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Agencies in European Banking: Establishing the Theoretical Framework

Marta Božina Beroš
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Marta Božina Beroš: Juraj Dobrila University of Pula

Chapter Chapter 2 in Agencies in European Banking, 2018, pp 15-43 from Palgrave Macmillan

Abstract: Abstract This chapter details the progress of agencification within the European financial and banking sector. It explains how agencies have come to replace pre-existent regulatory entities (networks and committees) within a policy field otherwise resilient to centralization and further delegation of powers to the EU level. It then proceeds to explore the multi-level character of agency governance, through the lens of political economy and bureaucratic politics. By employing a “bottom up” approach the chapter attempts to explain the background to National Competent Authorities’ diverging policy preferences, as well as various modes of coordination.

Keywords: Agencification; Multi-level governance; Preferences; Coordination; National actors (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-319-78689-6_2

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DOI: 10.1007/978-3-319-78689-6_2

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