What is the optimal scope of regulatory harmonization in European financial sector governance? I argue that the levels of foreign ownership and domestic bank internationalization are important determinants of the extent to which governments are prepared to endorse European solutions in banking...

In the literature on European monetary integration Germany and Italy are mostly strongly contrasted. However, this paper argues that there were important similarities between the policy paradigms in these two countries, in particular if a broader historical perspective is adopted. This work...

The European Union and Global Financial Regulation examines the influence of the European Union (EU) in regulating global finance, addressing several inter-related questions. Why does the EU 'upload' international financial regulation in some cases, 'download' it in other cases, and 'cross-load'...

This research asks why the European Union (EU) 'uploads' financial regulation to international regulatory fora in some (few) cases, 'downloads' it in (many) other cases or neither. It uses the concept of 'regulatory capacity' with reference to the EU and the USA. It argues that the presence (or...

his paper analyses the roles which Belgium and Italy have played in the process ofEuropean monetary integration. It focusses on Belgian and Italian attitudes towards European integration and EMU, exchange rate policies, key concepts of the EMU strategies and concrete contributions. Overall,...

his paper analyses the roles which Belgium and Italy have played in the process ofEuropean monetary integration. It focusses on Belgian and Italian attitudes towards European integration and EMU, exchange rate policies, key concepts of the EMU strategies and concrete contributions. Overall,...

This article analyses the response of the European Union (EU) to the financial crisis in 2008 under the headings of liquidity, recapitalization and ownership of banks, macroeconomic policies and regulatory policy. It is argued that although at the onset of the crisis governments tended to focus...