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Losing abroad but winning at home

European financial industry groups in global financial governance since the crisis

Datos Bibliográficos

ID7879971
AutoresKevin L Young (0000-0003-4783-0266, autor de correspondencia), Kevin Young (0000-0002-6369-5108)
Año2014
Volumen21
Número3
Páginas367-388
Fecha de publicación2014-03-16
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaJournal of European Public Policy (JOURNAL)
Identificadores de la revistaISSN: 1350-1763 • E-ISSN: 1466-4429
EditorialInforma UK Limited (PUBLISHER • GB)
DOI10.1080/13501763.2014.882971
OpenAlexW2096356387
IdiomaEN
Citas recibidas25
Referencias citadas27

This contribution examines the role of European Uion (EU) financial industry groups in global financial governance. I examine the extent to which EU-based financial industry groups are able to have their preferences met at different stages in the making of three different global banking regulatory policies which were part of the Basel III reforms. I find significant variation in their level of success – not across policies but across levels of governance. Specifically I find that the ability of these groups to affect either the global policy agenda or the specific content of new regulatory rules has been inconsistent and often quite weak, despite considerable structural power resources at their disposal and concerted advocacy campaigns. Where these groups have been more successful is in addressing the implementation phase, specifically EU-level implementation of these global regulatory policies. Such findings have implications not only for how we understand the power of EU financial industry groups in global governance generally, but also for more specific theoretical interventions on the role of market size, regulatory centralization and the structural power of firms

Business · Corporate governance · Economic system · Economics · European union · Financial crisis · Financial market · Financial regulation · Financial services · Financial system · Global governance · International economics · International trade · Macroeconomics · Banking stability, regulation, efficiency · Global Financial Regulation and Crises · State Capitalism and Financial Governance · Finance

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Obras citantes distintas25
Citas por año2,08
Intervalo de citas2014 - 2026 (13)
Velocidad de citacióncurrent
Altamente citadoNo
Tipos de citaNeutras: 25
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