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Stories and Interests in Finance: Agendas of Governance before and after the Financial Crisis
Author(s) -
FROUD JULIE,
NILSSON ADRIANA,
MORAN MICHAEL,
WILLIAMS KAREL
Publication year - 2012
Publication title -
governance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.46
H-Index - 76
eISSN - 1468-0491
pISSN - 0952-1895
DOI - 10.1111/j.1468-0491.2011.01561.x
Subject(s) - elite , financial crisis , corporate governance , narrative , jurisdiction , political science , political economy , economics , law , finance , keynesian economics , politics , philosophy , linguistics
The financial crisis can be understood in many different terms. In this article, it is analyzed in terms of the unfolding of a series of elite narratives that shaped the agenda of regulation before the crisis, that were damaged by the crisis, and that were then reframed and recounted again in the wake of the crisis. The form of these stories differs in subtle ways by jurisdiction, and thus the fate of postcrisis regulatory practice likewise differs.