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Capital mobility and interest group power : development of the EC shipping policy

In this thesis. theories of regional integration. particularly neofunctionalism and intergovemmentalism. are applied to a case study of the shipping sector. Actor behaviour at three levels is explored: national and European-level pressure groups. national governments. and EC institutions. These actors are constrained or empowered by a range of variables at the national. regional. and global levels. and it is the impact of these variables on agent behaviour that explains the dependent variable - - outcome of negotiations leading to elements of an EC common shipping policy. One variable has not previously been identified in the literature capital mobility. It is significant because it alters pressure group power In negotiations over certain policies. Mobile capital will not accept policies which Impose costs if they can be avoided through exit. and this entails a major limit to integrative possibilities. This limit IS likely to be increasingly significant as foreign direct investment both into and out of the EC grows.

Identiferoai:union.ndltd.org:bl.uk/oai:ethos.bl.uk:318913
Date January 1994
CreatorsAspinwall, Mark Dean
PublisherLondon School of Economics and Political Science (University of London)
Source SetsEthos UK
Detected LanguageEnglish
TypeElectronic Thesis or Dissertation

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