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The Political Economy of European Banking Union - Oxford Scholarship Online
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The Political Economy of European Banking Union

David Howarth and Lucia Quaglia


The establishment of Banking Union represents a major development in European economic governance and European integration history more generally. Banking Union is also significant because not all European Union (EU) member states have joined it, which has increased the trend towards differentiated integration in the EU, posing a major challenge to the EU as a whole and to the opt-out countries. This book is informed by two main empirical questions. Why was Banking Union—presented by proponents as a crucial move to ‘complete’ Economic and Monetary Union (EMU)—proposed only in 2012, over twenty ... More

Keywords: Banking Union, European Union, Economic and Monetary Union, euro area, economic governance, banking, regulation, supervision, resolution, banking systems

Bibliographic Information

Print publication date: 2016 Print ISBN-13: 9780198727927
Published to Oxford Scholarship Online: October 2016 DOI:10.1093/acprof:oso/9780198727927.001.0001


Affiliations are at time of print publication.

David Howarth, author
Professor, University of Luxembourg

Lucia Quaglia, author
Professor, University of York