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New European Banking Governance and Crisis of Democracy: Bank Restructuring and Privatization in Slovenia
Editors
Title / Series / Name
New Political Economy
Publication Volume
25
Publication Issue
6
Pages
Authors
Editors
Keywords
URI
http://hdl.handle.net/20.500.14018/13960
Abstract
The paper makes three contributions to the understanding of the post-crisis European banking governance. First, it offers a more comprehensive approach to banking governance, beyond the Banking Union, through its concept of ‘New European Banking Governance’ (NEBG) that incorporates EU state aid rules and fiscal regulations. Second, it considers the impact of NEBG on democratic institutions and processes in EU member states, an under-researched topic in the literature on European banking governance. Finally, through its in-depth case study of Slovenia it considers the NEBG in relation to peripheral Eurozone states. It argues that the post-crisis banking governance framework of the EU not only severely constrained the Slovenian state in its policy choices but rearranged its policy-making institutions in a way that restricted and continues to restrict democratic banking policy formation.
Topic
Publisher
Place of Publication
Type
Journal article
Date
2020
Language
ISBN
Identifiers
10.1080/13563467.2019.1669548