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Brexit debate ignores UK’s privileged position in Europe

The UK enjoys opt-outs from many EU policies, without its influence in the EU being diminished. But the UK’s privileged position in the EU has been neglected in the referendum debate, which has been caught up in statistics about the material costs and benefits of the EU.

Bank Regulation and Supervision (with C. Schenk)

This chapter establishes the rationale for regulation of banking and financial activity and then traces the evolution of national banking regulation and supervision in a range of countries. Particular attention is paid to the contrasting models in Europe, the USA and the People’s Republic of China; as well as the particular challenges in the globalised financial markets since the 1990s.

Institutionalizing Trust? Regular Summitry in the 70s-80s (with N. Bonhomme)

This chapter argues that summits tried to foster trust both “internally” and “externally”: summitry aimed at developing not only trust among the leaders, but also crucially trust with regard to the Western (economic) system. These two ambitions represented a vital transformation of the international system in the 1970s and 1980s.

Assessing the Role of G7/8/20 Meetings in Global Governance

G7/8/20 summits are often accused of many ills: club of the rich, producers of pointless communiqués, unduly gigantic gatherings, over-prepared meetings and media-show events – in a word, useless. This chapter argues for a more qualified assessment of their added value to global governance. This chapter assesses multilateral summitry along three lines, examining respectively the process (the G7 as a diplomatic instrument), the outcome (what agreements G7s actually reached) and the counterfactual (what if the G7 did not exist?).