Power Politics, Banking Union and EMU
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...
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| Format: | Online |
| Language: | English |
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Taylor & Francis
2025
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| Online Access: | ONIX_20250530T135512_9781351332583_4 |
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| _version_ | 1869524383111839744 |
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| author | Donnelly, Shawn |
| author_browse | Donnelly, Shawn |
| author_facet | Donnelly, Shawn |
| author_sort | Donnelly, Shawn |
| collection | Directory of Open Access Books |
| description | 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. The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license. |
| format | Online |
| id | doab-20.500.12854ir-160929 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | Taylor & Francis |
| publisherStr | Taylor & Francis |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1609292025-05-31T05:48:05Z Power Politics, Banking Union and EMU Donnelly, Shawn German Government European Systemic Risk Board Public Backstop EU Law Responsible Sovereignty EU Institution National Resolution Authorities Resolution Authorities EU Treaty EU Member State Single Supervisory Mechanism European Economic Governance Enforcement Pyramid Liberal Intergovernmentalism Single Resolution Mechanism ESM Treaty Basel Iii EU Bank National Resolution European Banking Authority Resolution Fund Basel Iii Rule AQR DGS European Semester thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPS International relations thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPP Public administration 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. The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license. 2025-05-31T05:48:04Z 2025-05-31T05:48:04Z 2025-05-30T11:59:08Z 2018 book ONIX_20250530T135512_9781351332583_4 https://library.oapen.org/handle/20.500.12657/103245 9781351332583 9781138572300 9781351332576 9781351332569 9780203702130 9780367591717 https://directory.doabooks.org/handle/20.500.12854/160929 eng Routledge/UACES Contemporary European Studies open access image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/103245/1/9781351332583.pdf Taylor & Francis Routledge 10.4324/9780203702130 10.4324/9780203702130 fa69b019-f4ee-4979-8d42-c6b6c476b5f0 fd8641ad-36c2-4777-8508-b81a083baab9 20d6ac69-3dd7-44a6-9a7d-7c6dc58647f1 9781351332583 9781138572300 9781351332576 9781351332569 9780203702130 9780367591717 Routledge 208 Oxford [...] University of Twente Universiteit Twente 10.13039/501100001834 open access |
| spellingShingle | German Government European Systemic Risk Board Public Backstop EU Law Responsible Sovereignty EU Institution National Resolution Authorities Resolution Authorities EU Treaty EU Member State Single Supervisory Mechanism European Economic Governance Enforcement Pyramid Liberal Intergovernmentalism Single Resolution Mechanism ESM Treaty Basel Iii EU Bank National Resolution European Banking Authority Resolution Fund Basel Iii Rule AQR DGS European Semester thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPS International relations thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPP Public administration Donnelly, Shawn Power Politics, Banking Union and EMU |
| title | Power Politics, Banking Union and EMU |
| title_full | Power Politics, Banking Union and EMU |
| title_fullStr | Power Politics, Banking Union and EMU |
| title_full_unstemmed | Power Politics, Banking Union and EMU |
| title_short | Power Politics, Banking Union and EMU |
| title_sort | power politics banking union and emu |
| topic | German Government European Systemic Risk Board Public Backstop EU Law Responsible Sovereignty EU Institution National Resolution Authorities Resolution Authorities EU Treaty EU Member State Single Supervisory Mechanism European Economic Governance Enforcement Pyramid Liberal Intergovernmentalism Single Resolution Mechanism ESM Treaty Basel Iii EU Bank National Resolution European Banking Authority Resolution Fund Basel Iii Rule AQR DGS European Semester thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPS International relations thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPP Public administration |
| topic_facet | German Government European Systemic Risk Board Public Backstop EU Law Responsible Sovereignty EU Institution National Resolution Authorities Resolution Authorities EU Treaty EU Member State Single Supervisory Mechanism European Economic Governance Enforcement Pyramid Liberal Intergovernmentalism Single Resolution Mechanism ESM Treaty Basel Iii EU Bank National Resolution European Banking Authority Resolution Fund Basel Iii Rule AQR DGS European Semester thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPS International relations thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPP Public administration |
| url | ONIX_20250530T135512_9781351332583_4 |
| work_keys_str_mv | AT donnellyshawn powerpoliticsbankingunionandemu |