The politicisation of macroprudential regulation: The critical Swedish case
研究了瑞典在信贷繁荣期引入宏观审慎监管的政治过程,发现技术官僚面临重新监管金融化积累的政治约束,预示欧洲可能面临行政危机。
This article explores the prospects of stabilising financialisation in Europe as a spatial-temporal fix for Anglo-American capitalism’s crisis-tendencies. We analyse the politics of (countercyclical) macroprudential regulation in the critical case study of Sweden. Here, macroprudential regulation is introduced, in contrast with much of the rest of the EU economies, in a credit boom. We find evidence of an administrative crisis, as technocrats face the political constraints on re-regulating financialised accumulation. This suggests that the conditions are ripe for a deepened administrative crisis in Europe once countercyclical macroprudential regulation is implemented.