Tag Archives: financial services

Realpolitik and the European Union. Chapter 4. The Atlantic alliance, the UK and the EU.

The Euro is a neo liberal engine. One of the happy assumptions made by the advocates of the Euro holds that, if all member states hang on in there long enough, all will converge on a European norm, due to … Continue reading

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The Politics and Markets of U.K. Financial Services, from The Political Economy of Financial Integration in Europe: The Battle of the Systems, ith Ingo Walter, MIT Press, 1997.

In the present debate about what happened in the 1980s, there is a widespread view that the Conservative government of the time “de-regulated”. As  argued below, the story is much more complex. One thing that can definitely not be maintained with … Continue reading

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The Politics and Markets of French Financial Services, from The Political Economy of Financial Integration in Europe, by Jonathan Story and Ingo Walter, MIT, 1997.

The present situation in the forthcoming campaign in May 2012 for the French presidency in May  has been described as a replay of President Mitterrand’s grand tournant of 1983. The Socialist Party candidate, François Hollande, is playing the role of Mitterrand’s Minister … Continue reading

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The Politics and Markets of German Financial Services, chapter from The Political Economy of Financial Integration in Europe, by Jonathan Story and Ingo Walter, MIT Press, 1997.

The main theme of this chapter is that as the German financial system adapted to changing circumstances after 1945, it did so in a “path dependent” way. The complex negotiations conducted within the German federal polity yielded a “national solution” … Continue reading

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The Political Economy of Financial Integration in Europe: The Battle of the Systems,by Jonathan Story and Ingo Walter, MIT Press, 1997.

Europa and Zeus Here are large extracts from the book I wrote with Ingo Walter on the origins of European monetary union and financial integration. The cover of the book is from a statue of Europa and Zeus, made by … Continue reading

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