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Explaining governmental preferences on Economic and MonetaryUnion Reform
Stockholm University, Faculty of Social Sciences, Department of Economic History and International Relations. (International Relations)ORCID iD: 0000-0002-1298-8525
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2018 (English)In: European Union Politics, ISSN 1465-1165, E-ISSN 1741-2757Article in journal (Refereed) Published
Abstract [en]

This article examines the extent to which economic or political factors shaped gov- ernment preferences in the reform of the Economic Monetary Union. A multilevel analysis of European Union member governments’ preferences on 40 EMU reform issues negotiated between 2010 and 2015 suggests that countries’ financial sector exposure has significant explanatory power. Seeking to minimize the risk of costly bailouts, countries with highly exposed financial sectors were more likely to support solutions involving high degrees of European integration. In contrast, political factors had no systematic impact. These findings help to enhance our understanding of preference formation in the European Union and the viability of future EMU reform.

Place, publisher, year, edition, pages
2018.
National Category
Globalisation Studies
Identifiers
URN: urn:nbn:se:su:diva-164060OAI: oai:DiVA.org:su-164060DiVA, id: diva2:1277990
Funder
EU, Horizon 2020Available from: 2019-01-11 Created: 2019-01-11 Last updated: 2019-01-11Bibliographically approved

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Dellmuth, Lisa Maria
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  • apa
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  • de-DE
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Output format
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