Burns, C. orcid.org/0000-0001-9944-0417, Clifton, J. and Quaglia, L. (2018) Explaining policy change in the EU: financial reform after the crisis. Journal of European Public Policy, 25 (5). pp. 728-746. ISSN 1350-1763
Abstract
The European Union (EU) has been hit by financial and economic crises since 2008. To shed light upon the impact of these crises, this article reviews punctuated equilibrium theory (PET) to develop expectations that are tested against two cases of financial regulation and privatization policy. In one, despite the demand for a new model from EU leaders, limited change occurred; in the other, despite legal limitations, significant change emerged. Analysis of the cases reveals a new form of policy venue, and the suggestion that the EU PET literature must consider more systematically and explicitly the role of veto players in shaping policy change.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2017 Informa UK Limited, trading as Taylor & Francis Group. |
Keywords: | Financial regulation; privatization; punctuated equilibrium theory |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 12 Oct 2017 09:04 |
Last Modified: | 13 Jul 2023 15:30 |
Status: | Published |
Publisher: | Taylor & Francis |
Refereed: | Yes |
Identification Number: | 10.1080/13501763.2017.1301535 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:122361 |