Explaining governmental preferences on Economic and Monetary Union Reform
JournalArticle (Originalarbeit in einer wissenschaftlichen Zeitschrift)
ID 4495259
Author(s) Târlea, Silvana; Bailer, Stefanie; Degner, Hanno; Dellmuth, Lisa M.; Leuffen, Dirk; Lundgren, Magnus; Tallberg, Jonas; Wasserfallen, Fabio
Author(s) at UniBasel Bailer, Stefanie
Târlea, Silvana
Year 2019
Title Explaining governmental preferences on Economic and Monetary Union Reform
Journal European Union Politics
Volume 20
Number 1
Pages / Article-Number 24-44
Keywords Economic Monetary Union, European integration, financial crisis, preference formation, public opinion
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.
Publisher SAGE Journals
ISSN/ISBN 1465-1165
URL https://journals.sagepub.com/doi/full/10.1177/1465116518814336
edoc-URL https://edoc.unibas.ch/68536/
Full Text on edoc Available
Digital Object Identifier DOI 10.1177/1465116518814336
ISI-Number WOS:000460280500002
Document type (ISI) Article

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