Explaining policy change in the EU: financial reform after the crisis

Charlotte Jennie Burns; Judith Clifton; Lucia Quaglia

doi:10.1080/13501763.2017.1301535

Explaining policy change in the EU: financial reform after the crisis

Charlotte Jennie Burns, Judith Clifton, Lucia Quaglia

Research output: Contribution to journal › Article › peer-review

Abstract

The European Union (EU) has been hit by financial and economic crises since 2008. To shed light upon the impact of these crises this article reviews punctuated equilibrium theory (PET) to develop expectations that are tested against two cases of financial regulation and privatisation policy. In one, despite the demand for a new model from EU leaders, limited change occurred; in the other, despite legal limitations, significant change emerged. Analysis of the cases reveals a new form of policy venue, and the suggestion that the EU PET literature must consider more systematically and explicitly the role of veto players in shaping policy change.

Original language	English
Pages (from-to)	1-19
Number of pages	20
Journal	Journal of European Public Policy
Early online date	27 Mar 2017
DOIs	https://doi.org/10.1080/13501763.2017.1301535
Publication status	E-pub ahead of print - 27 Mar 2017

Bibliographical note

© 2017 Informa UK Limited, trading as Taylor & Francis Group. This is an author-produced version of the published paper. Uploaded in accordance with the publisher’s self-archiving policy. Further copying may not be permitted; contact the publisher for details.

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10.1080/13501763.2017.1301535

ExplainingPolicyChangeRevisedFinalBurnsetal2017JEPP
© 2017 Informa UK Limited, trading as Taylor & Francis Group. This is an author-produced version of the published paper. Uploaded in accordance with the publisher’s self-archiving policy. Further copying may not be permitted; contact the publisher for details.
Accepted author manuscript, 567 KB

Cite this

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