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@article{buller_hedging_????,
	title = {Hedging its {Bets}: {The} {UK} and the {Politics} of {European} {Financial} {Services} {Regulation}},
	issn = {1356-3467},
	shorttitle = {Hedging its {Bets}},
	url = {http://www.tandfonline.com/doi/abs/10.1080/13563467.2012.700924},
	doi = {10.1080/13563467.2012.700924},
	abstract = {Some argue that European financial services regulation is witnessing a shift from a ‘market-making’ to a ‘market-shaping’ paradigm after the global financial crisis. This so-called ‘new’ political economy explanation stresses the role of ideas to understand this change. We consider this claim by providing an in-depth examination of recent European hedge fund legislation from the perspective of two key ‘market-making’ coalition members: the UK government and the hedge fund industry. We accept that the legislation represents a set-back for the ‘market-makers’ but question whether it represents a victory for the ‘market-shapers’. Moreover, we cast doubt on the causal role of ideas, calling for a domestic politics approach.},
	urldate = {2012-07-25},
	journal = {New Political Economy},
	author = {Buller, Jim and Lindstrom, Nicole},
	pages = {1--19},
	file = {13563467.2012.700924.pdf:files/36837/13563467.2012.700924.pdf:application/pdf}
}