IDEAS home Printed from https://ideas.repec.org/a/taf/jecprf/v21y2018i3p240-256.html
   My bibliography  Save this article

Rethinking the allocation of macroprudential mandates within the Banking Union – a perspective from east of the BU

Author

Listed:
  • Katalin Mérő
  • Dóra Piroska

Abstract

This paper argues that reforms of the Banking Union should be aimed at increasing efficiency of the single market as well enhance financial stability in the European Union. We argue that this can only be achieved if the Banking Union becomes more accommodative to non-Eurozone Central and Eastern European countries. It can be achieved if within BU institutions, the allocation of competencies reflects the subsidiary demands of CEE governments. Using the example of macroprudential regulation, we develop a number of reform options that could result in the better functioning of the Single Supervisory Mechanism and thus benefit all EU member states.

Suggested Citation

  • Katalin Mérő & Dóra Piroska, 2018. "Rethinking the allocation of macroprudential mandates within the Banking Union – a perspective from east of the BU," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 21(3), pages 240-256, July.
    • Handle: RePEc:taf:jecprf:v:21:y:2018:i:3:p:240-256
    DOI: 10.1080/17487870.2017.1400435
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17487870.2017.1400435
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17487870.2017.1400435?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lisa Coiffard, 2018. "Independence of central banks after the crisis - focus on Hungary," IWE Working Papers 242, Institute for World Economics - Centre for Economic and Regional Studies.
    2. Szűcs, Gábor, 2023. "Halmai Péter (szerk.): A Gazdasági és Monetáris Unió jövője. Európai perspektívák. Ludovika Egyetemi Kiadó, Budapest, 2021 [Halmai Péter (ed.): The future of the Economic and Monetary Union. Europe," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 233-241.
    3. Mérő, Katalin, 2019. "Érdemes-e csatlakozniuk az európai bankunióhoz az euróövezeten kívüli tagállamoknak? [Is it worth non-euro member-states joining the European Banking Union?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 497-520.

    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:taf:jecprf:v:21:y:2018:i:3:p:240-256. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/GPRE20 .

    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.