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Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies
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European Banking Nationalism - State Power and Troubled Banks (Hardcover)
Loot Price: R3,786
Discovery Miles 37 860
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European Banking Nationalism - State Power and Troubled Banks (Hardcover)
Series: Routledge/UACES Contemporary European Studies
Expected to ship within 10 - 15 working days
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This book compares the different expressions of, and outcomes from,
banking nationalism in two European countries to draw wider
conclusions about the consequences for Banking Union in Europe and
to show how national governments deal (or fail to deal) with
international commitments. It reveals how and why one case - Spain
- managed to tackle failing banks within EU Banking Union
regulations even before they became written in EU law, while the
other - Italy - had more persistent problems. The book argues that
Spain demonstrates a successful case of liberal economic
nationalism, typified by aggressive, early state intervention to
restructure Spanish banks, and help from the European Stability
Mechanism even in the face of local political opposition. Italy,
meanwhile, suffered from the weaker, delayed intervention which
forced it to confront European institutions with demands for
special treatment as a means of externalizing its own internal
weakness. This book will be of key interest to scholars, students
and professionals in economic policy, Economic and Monetary Union
and Banking Union in Europe, European and global governance,
European/EU studies, European public policy, European public
administration and EU law, as well as professionals working in the
banking sector.
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