Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking

Detalhes bibliográficos
Autor(a) principal: Quaglia, Lucia
Data de Publicação: 2023
Outros Autores: Spendzharova, Aneta
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.v11i2.6272
Resumo: This article shows that the EU has exerted uneven influence within the global regime complex in shadow banking. Why? We seek to explain the variation in the EU’s ability to exert influence across different elemental regimes—those on hedge funds and securitization—in the broader regime complex over time. In hedge funds regulation, the EU has pursued more stringent international rules, to no avail. In securitization, the EU has been more successful in promoting more lenient regulation at the international level. We focus on the EU’s internal cohesiveness (which can change over time) as the key explanatory variable.
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spelling Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow BankingBank of England; EU cohesiveness; European Central Bank; finance; hedge funds; international regime complexity; securitization; shadow bankingThis article shows that the EU has exerted uneven influence within the global regime complex in shadow banking. Why? We seek to explain the variation in the EU’s ability to exert influence across different elemental regimes—those on hedge funds and securitization—in the broader regime complex over time. In hedge funds regulation, the EU has pursued more stringent international rules, to no avail. In securitization, the EU has been more successful in promoting more lenient regulation at the international level. We focus on the EU’s internal cohesiveness (which can change over time) as the key explanatory variable.Cogitatio Press2023-04-26info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://doi.org/10.17645/pag.v11i2.6272https://doi.org/10.17645/pag.v11i2.6272Politics and Governance; Vol 11, No 2 (2023): The European Union and International Regime Complexes; 6-162183-2463reponame: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/6272https://www.cogitatiopress.com/politicsandgovernance/article/view/6272/6272Copyright (c) 2023 Lucia Quaglia, Aneta Spendzharovainfo:eu-repo/semantics/openAccessQuaglia, LuciaSpendzharova, Aneta2023-06-29T15:15:17Zoai:ojs.cogitatiopress.com:article/6272Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:50:18.339956Repositório 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 Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking
title Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking
spellingShingle Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking
Quaglia, Lucia
Bank of England; EU cohesiveness; European Central Bank; finance; hedge funds; international regime complexity; securitization; shadow banking
title_short Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking
title_full Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking
title_fullStr Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking
title_full_unstemmed Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking
title_sort Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking
author Quaglia, Lucia
author_facet Quaglia, Lucia
Spendzharova, Aneta
author_role author
author2 Spendzharova, Aneta
author2_role author
dc.contributor.author.fl_str_mv Quaglia, Lucia
Spendzharova, Aneta
dc.subject.por.fl_str_mv Bank of England; EU cohesiveness; European Central Bank; finance; hedge funds; international regime complexity; securitization; shadow banking
topic Bank of England; EU cohesiveness; European Central Bank; finance; hedge funds; international regime complexity; securitization; shadow banking
description This article shows that the EU has exerted uneven influence within the global regime complex in shadow banking. Why? We seek to explain the variation in the EU’s ability to exert influence across different elemental regimes—those on hedge funds and securitization—in the broader regime complex over time. In hedge funds regulation, the EU has pursued more stringent international rules, to no avail. In securitization, the EU has been more successful in promoting more lenient regulation at the international level. We focus on the EU’s internal cohesiveness (which can change over time) as the key explanatory variable.
publishDate 2023
dc.date.none.fl_str_mv 2023-04-26
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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status_str publishedVersion
dc.identifier.uri.fl_str_mv https://doi.org/10.17645/pag.v11i2.6272
https://doi.org/10.17645/pag.v11i2.6272
url https://doi.org/10.17645/pag.v11i2.6272
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://www.cogitatiopress.com/politicsandgovernance/article/view/6272
https://www.cogitatiopress.com/politicsandgovernance/article/view/6272/6272
dc.rights.driver.fl_str_mv Copyright (c) 2023 Lucia Quaglia, Aneta Spendzharova
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2023 Lucia Quaglia, Aneta Spendzharova
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Cogitatio Press
publisher.none.fl_str_mv Cogitatio Press
dc.source.none.fl_str_mv Politics and Governance; Vol 11, No 2 (2023): The European Union and International Regime Complexes; 6-16
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
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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