Systemic explanations, divergent outcomes: The politics of financial liberalization in France and Spain

International Studies Quarterly

Volumn 42, Issue 4, 1998, Pages 755-784

  Pérez, Sofía A ^a  

^a NONE

Author keywords

Financial policy; France; Liberalization; Macroeconomics; Spain

Indexed keywords

FINANCIAL POLICY; LIBERALIZATION; MACROECONOMICS;

FRANCE; SPAIN;

EID: 17644428524     PISSN: 00208833     EISSN: None     Source Type: Journal    
DOI: 10.1111/0020-8833.00105     Document Type: Article

References (62)

1. ANDREWS, D. M. (1994) Capital Mobility and State Autonomy: Toward a Structural Theory of International Monetary Relations. International Studies Quarterly 38:193-218.
2. ARTUS, P., AND H. BOURGUINAT (1994) "The Stability of the EMS." In 30 Years of European Monetary Integration from the Werner Plan to EMU, edited by A. Steinherr, pp. 143-164. London: Longman.
3. BECK, N. (1988) "Politics and Monetary Policy." In Political Business Cycles. The Political Economy of Money, Inflation, and Unemployment, edited by T. D. Willett, pp. 366-395. Durham, NC: Duke University Press.
4. BERGER, S., AND R. DORE (1996) National Diversity and Global Capitalism. Ithaca, NY: Cornell University Press.
5. CALDER, K. E. (1993) Strategic Capitalism: Private Business and Public Purpose in Japanese Industrial Finance. Princeton, NJ: Princeton University Press.
6. CALDER, K. E. (1997) "Assault on the Bankers' Kingdom: Politics, Markets, and the Liberalization of Japanese Industrial Finance." In Capital Ungoverned: Liberalizing Finance in Interventionist States, edited by M. Loriaux et al., pp. 17-56. Ithaca, NY: Cornell University Press.
7. CERNY, P. G. (1989) The "Little Big Bang" in Paris: Financial Market Deregulation in a Dirigiste System. European Journal of Political Research 17:169-192.
8. CERNY, P. G. (1993) Finance and World Politics. Aldershot, England: Elgar.
9. COBHAM, D. (1992) "Monetary Targeting." In The New Palgrave Dictionary of Money and Finance, vol. 2, pp. 759-763. London: Macmillan.
10. COHEN, B. J. (1989) "European Financial Integration and National Banking Interests." In The Political Economy of European Integration: States, Markets, and Institutions, edited by P. Guerrieri and P. C. Padoan, pp. 145-170. London: Wheatsheaf.
11. COHEN, B. J. (1996) Phoenix Risen: The Resurrection of Global Finance. World Politics 48:268-296.
12. COHEN, S. S., J. GALBRAITH, AND J. ZYSMAN (1982) "Rehabbing the Labyrinth: The Financial System and Industrial Policy in France." In France in the Troubled World Economy, edited by S. S. Cohen and P. A. Gourevitch, pp. 49-75. London: Butterworths.
13. De Grauwe, P. (1990) "The Liberalisation of Capital Movements and the EMS." In Prospects for the European Monetary System, edited by P. Ferri, pp. 159-177. New York: St. Martin's Press.
14. DOLLAR, D., AND J. A. FRIEDEN (1990) "The Political Economy of Financial Deregulation in the United States and Japan." In Structural Change in the American Financial System, edited by G. Luciani, pp. 73-102. Rome: Fondazione Olivetti.
15. FLANAGAN, R., D. W. SOSKICE, AND L. ULMAN (1983) Unionism, Economic Stabilization, and Incomes Policies: European Experience. Washington, DC: Brookings Institution.
16. FOA, B. (1949) Monetary Reconstruction in Italy. New York: King's Crown Press.
17. FORSYTH, D., AND T. NOTERMANS (1997) Financial Institutions and Regulatory Regimes in Europe from the 1930s to the 1990s. Providence, RI: Berghan.
18. FRIEDEN, J. A. (1991) Invested Interests: The Politics of National Economic Policies in a World of Global Finance. International Organization 45:425-451.
19. FRIEDEN, J. A., AND R. ROGOWSKI (1996) "The Impact of the International Economy on National Policies: All Analytic Overview." In Internationalization and Domestic Politics, edited by R. O. Keohane and H. Milner, pp. 25-47. New York: Cambridge University Press.
20. GOODMAN, J. B., AND L. W. PAULY (1993) The Obsolescence of Capital Controls? Economic Management in an Age of Global Markets. World Politics 46:50-82.
21. HAGGARD, S., AND C. H. LEE (1993) "The Political Dimension of Finance in Economic Development." In The Politics of Finance in Developing Countries, edited by S. Haggard, C. H. Lee, and S. Maxfield, pp. 3-20. Ithaca, NY: Cornell University Press.
22. HAGGARD, S., C. H. LEE, AND S. MAXFIELD, EDS. (1993) The Politics of Finance in Developing Countries. Ithaca, NY: Cornell University Press.
23. HAGGARD, S., AND S. MAXFIELD (1993) "Political Explanations of Financial Policy in Developing Countries." In The Politics of Finance in Developing Countries, edited by S. Haggard, C. H. Lee, and S. Maxfield, pp. 293-325. Ithaca, NY: Cornell University Press.
24. HAYWARD, J. (1986) The State and the Market Economy: Industrial Patriotism and Economic Intervention in France. Brighton, England: Wheatsheaf.
25. HELLEINER, E. (1994) States and the Reemergence of Global Finance: From Bretton Woods to the 1990s. Ithaca, NY: Cornell University Press.
