We argue that the evolving preferences and power resources of large cross-border banks help explain the crucial political moves to European banking union. As they became larger and more European, the relative dependence of these banks on national regulators declined even as the dependence of...

When are decentralized public institutions most likely to succeed in promoting effective public good provision or the emergence of local cooperation? Two influential literatures in political science, those on "empowered participatory governance" and on "market-preserving federalism," both...

This paper argues that the principal avenue of policy innovation in the areas of economic and social policy in the advanced industrial countries is a function of the sub-national capacity of interest organizations. In policy areas where these organizations exercise high deliberative capacity,...

Governments in the advanced industrial countries increasingly rely on supply-side reforms to intervene in the economy. This article examines one such reform, that of vocational education and training in France, whose successful implementation required that private actors cooperate not with the...

The analytical framework of varieties of capitalism can be grim reading for public policymakers. If their countries lack the institutional framework necessary for sustaining non-market coordination, then the counsel of many of the chapters in this volume is simple: stick with the policies that...