Mediating Factors in Policy Adjustment | |
Economic Vulnerability | Presence or absence of economic crisis; competitiveness in capital and product markets |
Political Institutional Capacity | Principal policy actors' ability to impose or negotiate change, depending upon political interactions and institutional arrangements |
Policy Legacies | "fit" with long-standing policies and policymaking institutions |
Policy Preferences | "fit" with the old preferences and/or openness to new |
Discourse | Ability to change preferences by altering perceptions of economic vulnerabilities and policy legacies and thereby enhance political institutional capacity to impose or negotiate change |
Pressures for Convergence | EU Adjustment Pressures | Adjustment Mechanisms | Examples |
High | Required Model | Coercion | Monetary integration, environmental standards |
Medium | Recommended Model | Adaptation | deregulation of financial services, telecom, electricity, air transport |
Low | Suggested Model | Mimesis | Employment bench-marking, railway directive, road haulage |
Negligible | No Model | Regulatory Competition | Mutual recognition of products |
Monetary Integration | Financial Services | Telecom | Electricity | Air Transport | Railways | Road Haulage | |
U.K. Timing Pressures EU response |
Not yet Global. Inertia |
Early Global. Absorption |
Early Global. Absorption |
Early Global. Absorption |
Early Global. Absorption |
Early Internal./Eur. Absorption |
Early Internal. Absorption |
FRANCE Timing Pressures EU response |
Early Global./Europ. Transf. |
Early Global. Absorption |
Late Global./Europ. Inertia/Transf . |
Late European. Inertia |
Late European. Inertia |
Late European. Inertia |
Early Internal Absorption |
GERMANY Timing Pressures EU response |
Early Global. Absorption |
Late Global./internal Transf. |
Mid Global./unific. Inertia/Transf . |
Late European. Transf. |
Late European. Transf. |
Late European. Transf. |
Late European. Inertia/Transf. |
Convergence | High: Fr, Ger |
High: Fr, Ger, UK |
High: Fr, Ger, UK |
Medium: Ger, UK |
Medium: Ger, UK |
Medium: Ger, UK |
Medium: Fr, UK, Ger |