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This book examines the institutional evolution of central banks from the 1970s to the crises of the past decade. In examining central banks' deviation from monetary orthodoxy, the book recasts central banks as political actors whose actions are bound to the political environment in which they operate."--

Combining the key theoretical and empirical approaches of political economy and EU scholarship, this textbook is key reading for studying the European political economy. Drawing on theoretical debates and recent policy case studies, a team of expert editors and contributors help students apply theories and methods to real life issues in European political economy. This textbook offers a clear analysis of some of the most pressing challenges ...

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Il volume esplora le radici politiche della crisi iniziata del 2007-2008 attraverso l'analisi della struttura istituzionale, dei processi decisionali e delle politiche che hanno caratterizzato la governance finanziaria negli ultimi decenni. La frammentazione istituzionale e la debolezza della sorveglianza internazionale, le asimmetrie dei processi decisionali, che favoriscono l'influenza dei paesi economicamente avanzati e garantiscono un acce...

In the aftermath of the financial crisis, why have reforms been incremental, despite the fact that conditions for rapid transformation appeared to be available? Is there anything specific about financial policy that prevents more radical reforms? Drawing from comparative politics and historical institutionalism in particular, as well as international political economy, this book answers these questions by examining the particular institutional...