European Financial Governance: FTT Reform, Controversies and Governments’ Responsiveness
نویسندگان
چکیده
The Eurozone crisis exposed the incompleteness of Economic and Monetary Union’s governance framework thereby prompting promotion a multitude reform packages proposals. This simultaneously induced conflict among EU governments on both design content such reforms. In case financial transaction tax (FTT) proposal, which failed to garner consensus member governments, it illustrates Ireland’s disapproval clashing with favorable German French stances. While these aligned necessity reform, process harmonizing proved rather difficult. analyzing governments’ variation support or opposition, societal approach governmental preference formation is employed. considerably conducive in directing academic attention role two explanatory variables, domestic material interests value-based ideas, shaping positions. article encompasses comprehensive comparative account responsiveness three (France, Germany Ireland), study FTT, demonstrates that dynamics are prone have played controversies. By building contributing literature, this seems appropriate due crisis’ impact resulting increased public salience, issue politicization an advanced elected politicians.
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ژورنال
عنوان ژورنال: Politics and Governance
سال: 2021
ISSN: ['2183-2463']
DOI: https://doi.org/10.17645/pag.v9i2.3935