Widen the Market, Narrow the Competition: Banker Interests and the Making of a European Capital Market

Awards:   Winner of Jean Blondel PhD Prize 2009
Author:   Daniel Mugge
Publisher:   ECPR Press
ISBN:  

9781907301087


Pages:   190
Publication Date:   01 September 2010
Format:   Paperback
Availability:   Awaiting stock   Availability explained
The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you.

Our Price $105.60 Quantity:  
Add to Cart

Share |

Widen the Market, Narrow the Competition: Banker Interests and the Making of a European Capital Market


Add your own review!

Awards

  • Winner of Jean Blondel PhD Prize 2009

Overview

Full Product Details

Author:   Daniel Mugge
Publisher:   ECPR Press
Imprint:   ECPR Press
Dimensions:   Width: 15.60cm , Height: 1.00cm , Length: 23.40cm
Weight:   0.145kg
ISBN:  

9781907301087


ISBN 10:   1907301089
Pages:   190
Publication Date:   01 September 2010
Audience:   College/higher education ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   Awaiting stock   Availability explained
The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you.

Table of Contents

contents List of Figures and Tables viii Chapter One: Introduction Established Approaches and their Limits The Argument: Banker Interests in EU Capital Markets Chapter Two: Competition Politics and Supranational Integration European Integration Financial Market Liberalisation and Regulation Private and Public Actors in Regulatory Policy The Competition Politics Approach The Core Features of the Approach Chapter Three: The Domestic Roots of Regulatory Reform European Capital Markets at the End of the 1980s Regulatory Reform in German Managed Capitalism Regulatory Reform in French State-led Capitalism Regulatory Reform in British Market Capitalism European State-market Condominiums in Comparison Chapter Four: Negotiating the Single Market Financial Services in the Single Market Project Negotiating a European Market in Investment Services Competitive Fault Lines and Intergovernmental Politics Chapter Five: The 1990s' Capital Market Revolution in Europe Measuring Change in EU Investment Banking Markets Market Concentration as a Source of Economic and Political Power The Rise of Capital Markets and Investment Banking in Europe Explaining Internationalisation European Bourses: From Members-only Clubs to Profi t-Seeking Firms Chapter Six: The Re-launch of Financial Market Integration Shifting Industry Preferences in the 1990s The Emergence of EU-level Lobbying EU Action and Industry-Commission Contacts Ahead of the FSAP The FSAP, the ISD and the Forum Groups Chapter Seven: The Emergence of Supranational Governance Supranational Cooperation before Lamfalussy viii widen the market, narrow the competition Launching Institutional Change Negotiating Lamfalussy Supranational Governance in Practice Industry Interests and Institutional Reform Chapter Eight: Renegotiating the ISD in the Supranational Constellation European Lobbying Transformed Lamfalussy in Action: Renegotiating the ISD Clearing and Settlement: the Persistence of National Competition Politics The supranational constellation in EU capital market governance Chapter Nine: Conclusion Banker Interests in EU Capital Market Integration EU Capital Market Governance and The Crisis Governing Finance in the Interest of All? Appendices Overview of the International Expansion of European Banks References List of Interviews Index

Reviews

The strengthening of European supranantional governance was designed to foster integrated financial markets, but Daniel Mugge's impressive analysis shows how it also generated financial transformations that contributed to the recent financial crisis. This very readable and theoretically rich book should act as a cautionary tale to those inclined to leave regulatory policy in the hands of powerful bankers. Professor Eric Helleiner, Chair in International Governance, Center for International Governance Innovation, University of Waterloo Daniel Mugge's book investigates the supranationalization of capital market governance in Europe and the interests behind it. Drawing upon British, French and German cases, Mugge explains brilliantly how financial reform in Europe shifted from national divergence to transnational lobbying. Theoretically innovative and thoroughly researched, this is an important book for all scholars of the international political economy and European governance. Professor Leonard Seabrooke, Director of the Centre for the Study of Globalisation and Regionalisation, University of Warwick As capital markets eluded national governments, so the EU sensibly developed more supranational forms of financial governance. What sort of bargain was struck, whose interests prevailed? Did outcomes enhance the quality of financial governance or contribute to the lengthening shadow of crisis? A compelling read, Mugge's analysis fashions our understanding of the tragic options we now face. Professor Geoffrey Underhill, Chair of International Governance, University of Amsterdam


Author Information

Since August 2008, Daniel Mugge has been assistant professor in International Relations and International Political Economy at the University of Amsterdam.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions
Latest Reading Guide

MRG2025CC

 

Shopping Cart
Your cart is empty
Shopping cart
Mailing List