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The Influence of the Financial Industry in the European Policy Process
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The Influence of the Financial Industry in the European Policy Process - Pasta blanda

2012, ISBN: 9783640773046

[ED: Taschenbuch], [PU: GRIN Verlag], Neuware - Studienarbeit aus dem Jahr 2010 im Fachbereich Politik - Internationale Politik - Thema: Europäische Union, Note: keine, -, Sprache: Deutsc… Más…

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The Influence of the Financial Industry in the European Policy Process - Pasta blanda

2010, ISBN: 9783640773046

Studienarbeit aus dem Jahr 2010 im Fachbereich Politik - Internationale Politik - Thema: Europäische Union, Note: keine, , Sprache: Deutsch, Abstract: At the end of 2005, the European Com… Más…

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The Influence of the Financial Industry in the European Policy Process - Primera edición

2010

ISBN: 9783640773046

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The Influence of the Financial Industry in the European Policy Process - Pasta blanda

2010, ISBN: 9783640773046

GRIN Verlag, Taschenbuch, Auflage: 4. 24 Seiten, Publiziert: 2010-12-12T00:00:01Z, Produktgruppe: Buch, Hersteller-Nr.: 9783640773046, 0.09 kg, Recht, Kategorien, Bücher, Politikwissensch… Más…

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The Influence of the Financial Industry in the European Policy Process - libro nuevo

2010, ISBN: 3640773047

4. Auflage Kartoniert / Broschiert FinancialIndustry; EuropeanPolicyProcess; EU; Finanzindustrie; businessinfluence; Lobby; expertgroups; Expertengruppen, mit Schutzumschlag 11, [PU:GRI… Más…

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Detalles del libro
The Influence of the Financial Industry in the European Policy Process

Studienarbeit aus dem Jahr 2010 im Fachbereich Politik - Int. Politik - Thema: Europäische Union, Note: keine, -, Sprache: Deutsch, Abstract: At the end of 2005, the European Commission released a white paper on financial service policy (EC 2005: 3). It was called "the best financial framework in the world" (EU Press 2005 found in Stichele 2008: 13). After the Lehman Brothers bankruptcy in September 2008 and the accompanied full break out of the financial crisis, the question on, how such a crisis could occur with the regulation in place, was raised for good reason. Independent experts have warned that the actual lax regulation would lead to a crisis, but according to Haar et al. the Commission preferred to listen to the one-sided advice from the financial industry (2009b: 3). After the full extent of the crisis and the failures in regulation policy became obvious, one might have expected that new financial regulation would be set up fast. On the G-20 meeting in London in April 2009, Gordon Brown and others proclaimed a counter strike against the financial and economic crisis by. But according to observers, after these confessions, not much has happened in practice due to financial lobby resistance (Zeit 2009). Still in April 2010, the German newspaper Zeit pointed out that the financial industry's power has prevented new financial regulation.Although financial lobby influence is certainly not the only reason, why regulatory reform is not getting further, it has a strong influence in the policy process and overshadows other interests. In Europe, it is especially effective: The European market has been continuously liberalized, but supervision did not keep up with this trend. Financial regulation must satisfy the international level but should also be flexible enough to grasp national differences. Moreover countries are played off against each other. When a single country decides to regulate more strictly, companies can always threaten to leave the country (Stichele 2008: 40, 48). All these considerations give good reason to analyze how the financial industry seeks influence in the European policy process. This paper aims to introduce the different institutional channels where influence can be exercised.

Detalles del libro - The Influence of the Financial Industry in the European Policy Process


EAN (ISBN-13): 9783640773046
ISBN (ISBN-10): 3640773047
Tapa blanda
Año de publicación: 2010
Editorial: GRIN Verlag

Libro en la base de datos desde 2012-06-28T19:49:10+02:00 (Madrid)
Página de detalles modificada por última vez el 2023-08-04T12:19:27+02:00 (Madrid)
ISBN/EAN: 9783640773046

ISBN - escritura alterna:
3-640-77304-7, 978-3-640-77304-6
Mode alterno de escritura y términos de búsqueda relacionados:
Autor del libro: white


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