the timeliness of transposing European Union directives in nationa…
Clawing Back Lost Powers? Parliamentary Scrutiny of the Transposition of EU Social Policy Directives in the Netherlands
For quite some time parliaments were seen as the losers of European integration. As a reaction, several parliaments have sought to exert more control over the executive branch in EU decision-making. An alternative venue for 'clawing back' these lost powers is by influencing the domestic transposition of EU policies. Surprisingly, this opportunity for greater parliamentary involvement has not received much scholarly attention. Under what condition…
Banking union through the back door? How European banking union affects Sweden and the Baltic States
Swedish decision-makers opted out of the European banking union (EBU) despite the large cross-border presence of Swedish banks in Estonia, Latvia, and Lithuania. The three Baltic states, on the other hand, have already joined the eurozone and are part of the EBU. This article identifies three important domestic considerations that have shaped Sweden's position. Firstly, Swedish decision-makers were concerned that member states outside the eurozon…
The Conundrum of Solving ‘Too Big to Fail’ in the European Union
In the aftermath of the international financial crisis, the European Union (EU) adopted a series of regulatory reforms concerning capital adequacy, bank structures and resolution in order to tackle the risks created by financial institutions that were ‘too big to fail’. This article demonstrates different degrees of progress towards a supranational framework in two important areas of reform: Limited harmonization of the rules on bank structures, …
Regulators and the quest for coherence in finance
After the international financial crisis, new financial regulation was adopted at the international, regional and national levels, raising the issue of how to promote regulatory coherence, defined as the consistency between the rules adopted at different governance levels and in a variety of policy venues. A major recent area of reform concerned the loss absorbing capacity (LAC) of banks. In practice, the lack of regulatory coherence concerning L…
Why Ranting about the Covid-19 Economy as a Woman Sounds Different in Copenhagen and in Cincinnati
Before the covid-19 pandemic, significant advances have been made in the advanced industrialized economies toward greater gender equality in the workplace, especially since the 1990s. However, the first year of the pandemic has led to dramatic backsliding in gender equality even among countries that have adopted sizeable relief packages to combat the devastating economic effects of the pandemic. This commentary argues that the pandemic has reinfo…
Challenges to the European single market at thirty
The European single market has been a flagship achievement of the European integration process. Nevertheless, 30 years after the launch of the single market, there are still instances of technical, legal, and bureaucratic obstacles to trade. In some areas of the single market, the EU has recently launched important new integration initiatives. At the same time, EU-wide crises have exacerbated already existing regulatory challenges, such as the de…
Regime complexity and managing financial data streams
International regime complexity has become a prominent feature of the global economy and world politics. The international governance of derivatives markets is a notable case of this phenomenon in finance because a variety of post‐crisis rules have been issued by a multitude of international standard‐setting bodies. By combining the regime complexity and orchestration frameworks, we explain the precision and scope of international standards for d…
Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking
This article shows that the EU has exerted uneven influence within the global regime complex in shadow banking. Why? We seek to explain the variation in the EU’s ability to exert influence across different elemental regimes—those on hedge funds and securitization—in the broader regime complex over time. In hedge funds regulation, the EU has pursued more stringent international rules, to no avail. In securitization, the EU has been more successful…
Gouvernement Économique, but Not Like in the 1990s
Drawing on an integrated analysis of the latest European Union (EU) economic and financial governance reforms in the 2020s, we glean a new European economic governance paradigm. This article unpacks the main features of this new form of European gouvernement économique. The article focuses particularly on the set of policies adopted by two key actors in European economic and financial sector governance – the European Commission and the European C…
Regulating Uncertainty
The rapid adoption of artificial intelligence (AI) introduces significant uncertainty regarding its future applications and potential risks. What is the preferred regulatory approach when confronted with such uncertainty? To cope with uncertainty, people often screen information in a biased way, consistent with their own prior beliefs and predispositions. Heuristics such as trust and affect are likely to influence how new (scientific) information…
How policy capacities shape the green transition
This article investigates how policy capacities influence governments' decisions on allocating funding for the green transition. Our theoretical framework outlines how political, analytical and operational capacities can be expected to affect green transition funding. We probe the plausibility of these linkages by examining how EU member states from Central and Eastern Europe are using the European Recovery and Resilience Facility - the EU's main…
Economics (17 works) · Political science (15 works) · Global Financial Regulation and Crises (10 works) · Law (10 works) · Law (10 works) · Business (8 works) · European union (8 works) · Finance (8 works) · European Union Policy and Governance (7 works) · International trade (7 works)