IDEAS home Printed from https://ideas.repec.org/a/bla/jcmkts/v60y2022i4p1190-1210.html
   My bibliography  Save this article

Sectoral Governance under the EU's Bilateral Agreements and the Limits of Joint Institutional Frameworks: Insights from EU‐Swiss Bilateralism for Post‐Brexit Relations with the UK

Author

Listed:
  • Sandra Eckert

Abstract

Joint Institutional Frameworks governing the EU's relations with third countries often fail to address important issues of sectoral governance. Non‐EU countries benefit from access to EU sectoral bodies, but this is limited, and alternative avenues of co‐operation are therefore needed. This article contributes to existing research on EU bilateral relations, which has thus far not paid sufficient attention to the external face of sectoral governance. The qualitative case comparison studies the well‐established, yet increasingly politicized bilateral co‐operation with Switzerland in order to draw insights for UK–EU relations, and contrasts two strategically important areas of market integration, namely electricity and financial markets. The findings show that politicization and (external) disintegration have repercussions for allegedly ‘technical’ areas of co‐operation where formalized requirements for EU sectoral bodies, public and private, become more stringent and less permissive to accommodate informal modes of co‐operation that in the past facilitated external participation.

Suggested Citation

  • Sandra Eckert, 2022. "Sectoral Governance under the EU's Bilateral Agreements and the Limits of Joint Institutional Frameworks: Insights from EU‐Swiss Bilateralism for Post‐Brexit Relations with the UK," Journal of Common Market Studies, Wiley Blackwell, vol. 60(4), pages 1190-1210, July.
  • Handle: RePEc:bla:jcmkts:v:60:y:2022:i:4:p:1190-1210
    DOI: 10.1111/jcms.13315
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/jcms.13315
    Download Restriction: no

    File URL: https://libkey.io/10.1111/jcms.13315?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Haselmann, Rainer & Tröger, Tobias, 2021. "What are the main differences between the practice of supervising large banks in the UK and in the euro area, and what are the main risks of regulatory divergence?," SAFE White Paper Series 86, Leibniz Institute for Financial Research SAFE.
    2. Meletiou, Alexis & Cambini, Carlo & Masera, Marcelo, 2018. "Regulatory and ownership determinants of unbundling regime choice for European electricity transmission utilities," Utilities Policy, Elsevier, vol. 50(C), pages 13-25.
    3. David Howarth & Lucia Quaglia, 2017. "Brexit and the Single European Financial Market," Journal of Common Market Studies, Wiley Blackwell, vol. 55, pages 149-164, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eckert, Sandra, 2022. "The limits of joint-institutional frameworks for sectoral governance in EU-Swiss bilateral relations: Lessons for future relations with the UK," SAFE Working Paper Series 341, Leibniz Institute for Financial Research SAFE.
    2. Michelle Egan, 2019. "EU Single Market(s) after Brexit," Politics and Governance, Cogitatio Press, vol. 7(3), pages 19-29.
    3. Paulo Ferreira & Éder Pereira, 2019. "The impact of the Brexit referendum on British and European Union bank shares: a cross-correlation analysis with national indices," Economics Bulletin, AccessEcon, vol. 39(1), pages 335-346.
    4. Eckert, Sandra, 2020. "EU agencies in banking and energy between institutional and policy centralisation," SAFE Working Paper Series 278, Leibniz Institute for Financial Research SAFE.
    5. Sylvia Gottschalk, 2023. "From Black Wednesday to Brexit: Macroeconomic shocks and correlations of equity returns in France, Germany, Italy, Spain, and the United Kingdom," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(3), pages 2843-2873, July.
    6. Sven Van Kerckhoven, 2021. "Post-Brexit Leadership in European Finance," Politics and Governance, Cogitatio Press, vol. 9(1), pages 59-68.
    7. Ferdi De Ville & Gabriel Siles-Brügge, 2019. "The Impact of Brexit on EU Trade Policy," Politics and Governance, Cogitatio Press, vol. 7(3), pages 7-18.
    8. Sugimoto, Kota, 2021. "Ownership versus legal unbundling of electricity transmission network: Evidence from renewable energy investment in Germany," Energy Economics, Elsevier, vol. 99(C).
    9. Philipp Steinbrunner, 2023. "I want a quiet life! On productivity and competition in the Central European energy sector," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(2), pages 403-428, April.
    10. Staudt, Philipp & Oren, Shmuel S., 2021. "Merchant transmission in single-price electricity markets with cost-based redispatch," Energy Economics, Elsevier, vol. 104(C).
    11. Philipp Steinbrunner, 2024. "Are governments bad entrepreneurs? On productivity and public ownership in Central European post‐Communist countries," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 95(1), pages 33-66, March.
    12. Howell, Elizabeth, 2020. "Post-Brexit UK Fund regulation: equivalence, divergence or convergence?," LSE Research Online Documents on Economics 101617, London School of Economics and Political Science, LSE Library.
    13. Guedes, E.F. & Ferreira, Paulo & Dionísio, Andreia & Zebende, G.F., 2019. "An econophysics approach to study the effect of BREXIT referendum on European Union stock markets," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 523(C), pages 1175-1182.
    14. Ribeiro, Beatriz Couto & Ferrero, Luciane Graziele Pereira & Bin, Adriana & Blind, Knut, 2023. "Effects of innovation stimuli regulation in the electricity sector: A quantitative study on European countries," Energy Economics, Elsevier, vol. 118(C).
    15. Fernández, Xosé Luís & Paz-Saavedra, David & Coto-Millán, Pablo, 2020. "The impact of Brexit on bank efficiency: Evidence from UK and Ireland," Finance Research Letters, Elsevier, vol. 36(C).
    16. Juyong Lee & Youngsang Cho & Yoonmo Koo & Chansoo Park, 2018. "Effects of Market Reform on Facility Investment in Electric Power Industry: Panel Data Analysis of 27 Countries," Sustainability, MDPI, vol. 10(9), pages 1-16, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jcmkts:v:60:y:2022:i:4:p:1190-1210. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0021-9886 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.