1st Edition
The Choice for Banking Union Power, Politics and the Trap of Credible Commitments
By Elena Ríos Camacho
Copyright 2022
244 Pages
7 B/W Illustrations
by
Routledge
244 Pages
7 B/W Illustrations
by
Routledge
244 Pages
7 B/W Illustrations
by
Routledge
Also available as eBook on:
This book explains why the European Union (EU) Member States – in response to the euro crisis – agreed to establish banking union, despite previous objections, and why they chose its hybrid institutional design.
Analysing its establishment from 2012 to 2020, the book offers a comprehensive view of the preferences of the Member States and EU institutions, as well as of the negotiation dynamics... Read more
1. Introduction
2. European Banking Union as a grand bargain
3. The Single Supervisory Mechanism: The "supranationalized" pillar
4. The Single Resolution Mechanism and the common backstop: The "hybrid" pillar
5. The European Deposit Insurance Scheme: The "decentralized" pillar
6. Conclusion
Biography
Elena Ríos Camacho is Research Associate and Lecturer at the TUM School of Social Sciences and Technology of the Technical University of Munich (TUM), Germany.
