Projekt

Kreditvergabe als Zwei-Ebenen-Spiel: Troika-Schuldner Verhandlungen in der Eurozone

Projektleitung:
Prof. Dr. Susanne Lütz
Mitarbeitende:
Sven Hilgers
Sebastian Schneider
Status:
abgeschlossen
Laufzeit:
01.01.2015 — 31.12.2019
fördernde Einrichtungen:
DFG (LU 867/2-1)
Foto: FernUniversität

Kurzbeschreibung

Die europäische Finanz- und Schuldenkrise hat zu neuen Mustern der Koordination und Kooperation zwischen internationalen Finanzinstitutionen wie dem Internationalen Währungsfonds (IWF), supranationalen Organisationen wie der Europäischen Kommission und der Europäischen Zentralbank, privaten und staatlichen Gläubigern sowie zahlreichen europäischen Krisenländern geführt. Im Kern geht es dabei um die Aushandlung von Kreditprogrammen, in denen die Vergabe von Darlehen an die Einhaltung restriktiver Konditionalitäten gekoppelt wird. Bislang wurden die Dynamiken der Interaktion zwischen Gläubigerkoalition und Schuldnerstaat vorwiegend mit Blick auf Kreditprogramme des IWF an Entwicklungs- und Transformationsländer im Zuge der lateinamerikanischen Verschuldungskrise, der Asienkrise sowie der Transformation Osteuropas untersucht. Das vorliegende Projekt untersucht den Prozess der Aushandlung und Implementierung von Kreditprogrammen in fünf europäischen Ländern (Griechenland, Portugal, Irland, Zypern, Lettland) aus der Perspektive der Schuldnerregierung. Wir fragen, unter welchen Bedingungen der Schuldner angesichts von internationalen und innerstaatlichen Handlungsrestriktionen über Spielraum verfügt, die Kreditkonditionalitäten substantiell zu beeinflussen. Anknüpfend an den Ansatz des „ Zwei-Ebenen-Spiels“ entwickeln wir ein Modell, das den Handlungsspielraum des Schuldners in einer durch Machtasymmetrie gekennzeichneten Verhandlung analysiert.

Pressemeldung auf der Seite der Fernuniversität in Hagen vom 21.03.2019 [Link]

Projektbezogene Publikationen:

Veröffentlichungen:

  • (2021) (Sven Hilgers): Business and Monetary Policy, in: Aynsley Kellow, Tony Porter and Karsten Ronit (Eds.), Handbook Business and Public Policy. Cheltenham: Edward Elgar (im Erscheinen)
  • (2021) (Susanne Lütz): Global-Regional Realignments in Trade, Finance and Development. Introduction to the Special Issue of Global Policy 12 (S4), May [Volltext als PDF]
  • (2021) (Susanne Lütz, ed.): Special Issue of Global Policy – Global-Regional Realignments in Trade, Finance and Development. Global Policy 12 (S4), May. [Zugang über Wiley]
  • (2021) (Susanne Lütz, Sven Hilgers and Sebastian Schneider): Schuldenspiele: Policy-Dynamiken und strategische Interaktion bei der Aushandlung europäischer Kreditprogramme, in: Daniel Buhr et al. (eds.), Festschrift für Josef Schmid: Innovation und Wohlfahrtstaat - Neue Ideen für Wissenschaft und Politik. Baden-Baden: Nomos [Volltext als PDF]
  • (2020) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): When numbers don’t add up: Bureaucratic culture and conflicts in EU-IMF programs, in: Michele Chang / Federico Steinberg and Francisco Torres (Hrsg.), The Political Economy of Adjustment Throughout and Beyond the Eurozone Crisis: What Have We Learnt? Abingdon/London: Routledge, 38-57.(2019) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): Accountants, Europeanists and Monetary Guardians: bureaucratic cultures and conflicts in IMF-EU lending programs, in: Review of International Political Economy 26 (6), 1187-1210. [Abstract/Volltext über Taylor & Francis]
  • (2019) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): Games Borrower Governments Play: The Implementation of Adjustment Programmes in Cyprus and Portugal, in: West European Politics 42 (7), 1443-1463. [Abstract/Volltext über Taylor & Francis]
  • (2019) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): Troika Institutionen als Internationale Bürokratien -Der Einfluss inkongruenter Organisationskulturen auf Kreditkonditionalitäten, in: dms - der moderne staat 12 (1), 1-20. [Abstract/Volltext über Budrich Journals]
  • (2019) (Susanne Lütz / Sven Hilgers): When Overlapping Organisations Play Two-Level Games: IMF–EU Interaction in Credit Lending to Latvia and Greece, in: New Political Economy 4 (3), 299-312. [Abstract/Volltext über Taylor &

Working Papers:

