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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Great Expectations, Slow Transformations: Incremental Change in Post-Crisis Regulation

Great Expectations, Slow Transformations: Incremental Change in Post-Crisis Regulation

Moschella, Manuela
Tsingou, Eleni

Hardcover

Series: Ecpr Studies in European Political Science

General Political Science

ISBN10: 1907301542
ISBN13: 9781907301544
Publisher: ECPR Press
Published: Jul 1 2013
Pages: 240
Weight: 1.14
Height: 0.56 Width: 6.14 Depth: 9.21
Language: English
In the aftermath of the financial crisis, why have reforms been incremental, despite the fact that conditions for rapid transformation appeared to be available? Is there anything specific about financial policy that prevents more radical reforms? Drawing from comparative politics and historical institutionalism in particular, as well as international political economy, this book answers these questions by examining the particular institutional frictions which characterise global financial governance, and which influence the activity of change agents and veto players involved in global regulatory change. Chapters demonstrate that the process of change in financial rule-making, as well as in the institutions governing finance, do not fit with the punctuated model of policy change. They also show, however, that incremental changes can lead to fundamental shifts in the basic principles that inform global financial governance.

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