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Structural Power and the Politics of Bank Capital Regulation in the United Kingdom

Bibliographic Data

ID6345901
AuthorsStephen Bell (0000-0003-2877-9231, The University of Queensland), Andrew Hindmoor (0000-0002-0335-2509, University of Sheffield, corresponding author)
Year2017
Volume65
Issue1
Pages103-121
Publication date2017-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenuePolitical Studies (JOURNAL)
Journal identifiersISSN: 0032-3217 • E-ISSN: 1467-9248
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0032321716629479
OpenAlexW2388326105
LanguageEN
Citations received25
References cited44

This article describes and explains a significant tightening in bank capital regulation in the United Kingdom since the 2008 financial crisis. The banks fiercely resisted the new capital regulations but in a novel theoretical contribution we argue that the structural power of business was reduced due to the changing ideas of state leaders, by changing institutional arrangements within the state and by wider open politicisation of banking reform

Bank regulation · Business · Capital (architecture · Capital requirement · Economic system · Economics · Financial capital · Financial crisis · Financial system · Human capital · Incentive · Kingdom · Macroeconomics · Market economy · Political economy · Political science · Politics · Power (physics · State (computer science · Banking stability, regulation, efficiency · Global Financial Regulation and Crises · Housing, Finance, and Neoliberalism · Law

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Unique citing works25
Citations per year2,78
Citation span2017 - 2026 (10)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 24

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