26. JOHNSON, C. (1987) "Political Institutions and Economic Development: The Business-Government Relationship in Japan, South Korea, and Taiwan." In The Political Economy of New Asian Industrialism, edited by F. Deyo, pp. 136-164. Ithaca, NY: Cornell University Press.
27. KUISEL, R. F. (1981) Capitalism and the State in Modern France. Cambridge: Cambridge University Press.
28. LAURENCE, H. (1996) Regulatory Competition and the Politics of Financial Market Reform in Britain and Japan. Governance 9:311-341.
29. LLEWELLYN, J., AND S. POTTER (1982) "Competitiveness and the Current Account." In The European Economy: Growth and Crisis, edited by A. Boltho, pp. 132-158. Oxford University Press.
30. LORIAUX, M. (1991) France After Hegemony: International Change and Financial Reform. Ithaca, NY: Cornell University Press.
31. LORIAUX, M., M. CUMINGS-WOO, K. F. CALDER, S. MAXFIELD, AND S. A. PÉREZ (1997) Capital Ungoverned: Liberalizing Finance in Interventionist States. Ithaca, NY: Cornell University Press.
32. LUKAUSKAS, A. J. (1994) The Political Economy of Financial Restriction: The Case of Spain. Comparative Politics 27:67-89.
33. MAMMARELLA, G. (1966) Italy After Fascism. A Political History, 1943-1965. Notre Dame, IN: University of Notre Dame Press.
34. MARAVALL, J. M. (1970) El Desarollo Económico y la Clase Obrera. Madrid: Ediciones Ariel.
35. MAXFIELD, S. (1993) "The Politics of Mexican Financial Policy." In The Politics of Finance in Developing Countries, edited by S. Haggard, C. H. Lee, and S. Maxfield, pp. 230-258. Ithaca, NY: Cornell University Press.
36. MELITZ, J. (1990) Financial Deregulation in France. European Economic Review 34:394-492.
37. MORAN, M. (1991) The Politics of the Financial Services Revolution: The USA, UK and Japan. New York: St. Martin's Press.
38. MÖLLER, H. (1976) "Die Westdeutsche Währungsreform von 1948." In Währung und Wirtschaft in Deutschland 1876-1975. Frankfurt: Deutsche Bundesbank.
39. NARDOZZI, G. (1983) Tre sistemi creditizi. Bologna: Il Mulino.
40. OECD (1983) Economic Surveys: France.
41. OECD (1984) Economic Surveys: Germany.
42. OECD (1993) Economic Surveys: Norway.
43. OECD (1995) Economic Surveys: Italy.
44. PAULY, L. W. (1988) Opening Financial Markets: Banking Politics on the Pacific Rim. Ithaca, NY: Cornell University Press.
45. PÉREZ, S. A. (1997) Banking on Privilege: The Politics of Spanish Financial Reform. Ithaca, NY: Cornell University Press.
46. RAYMOND, R. (1992) "The Effect of Financial Innovation and Deregulation of French Monetary Policy." In Monetary Policy and Financial Innovation in Five Countries: UK, USA, West Germany, France, and Japan, edited by S. F. Frowen and D. Kath, pp. 82-100. New York: St. Martin's Press.
47. RIOUX, J.-P. (1987) The Fourth Republic, 1944-1958. Cambridge: Cambridge University Press.
48. ROMÁN, M. (1971) The Limits of Economic Growth in Spain. New York: Praeger.
49. SALVATI, M. (1985) "The Italian Inflation." In The Politics of Inflation and Economic Stagnation, edited by L. N. Lindberg and C. S. Maier, pp. 509-563. Washington, DC: Brookings Institution.
50. SAMUELS, R. J. (1987) The Business of the Japanese State: Energy Markets in Comparative and Historical Perspective. Ithaca, NY: Cornell University Press.
51. SASSOON, D. (1986) Contemporary Italy: Politics, Economy, and Society Since 1945. London: Longman.
52. SHONFIELD, A. (1965) Modern Capitalism: The Changing Balance of Public and Private. Oxford: Oxford University Press.
53. SOBEL, A. C. (1994) Domestic Choices, International Markets: Dismantling National Barriers and Liberalizing Securities Markets. Ann Arbor: University of Michigan Press.
54. TRANØY, B. S. (1996) Losing Credit: Social Democracy and the Re-Commodification of Money and Housing in Norway and Sweden in the 1980s and 1990s. Paper delivered at the Annual Meeting of the American Political Science Association, San Francisco, August 29-September 1.
55. VOGEL, S. K. (1996) Freer Markets, More Rules: Regulatory Reform in Advanced Industrial Countries. Ithaca, NY: Cornell University Press.
56. WERTH, A. (1956) France 1940-1955. New York: Henry Holt.
57. WOO-CUMINGS, M. (1997) "Slouching Toward the Market: The Politics of Financial Liberalization in South Korea." In Capital Ungoverned: Liberalizing Finance in Interventionist States, edited by M. Loriaux et al., pp. 57-91. Ithaca, NY: Cornell University Press.
58. WOOLLEY, J. T. (1985) "Central Banks and Inflation." In The Politics of Inflation and Economic Stagnation: Theoretical Approaches and International Case Studies, edited by L. N. Lindberg and C. S. Maier, pp. 318-348. Washington, DC: Brookings Institution.
59. WRIGHT, G. (1948) The Reshaping of French Democracy. New York: Reynal and Hitchcock.
60. ZYSMAN, J. (1983) Governments, Markets, and Growth: Financial Systems and the Politics of Industrial Change. Ithaca, NY: Cornell University Press.
61. ZYSMAN, J. (1985) "Inflation and the Politics of Supply." In The Politics of Inflation and Economic Stagnation, edited by L. N. Lindberg and C. S. Maier, pp. 140-171. Washington, DC: Brookings Institution.
62. ZYSMAN, J. (1994) How Institutions Create Historically Rooted Trajectories of Growth. Industrial and Corporate Change 3:243-283.