Friday 14 October 2016

Diverging Capitalisms? Britain, the City of London and Europe

On 28th October Prof Lucia Quaglia will speak at the workshop  'Diverging Capitalisms, Part 2: Brexit and the new EU economic governance' at the Policy Network, London. This workshop is the second of a series of four events organised as part of the project Diverging Capitalisms? Britain, the City of London and Europe’, which is a joint venture between FEPS (Foundation for European Progressive Studies, Brussels), Policy Network, and SPERI (Sheffield Political Economy Research Institute, University of Sheffield). For more information see http://speri.dept.shef.ac.uk/events/diverging-capitalisms-part-2/.

Lucia's paper on 'European Union Financial Regulation, Banking Union, Capital Markets Union and the United Kingdom'  will examine post-crisis reforms in these policy areas by focusing on the preferences and influence of the United Kingdom (UK) in the policy process. It is argued that the UK has played a variety of roles – ‘foot-dragger’, ‘fence-sitter’ and ‘pace-setter’ - in the policies under discussion. The (at times considerable) British influence was geared towards the attainment of preferences that were shaped by domestic politics and political economy, first and foremost the interests of the financial services industry and the City of London.