Civil Society and Financial Regulation

Taylor & Francis

Civil Society and Financial RegulationConsumer Finance Protection and Taxation after the Financial Crisis\nAuthor(s): Lisa Kastner\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138634428, 978-1138634428\nSynopsis\nCoalitions of consumer groups, NGOs, and trade unions have traditionally been considered politically weak compared to well-organized and resourceful financial sector groups which dominate or \""capture\"" financial regulatory decisions. However, following the 2008 financial crisis, civil society groups have been seen to exert much more influence, with politicians successfully implementing financial reform in spite of industry opposition.\n\nDrawing on literature from social movement research and regulatory politics, this book shows how diffuse interests were represented in financial regulatory overhauls in both the United States (US) and the European Union (EU). Four cases of reform in the post-crisis regulatory conte.