Fortress Europe or open door Europe? The external impact of the EU's single market in financial services
Bibliographic Data
| ID | 7880392 |
|---|---|
| Authors | Andreas Dür (0000-0001-6621-7243, corresponding author) |
| Year | 2011 |
| Volume | 18 |
| Issue | 5 |
| Pages | 619-635 |
| Publication date | 2011-08-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of European Public Policy (JOURNAL) |
| Journal identifiers | ISSN: 1350-1763 • E-ISSN: 1466-4429 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/13501763.2011.586792 |
| OpenAlex | W1980031028 |
| Language | EN |
| Citations received | 10 |
| References cited | 18 |
I argue that the intra-European integration of services trade, even if it threatens to impose costs on third countries in the short run, on average makes the European Union (EU) more open to foreign service providers. The reasoning is that third countries are likely to respond to discrimination in ways that ensure continued openness of the EU. This may be achieved by (a combination of) concessions that entice a change in the EU's policies, unilateral policy changes, or threats that force EU policy adjustments. Regional integration in the service sector thus does not result in Fortress Europe but in Open Door Europe. I show the plausibility of this argument by analysing the external consequences of three steps towards completing the Single Market in the area of financial services
Argument (complex analysis · Business · Economic policy · Economics · Economy · European integration · European union · International economics · International trade · Openness to experience · Service (business · Service provider · Single market · Corporate Governance and Law · European Union Policy and Governance · Global Financial Regulation and Crises
The political science of European trade policy
The sources of European Union influence in international financial regulatory fora
Global Sport Power Europe? The Efficacy of the European Union in Global Sport Regulation
The European Union as a Conveniently-conflicted Counter-hegemon through Trade
Banking on Stability
The Politics of ‘Third Country Equivalence’ in Post-Crisis Financial Services Regulation in the European Union
The European Union as a global regulator? Context and comparison
The Geoeconomics of the Single Market for Financial Services
EU, US and international accounting standards
Why the Transatlantic Trade and Investment Partnership is not (so) new, and why it is also not (so) bad
Transatlantic Regulatory CooperationLegal Problems and Political Prospects
Trading Up
All Politics Is Global
Europe and the Japanese Challenge
Governing lipitor and lipstick
Protection for Exporters
The Incidental Fortress
Reordering the Marketplace
The politics of financial services regulation and supervision reform in the European Union
European Financial Integration
Regional and Multilateral Liberalization of Service Markets
Making Rules for Global Finance
| Unique citing works | 10 |
|---|---|
| Citations per year | 0,67 |
| Citation span | 2011 - 2024 (14) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 10 |