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Tangled Governance – International Regime Complexity, the Troika, and the Euro Crisis - Oxford Scholarship Online
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Tangled Governance: International Regime Complexity, the Troika, and the Euro Crisis

C. Randall Henning


This book addresses the institutions that were deployed to fight the euro crisis, re-establish financial stability, and prevent contagion beyond Europe. It addresses why European leaders chose to include the International Monetary Fund and provides a detailed account of the decisions of the institutions that make up the “troika” (the European Commission, European Central Bank, and IMF). The study explains the institutions’ negotiating strategies, the outcomes of their interaction, and the effectiveness of their cooperation. It also explores the strategies of the member states, including German ... More

Keywords: euro crisis, troika, regime complexity, international institutions, regional institutions, state mediation, European Commission, European Central Bank, International Monetary Fund, monetary union

Bibliographic Information

Print publication date: 2017 Print ISBN-13: 9780198801801
Published to Oxford Scholarship Online: May 2017 DOI:10.1093/oso/9780198801801.001.0001


Affiliations are at time of print publication.

C. Randall Henning, author
Professor of International Economic Relations, School of International Service, American University, Washington D.C.