  • (2019) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): Of Accountants, Europeanists and Monetary Guardians – bureaucratic cultures and conflicts in IMF-EU lending programs, Paper presented at the International Studies Association 60th Annual Convention, March 27-30, Toronto, Ontario, Canada.
  • (2018) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): Of Accountants, Europeanists, and Monetary Guardians: Troika Institutions as International Bureaucracies, Paper presented at the ECPR General Conference, 24 August, 2018, in Hamburg.
  • (2018) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): Games borrower governments play. The Implementation of EAPs in Cyprus and Portugal. Paper presented at the Workshop “One Crisis, many Perspectives: Understanding the Politics of the Eurozone Crisis”, 29-30 January, 2018, University of Zurich and at the Polis-Kolloquium, FernUniversität in Hagen, 17 April, 2018.
  • (2018) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): When Overlapping Organisations play Two-Level Games. IMF-EU Interaction in Credit Lending to Latvia and Greece. Paper presented at the Workshop “One Crisis, many Perspectives: Understanding the Politics of the Eurozone Crisis”, 29-30 January, 2018, University of Zurich and at the DVPW-Sektionstagung Politische Ökonomie, Darmstadt, 22-23 February, 2018.
  • (2018) (Susanne Lütz / Sven Hilgers / Sebastian Schneider):Credit Lending as Two Level Game. DFG-Project Presentation at the Workshop “One Crisis, many Perspectives: Understanding the Politics of the Eurozone Crisis”, 29-30 January, 2018, University of Zurich.
  • (2017) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): International Organizations in European Credit Lending. Paper presented at the 113th Annual Meeting of the American Political Science Association (APSA), 31 August-September 3, 2017 in San Francisco, USA.
  • (2017) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): „Of Accountants, Europeanists and Monetary Guardians: Conflicting Approaches in European Financial Assistance. Paper presented at the 24th International Conference of Europeanists, July 12-14, 2017 in Glasgow.
  • (2017) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): Conflict and Cooperation in European Credit Lending. Paper presented at the International Studies Association (ISA) Annual Convention, February 22-25th, in Baltimore, USA.
  • (2017) (Sven Hilgers): "Seeing like the European Central Bank - Analytic institutions in Central Banking". Paper presented at the workshop: "New Roles for Central Banks?" University of British Columbia, Vancouver, Canada, February 2017 and at the International Studies Association (ISA) Annual Convention in Baltimore, USA, February 22-25, 2017.
  • (2017) (Sven Hilgers): "Reinterpreting financial stability - Seeing like the European Central Bank on debt restructuring". Paper presented at the conference: “The Political Role of the European Central Bank in European Union Governance“, University of Duisburg-Essen, April 5-6, 2017 and at the Conference of the Society for the Advancement of Socio-Economics (SASE), University of Lyon, France, June 29-July 1, 2017.
  • (2017) (Sebastian Schneider): ‘A tale of two crises: Growth models and institutional change in Ireland and Portugal’, Paper presented at the ECPR General Conference, Oslo, September 6–9.
  • (2017) (Sebastian Schneider): ‘Growth models and interest group formation in Ireland and Portugal’, Paper presented at the 113th APSA Annual Meeting, San Francisco, August 31 – September 3.
  • (2017) (Sebastian Schneider): ‘Growth models, interest group formation and economic adjustment in the eurozone crisis’, Paper presented at the 24th International Conference of Europeanists, Glasgow, July 12–14.
  • (2017) (Sebastian Schneider): ‘Growth models and institutional change in the eurozone crisis’, Paper presented at the Conference of the Society for the Advancement of Socio-Economics, Lyon, June 29 – July 1.
  • (2016) ( Susanne Lütz / Sven Hilgers): Cooperation between overlapping international organizations – IMF-EU Interaction in Lending Programs for Latvia and Greece. Paper presented at the DVPW-Drei Länder Tagung “Regionalismus in einer entgrenzten Welt”, Heidelberg, September 29 - Oktober 1, and at the International Studies Association (ISA) Annual Convention in Baltimore, USA, February 22-25, 2017, Panel: „Legacies and Innovations in Global Economic Governance since Bretton Woods“.
  • (2016) (Sebastian Schneider): ‘Unequal aftermath: vested interests and economic adjustment in the eurozone crisis´, Paper presented at the EAEPE Summer School 2016, Rome, July 4-8.
  • (2016) (Sven Hilgers):To bail-in or not to bail-in: Seeing like the European Central Bank in the Troika. Paper presented at the ECPR Joint Sessions, Workshop “The Politics of Central Banking”, Pisa – April 24-28, 2016.
  • (2015) (Susanne Lütz / Sven Hilgers / Sebastian Schneider): Credit Lending as Two-Level Game: Troika-Debtor Negotiations in Cyprus and Portugal. Paper presented at the ECPR General Conference Panel “The politics of bailout negotiations”, Montreal – August 26-29, 2015 & at the workshop “Financial Crisis Management and its Consequences in Comparative Perspective”, Berlin - April 7-8, 2016.
  • (2015) (Sebastian Schneider): ‘Coordination no more: The Eurozone Crisis and the Dismantling of Wage Setting Systems in the European periphery’, Paper presented at the 10th Annual University of Pittsburgh Graduate Student Conference on the EU, Pittsburgh, March 27-28.
10.05.2024