XWe have detected your location as outside the U.S/Canada, if you think this is wrong, you can choose your location.

Palgrave Macmillan

Regulating Banks in Central and Eastern Europe

Through Crisis and Boom

ISBN 9781137282743
Publication Date August 2014
Formats Hardcover Ebook (EPUB) Ebook (PDF) 
Publisher Palgrave Macmillan
Series European Administrative Governance

How do bank supervisors strike a balance between market self-regulation and pro-active regulatory intervention? This book investigates the choice of banking supervision approach in four European Union member states from Central and Eastern Europe – Bulgaria, Estonia, Hungary, and Slovenia – after their transition to democracy and market economy. Drawing on interviews with bank supervisors and decision-makers, the study examines why the four states show different calibrations of the balance between market-based regulation and risk-averse counter-cyclical regulation across countries and over time. The book sheds lights on a core tension in the European Banking Union: should rules be homogenous across jurisdiction to ensure a level playing field, or should national regulators have room to impose stricter or more lax regulations?

Aneta Spendzharova is Assistant Professor in Political Science at Maastricht University, the Netherlands. Her research interests are in the areas of comparative political economy, banking supervision, and European Union politics. Her research has appeared in journals such as Journal of International Political Economy and Journal of Common Market Studies.

1. Introduction
2. The Quest for Financial Stability: Determinants of Regulatory Approach in Banking Supervision
3. Economic Reform Path and Bank Privatization
4. Institutional Design of Banking Supervision in Central and Eastern Europe and Party Politics
5. Banking Supervision Approaches during Credit Booms
6. At the EU Negotiating Table: What Role for National Bank Supervisors after EU Accession?
7. Conclusion


Add a review

Related titles