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A European banking union will only exacerbate the Eurozone crisis by further reducing democratic accountability

Everson, Michelle (2012) A European banking union will only exacerbate the Eurozone crisis by further reducing democratic accountability. LSE European Politics and Policy (EUROPP) Blog (26 Jul 2012). Blog Entry.

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Abstract

The creation of a European banking union has been put forward as part of the solution to the Eurozone crisis. Michelle Everson argues that a banking union is not a viable solution because it represents a further weakening of democratic structures and a reduction in political accountability. The real crisis, she concludes, is the trend toward increasingly technocratic forms of governance in Europe.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2012 The Author
Subjects: H Social Sciences > HC Economic History and Conditions
J Political Science > JN Political institutions (Europe)
JEL classification: F - International Economics > F3 - International Finance > F30 - General
G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
Sets: Collections > Economists Online
Collections > LSE European Politics and Policy (EUROPP) Blog
Date Deposited: 19 Sep 2012 13:21
Last Modified: 11 Jan 2013 09:46
URI: http://eprints.lse.ac.uk/id/eprint/46145

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