Artikel

The increasing geoeconomic usage of the Single Market for financial services

The Single Market in financial services has increasingly been used for geoeconomic purposes, that range from incipient geoeconomic use to outward weaponization of the Single Market in finance. This geoeconomic usage can be illustrated in a few salient cases that involve the EU and other majorjurisdictions: (1) the post-2008 crisis transatlantic tug-of-war; (2) the Brexit negotiations; and (3) during the full-scale war in Ukraine. We adopt four metaphors to characterize the geoeconomic deployment of the Single Market and the EU's geoeconomic actorness. These are shield and sword; testudo; phalanx and scattered comman-dos. A mix of external and internal factors accounts for this pattern, for instance, changes to the internati-onal economic and political system as well as the development of the EU's ability to deploy its Single Market geoeconomically

Sprache
Englisch

Erschienen in
Journal: EconPol Forum ; ISSN: 2752-1184 ; Volume: 24 ; Year: 2023 ; Issue: 5 ; Pages: 23-27

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Quaglia, Lucia
Verdun, Amy
Ereignis
Veröffentlichung
(wer)
CESifo GmbH
(wo)
Munich
(wann)
2023

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Quaglia, Lucia
  • Verdun, Amy
  • CESifo GmbH

Entstanden

  • 2023

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