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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.
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.
This book examines the politics of Banking Union and EMU reform in
the EU, and draws lessons for what it means for international
politics, both in Europe, and for international relations more
broadly. It demonstrates that most of the reforms in Europe to
break free of the Eurozone and banking crises in which Europe
continues to find itself focus on building up the capacities of
national authorities rather than European ones. The result is that
national authorities remain largely in control of the decisions and
funds that are to be deployed to prevent economic disaster if a
single EU bank fails. The likely outcome is an accelerated
balkanization of the European market for the foreseeable future.
The book also contends that power politics, and realism in
particular, is a defining feature of European politics with
coercion and enforced national responsibility at the demand of
Germany; the dominant form of institution-building that established
the responsible sovereignty model, and shut down the possibility of
alternatives. In making this case, the book demonstrates that the
dominant view in international relations, that power politics best
explains the behaviour of states, also apply to the EU. This text
will be of key interest to scholars and students of the Eurozone
crisis, EU politics, economic policy, and more broadly to political
economy, public policy and international relations.
This book examines the politics of Banking Union and EMU reform in
the EU, and draws lessons for what it means for international
politics, both in Europe, and for international relations more
broadly. It demonstrates that most of the reforms in Europe to
break free of the Eurozone and banking crises in which Europe
continues to find itself focus on building up the capacities of
national authorities rather than European ones. The result is that
national authorities remain largely in control of the decisions and
funds that are to be deployed to prevent economic disaster if a
single EU bank fails. The likely outcome is an accelerated
balkanization of the European market for the foreseeable future.
The book also contends that power politics, and realism in
particular, is a defining feature of European politics with
coercion and enforced national responsibility at the demand of
Germany; the dominant form of institution-building that established
the responsible sovereignty model, and shut down the possibility of
alternatives. In making this case, the book demonstrates that the
dominant view in international relations, that power politics best
explains the behaviour of states, also apply to the EU. This text
will be of key interest to scholars and students of the Eurozone
crisis, EU politics, economic policy, and more broadly to political
economy, public policy and international relations.
Written by the director of basketball operations at Southern
Illinois University (who also played at Illinois and assisted at
Kansas), GO GET THAT SCHOLARSHIP helps high school basketball
players and their parents navigate the often stressful and
confusing process of securing a college basketball scholarship.
Filled with interesting anecdotes, indispensible lists ("The Six
Things You Have to Ask a Coach"), tips on everything from highlight
videos to walk-on tryouts -- even a college basketball preparation
checklist -- this honest, revealing and downright funny book tells
high school players, their parents and general college basketball
fans what college basketball recruiting is REALLY like.
The regulation of financial markets and companies in Europe has
undergone significant changes over the last decade. The Commission,
Member States, and Parliament constructed regimes that facilitate
new legislation, sanction delegation to the Commission for
financial market law, and structure the cross-border regulation of
companies within the single market. The substance of this book is
about that regime development. In creating the regimes discussed in
this book, EU leaders contributed to the ongoing
constitutionalisation of Europe by contesting and constructing
norms. Patterns of normative collision, collusion and coexistence
determined whether and what kind of regime emerged. Each of the
regimes required an explicit definition of the vertical
relationship between the EU and the member states, and of the
horizontal relationship amongst the member states. It defined the
kind of regulatory state that would be required, the mix of
European and national bodies involved, and the procedures they were
to follow in carrying out their functions. It also defined what
kinds of national variation in related economic and social policy
would be regarded as legitimate. As they made these agreements,
European leaders simultaneously articulated what it meant to be a
member state in the single market, and what it meant to delegate
responsibilities to the EU. This constitutionalised these ideals by
sorting out the issues of EU and national responsibilities in a
powerfully authoritative way. The theory of this book is about
demonstrating the normative foundations of these constitutional
agreements and showing how they had to be built on the shoulders of
national ones.
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