CCP Visiting Scholar
Lead Research Organisation:
University of East Anglia
Department Name: Norwich Business School
Abstract
Abstracts are not currently available in GtR for all funded research. This is normally because the abstract was not required at the time of proposal submission, but may be because it included sensitive information such as personal details.
Organisations
People |
ORCID iD |
| Catherine Waddams (Principal Investigator) |
Publications
Nikolaos Zaharidis (Author)
(2012)
National profligacy and institutional adolescence : the Greek trigger to Europe's sovereign debt crisis
ZAHARIADIS N
(2013)
LEADING REFORM AMIDST TRANSBOUNDARY CRISES: LESSONS FROM GREECE Leading Reform Amidst Transboundary Crises
in Public Administration
| Description | The contribution of this project is four-fold. First, this project brings the level of analysis down to one policy, state aid, with findings buttressed by a detailed examination of a single sector, banking. Second, the area of state aid has not been adequately explored in the literature (Zahariadis 2008). Third, the project informs broader debates in international political economy by modelling the political dynamic between states and internal and external institutions. Is EU state aid control simply a question of compliance, as many analysts conceptualize Europeanization to be (e.g., Falkner et al 2005), or is it the result of a complex interaction between domestic national imperatives and a politically astute, supranational bureaucratic agency? Fourth, the project points to political reasons why international cooperation on this topic is very difficult to accomplish despite efforts to do so at the G-7 and G-20 forums. The preliminary findings suggest: A. Rescue plans, be they country or firm rescues, aim primarily at helping creditors. B. Taxpayers across Europe and the U.S. are asked to shoulder the bulk of the cost of bail-outs. C. The rush to help creditors may result in increasing the taxpayer cost of the rescue. D. The single currency in Europe coupled with political posturing and uncertainty has created unanticipated financial damage to the eurozone, disproportionate to the actual financial cost of the economic crisis. The mechanism of contagion is the banking sector. E. The Commission, the European Central Bank, and institutions created to deal with the crisis lack the political and institutional capacity to do so. This is a new collaboration. It is interdisciplinary in nature, bringing together two political scientists, Professor N. Zahariadis and H. Kassim, and one economist, B. Lyons. The collaborators are well suited to the project because they are experts in their related fields (Zahariadis on state aid issues, Kassim on European competition and state aid policy, and Lyons on competition, banking and state aid), with complementary interests. The economic topic of state aid contains significant political dimensions. Therefore, it cannot be understood from a strictly single disciplinary perspective; it requires cross-fertilization of perspectives across the two disciplines. Special effort will be made to disseminate the findings to students and faculty of law at the Centre for Competition Policy and elsewhere, and the development agencies of the aforementioned states in the U.S. |
| Exploitation Route | Not known |
| Sectors | Financial Services, and Management Consultancy |
| Description | National profligacy and institutional adolescence : the Greek trigger to Europe's sovereign debt crisis |
| Form Of Engagement Activity | A talk or presentation |
| Part Of Official Scheme? | No |
| Geographic Reach | International |
| Primary Audience | Professional Practitioners |
| Results and Impact | Paper presentation at ISA 53rd Annual Convention in San Diego not known |
| Year(s) Of Engagement Activity | 2012 |