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008 250312042019GB eng
020 _a9781351794619
037 _bTaylor & Francis
_cGBP 41.99
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040 _a01
041 _aeng
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100 1 _aDavid Howarth
245 1 0 _aPolitics of Supranational Banking Supervision in Europe
250 _a1
260 _aOxford
_bRoutledge
_c20190919
300 _a320 p
520 _bEurope’s sovereign debt crisis and the accompanying national bank crises in the European Union brought bank regulation and supervision to the top of the EU policy agenda. In a few short years, we have witnessed a ‘great leap forward’ for European integration marked by over a dozen pieces of EU legislation shaping the operation of banks, rules on bank capital, reconfigured supervisory agencies, and Banking Union. The significance of these measures lies however, in the fact that they constitute the most dramatic transfer of policy-making powers to the European level since the start of Economic and Monetary Union in 1999. This volume addresses the three main political battles behind the adoption of these new regulatory and supervisory policies. First, it examines divisions among states, both according to their domestic institutional structures, including distinct financial systems, as well as their creditor or debtor status in the crisis. Second, it studies the battle over national versus supranational jurisdiction. Third, it explores the conflictual process of policy learning and the activation of epistemic communities who claim competence to address the crisis. This book was originally published as a special issue of the journal West European Politics.
700 1 _aHuw Macartney
_4B01
999 _c6422
_d6422