Scrutiny or Complacency? Banking Union in the Bundestag and the Assemblée Nationale
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | https://doi.org/10.17645/pag.v9i2.3919 |
Resumo: | The financial and eurozone crises highlighted the inadequacy of the original governance structures of the eurozone. In response, a range of reforms were launched, including the creation of a European banking union. In practice, some elements of the banking union were delayed by division among member states and the breakdown of the Franco-German motor, such as the question of the operationalization of the single resolution mechanism and fund or the deposit insurance scheme. In addition, eurozone governance—which would once have been regarded as a technocratic issue—became increasingly politicized. The aim of this article is to study the extent to which the banking union was scrutinized by parliament and to what degree this reflects material interests and ideas. For this purpose, it focuses on salience (i.e., how much attention the issue received) and polarization (i.e., the divergence of positions). The analysis of the resolutions and debates of the German Bundestag and French Assemblée Nationale, i.e., the parliaments of two key states in EU decision-making on banking union, finds that the German government was indeed closely scrutinized, whereas the French government was relatively unconstrained. |
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Scrutiny or Complacency? Banking Union in the Bundestag and the Assemblée Nationalebanking union; European deposit insurance scheme; France; Germany; parliament; single resolution fund; single resolution mechanism; single supervisory mechanismThe financial and eurozone crises highlighted the inadequacy of the original governance structures of the eurozone. In response, a range of reforms were launched, including the creation of a European banking union. In practice, some elements of the banking union were delayed by division among member states and the breakdown of the Franco-German motor, such as the question of the operationalization of the single resolution mechanism and fund or the deposit insurance scheme. In addition, eurozone governance—which would once have been regarded as a technocratic issue—became increasingly politicized. The aim of this article is to study the extent to which the banking union was scrutinized by parliament and to what degree this reflects material interests and ideas. For this purpose, it focuses on salience (i.e., how much attention the issue received) and polarization (i.e., the divergence of positions). The analysis of the resolutions and debates of the German Bundestag and French Assemblée Nationale, i.e., the parliaments of two key states in EU decision-making on banking union, finds that the German government was indeed closely scrutinized, whereas the French government was relatively unconstrained.Cogitatio2021-05-27info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://doi.org/10.17645/pag.v9i2.3919oai:ojs.cogitatiopress.com:article/3919Politics and Governance; Vol 9, No 2 (2021): Reforming the Institutions of Eurozone Governance; 219-2292183-2463reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAPenghttps://www.cogitatiopress.com/politicsandgovernance/article/view/3919https://doi.org/10.17645/pag.v9i2.3919https://www.cogitatiopress.com/politicsandgovernance/article/view/3919/3919Copyright (c) 2021 Anna-Lena Högenauerhttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessHögenauer, Anna-Lena2022-12-22T15:16:45Zoai:ojs.cogitatiopress.com:article/3919Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:22:26.058004Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Scrutiny or Complacency? Banking Union in the Bundestag and the Assemblée Nationale |
title |
Scrutiny or Complacency? Banking Union in the Bundestag and the Assemblée Nationale |
spellingShingle |
Scrutiny or Complacency? Banking Union in the Bundestag and the Assemblée Nationale Högenauer, Anna-Lena banking union; European deposit insurance scheme; France; Germany; parliament; single resolution fund; single resolution mechanism; single supervisory mechanism |
title_short |
Scrutiny or Complacency? Banking Union in the Bundestag and the Assemblée Nationale |
title_full |
Scrutiny or Complacency? Banking Union in the Bundestag and the Assemblée Nationale |
title_fullStr |
Scrutiny or Complacency? Banking Union in the Bundestag and the Assemblée Nationale |
title_full_unstemmed |
Scrutiny or Complacency? Banking Union in the Bundestag and the Assemblée Nationale |
title_sort |
Scrutiny or Complacency? Banking Union in the Bundestag and the Assemblée Nationale |
author |
Högenauer, Anna-Lena |
author_facet |
Högenauer, Anna-Lena |
author_role |
author |
dc.contributor.author.fl_str_mv |
Högenauer, Anna-Lena |
dc.subject.por.fl_str_mv |
banking union; European deposit insurance scheme; France; Germany; parliament; single resolution fund; single resolution mechanism; single supervisory mechanism |
topic |
banking union; European deposit insurance scheme; France; Germany; parliament; single resolution fund; single resolution mechanism; single supervisory mechanism |
description |
The financial and eurozone crises highlighted the inadequacy of the original governance structures of the eurozone. In response, a range of reforms were launched, including the creation of a European banking union. In practice, some elements of the banking union were delayed by division among member states and the breakdown of the Franco-German motor, such as the question of the operationalization of the single resolution mechanism and fund or the deposit insurance scheme. In addition, eurozone governance—which would once have been regarded as a technocratic issue—became increasingly politicized. The aim of this article is to study the extent to which the banking union was scrutinized by parliament and to what degree this reflects material interests and ideas. For this purpose, it focuses on salience (i.e., how much attention the issue received) and polarization (i.e., the divergence of positions). The analysis of the resolutions and debates of the German Bundestag and French Assemblée Nationale, i.e., the parliaments of two key states in EU decision-making on banking union, finds that the German government was indeed closely scrutinized, whereas the French government was relatively unconstrained. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-05-27 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://doi.org/10.17645/pag.v9i2.3919 oai:ojs.cogitatiopress.com:article/3919 |
url |
https://doi.org/10.17645/pag.v9i2.3919 |
identifier_str_mv |
oai:ojs.cogitatiopress.com:article/3919 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://www.cogitatiopress.com/politicsandgovernance/article/view/3919 https://doi.org/10.17645/pag.v9i2.3919 https://www.cogitatiopress.com/politicsandgovernance/article/view/3919/3919 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2021 Anna-Lena Högenauer http://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2021 Anna-Lena Högenauer http://creativecommons.org/licenses/by/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Cogitatio |
publisher.none.fl_str_mv |
Cogitatio |
dc.source.none.fl_str_mv |
Politics and Governance; Vol 9, No 2 (2021): Reforming the Institutions of Eurozone Governance; 219-229 2183-2463 reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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