Explaining informal policy-making patterns in the Eurozone crisis: decentralized bargaining and the theory of EU institutions

Mostra el registre complet Registre parcial de l'ítem

• dc.contributor.author Schoeller, Magnus
• dc.contributor.author Guidi, Mattia
• dc.contributor.author Karagiannis, Yannis
• dc.date.accessioned 2020-04-22T11:15:40Z
• dc.date.available 2020-04-22T11:15:40Z
• dc.date.issued 2017
• dc.description.abstract During the Eurozone crisis, the so-called ‘Merkozy duumvirate’ emerged as an informal, but highly visible EU policy-making pattern. This article asks why such forms of decentralized bargaining emerge and what this implies for the theory of EU institutions. According to an approach based on negotiation theory, the article argues that Merkozy is a strategic tool used by Germany to realize its preferences on EU crisis management. Based on an incomplete contracts theory of EU institutions, instead, the article analyses Merkozy as an informal institution created by France and Germany to avoid being discriminated by supranational institutions. Both approaches are employed to assess Merkozy’s role in the decision-making process leading to the adoption of the Fiscal Compact.
• dc.format.mimetype application/pdf
• dc.identifier.citation Schoeller M, Guidi M, Karagiannis Y. Explaining informal policy-making patterns in the Eurozone crisis: decentralized bargaining and the theory of EU institutions. International Journal of Public Administration. 2017;40(14):1211-22. DOI: 10.1080/01900692.2017.1295266
• dc.identifier.doi http://dx.doi.org/10.1080/01900692.2017.1295266
• dc.identifier.issn 0190-0692
• dc.identifier.uri http://hdl.handle.net/10230/44312
• dc.language.iso eng
• dc.publisher Taylor & Francis
• dc.relation.ispartof International Journal of Public Administration. 2017;40(14):1211-22
• dc.rights This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way.
• dc.rights.accessRights info:eu-repo/semantics/openAccess
• dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/4.0/
• dc.subject.keyword EU decision-making
• dc.subject.keyword Institutional change
• dc.subject.keyword Merkozy
• dc.subject.keyword Negotiation theory
• dc.title Explaining informal policy-making patterns in the Eurozone crisis: decentralized bargaining and the theory of EU institutions
• dc.type info:eu-repo/semantics/article
• dc.type.version info:eu-repo/semantics/publishedVersion