Explaining governmental preferences on Economic and Monetary Union Reform

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Date
2019
Authors
Târlea, Silvana
Bailer, Stefanie
Dellmuth, Lisa M.
Lundgren, Magnus
Tallberg, Jonas
Wasserfallen, Fabio
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649532
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EMU-SCEUS - The Choice for Europe since Maastricht. Member States´ Preferences for Economic and Financial Integration
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European Union Politics ; 20 (2019), 1. - pp. 24-44. - ISSN 1465-1165. - eISSN 1741-2757
Abstract
This article examines the extent to which economic or political factors shaped government preferences in the reform of the Economic Monetary Union. A multilevel analysis of European Union member governments’ preferences on 40 EMU reform issues negotiated between 2010 and 2015 suggests that countries’ financial sector exposure has significant explanatory power. Seeking to minimize the risk of costly bailouts, countries with highly exposed financial sectors were more likely to support solutions involving high degrees of European integration. In contrast, political factors had no systematic impact. These findings help to enhance our understanding of preference formation in the European Union and the viability of future EMU reform.
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320 Politics
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Economic Monetary Union, European integration, financial crisis, preference formation, public opinion
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Cite This
ISO 690TÂRLEA, Silvana, Stefanie BAILER, Hanno DEGNER, Lisa M. DELLMUTH, Dirk LEUFFEN, Magnus LUNDGREN, Jonas TALLBERG, Fabio WASSERFALLEN, 2019. Explaining governmental preferences on Economic and Monetary Union Reform. In: European Union Politics. 20(1), pp. 24-44. ISSN 1465-1165. eISSN 1741-2757. Available under: doi: 10.1177/1465116518814336
BibTex
@article{Tarlea2019-03Expla-44553,
  year={2019},
  doi={10.1177/1465116518814336},
  title={Explaining governmental preferences on Economic and Monetary Union Reform},
  number={1},
  volume={20},
  issn={1465-1165},
  journal={European Union Politics},
  pages={24--44},
  author={Târlea, Silvana and Bailer, Stefanie and Degner, Hanno and Dellmuth, Lisa M. and Leuffen, Dirk and Lundgren, Magnus and Tallberg, Jonas and Wasserfallen, Fabio}
}
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