The European Challenge to the German Public Banking Sector
How is the transformation of national models of capitalism related to the process of European integration? Since the 1990s in particular, public banking - especially state guarantees for savings banks and the regional, state-owned Landesbanken - has become a source of conflict between the European Commission and the German government. This dissertation project analyzes political-economic patterns of conflict within the European multi-level system by investigating the liberalization of the German public banking system. It analyzes the conflict over this system in historical perspective and investigates how actors’ preferences and strategies change in response to the emergence of new political opportunity structures. On the European level, the focus is on the Commission and the European Court of Justice, while on the national level it is on the German government, state and local government actors, and actors from the private banking sector. The case study on the liberalization of the German savings banking system aims to show how European integration (re-)structures the access of social groups to political decision processes, thus actively influencing the social distribution of power. Project duration: October 2008 to September 2011.
Forschungsgruppe "Europäische Liberalisierungspolitik"