{"id":"https://openalex.org/W2171706880","doi":"https://doi.org/10.1080/13501769508406998","title":"Strapped to the mast: EC central bankers between global financial markets and regional integration1","display_name":"Strapped to the mast: EC central bankers between global financial markets and regional integration1","publication_year":1995,"publication_date":"1995-09-01","ids":{"openalex":"https://openalex.org/W2171706880","doi":"https://doi.org/10.1080/13501769508406998","mag":"2171706880"},"language":"en","primary_location":{"id":"doi:10.1080/13501769508406998","doi":"https://doi.org/10.1080/13501769508406998","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13501769508406998","pdf_url":null,"source":{"id":"https://openalex.org/S22371039","display_name":"Journal of European Public Policy","issn_l":"1350-1763","issn":["1350-1763","1466-4429"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310319847","host_organization_name":"Routledge","host_organization_lineage":["https://openalex.org/P4310319847","https://openalex.org/P4310320547"],"host_organization_lineage_names":["Routledge","Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of European Public Policy","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5009000311","display_name":"Kenneth Dyson","orcid":"https://orcid.org/0000-0002-6162-8729","observed_orcids":["https://orcid.org/0000-0002-6162-8729"]},"institutions":[{"id":"https://openalex.org/I139894009","display_name":"University of Bradford","ror":"https://ror.org/00vs8d940","country_code":"GB","type":"education","lineage":["https://openalex.org/I139894009"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Kenneth Dyson","raw_affiliation_strings":["University of Bradford"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Bradford","institution_ids":["https://openalex.org/I139894009"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5063738776","display_name":"Kevin Featherstone","orcid":"https://orcid.org/0000-0001-5652-4338","observed_orcids":["https://orcid.org/0000-0001-5652-4338"]},"institutions":[{"id":"https://openalex.org/I139894009","display_name":"University of Bradford","ror":"https://ror.org/00vs8d940","country_code":"GB","type":"education","lineage":["https://openalex.org/I139894009"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Kevin Featherstone","raw_affiliation_strings":["University of Bradford"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Bradford","institution_ids":["https://openalex.org/I139894009"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5086482801","display_name":"George Michalopoulos","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I139894009","display_name":"University of Bradford","ror":"https://ror.org/00vs8d940","country_code":"GB","type":"education","lineage":["https://openalex.org/I139894009"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"George Michalopoulos","raw_affiliation_strings":["University of Bradford"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Bradford","institution_ids":["https://openalex.org/I139894009"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I139894009"],"apc_list":null,"apc_paid":null,"fwci":4.1507,"has_fulltext":false,"cited_by_count":66,"citation_normalized_percentile":{"value":0.94171083,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"2","issue":"3","first_page":"465","last_page":"487"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T14166","display_name":"European Monetary and Fiscal Policies","score":0.9154999852180481,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T14166","display_name":"European Monetary and Fiscal Policies","score":0.9154999852180481,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10289","display_name":"European Union Policy and Governance","score":0.06679999828338623,"subfield":{"id":"https://openalex.org/subfields/3320","display_name":"Political Science and International Relations"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.006000000052154064,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/central-bank-independence","display_name":"central bank independence","score":0.9639999866485596},{"id":"https://openalex.org/keywords/european-integration","display_name":"European integration","score":0.9549999833106995},{"id":"https://openalex.org/keywords/economic-and-monetary-union","display_name":"European Monetary Union","score":0.9039999842643738},{"id":"https://openalex.org/keywords/international-financial-markets","display_name":"international financial markets","score":0.8140000104904175},{"id":"https://openalex.org/keywords/european-exchange-rate-mechanism","display_name":"Exchange Rate Mechanism","score":0.7609999775886536},{"id":"https://openalex.org/keywords/anchor-currency","display_name":"anchor currency","score":0.8820000290870667},{"id":"https://openalex.org/keywords/public-interest-theory","display_name":"public interest theory","score":0.7239999771118164},{"id":"https://openalex.org/keywords/public-choice-theory","display_name":"public choice theory","score":0.9160000085830688},{"id":"https://openalex.org/keywords/bargaining-theory","display_name":"bargaining theory","score":0.9860000014305115},{"id":"https://openalex.org/keywords/personality-theory","display_name":"personality theory","score":0.6589999794960022},{"id":"https://openalex.org/keywords/economic-crisis","display_name":"economic crisis","score":0.843999981880188},{"id":"https://openalex.org/keywords/maastricht-treaty","display_name":"Maastricht Treaty","score":0.6990000009536743}],"concepts":[{"id":"https://openalex.org/C2776109892","wikidata":"https://www.wikidata.org/wiki/Q825026","display_name":"Economic and monetary union","level":3,"score":0.5857985019683838},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5583319067955017},{"id":"https://openalex.org/C2779010840","wikidata":"https://www.wikidata.org/wiki/Q131569","display_name":"Treaty","level":2,"score":0.5218100547790527},{"id":"https://openalex.org/C2910001868","wikidata":"https://www.wikidata.org/wiki/Q458","display_name":"European union","level":2,"score":0.5125946402549744},{"id":"https://openalex.org/C43658493","wikidata":"https://www.wikidata.org/wiki/Q217197","display_name":"European debt crisis","level":4,"score":0.465670108795166},{"id":"https://openalex.org/C2776941537","wikidata":"https://www.wikidata.org/wiki/Q806733","display_name":"Banking union","level":3,"score":0.4557459354400635},{"id":"https://openalex.org/C2780615719","wikidata":"https://www.wikidata.org/wiki/Q5449723","display_name":"Financial integration","level":3,"score":0.45191389322280884},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.43520495295524597},{"id":"https://openalex.org/C190974861","wikidata":"https://www.wikidata.org/wiki/Q1048268","display_name":"European integration","level":3,"score":0.4156262278556824},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.40318563580513},{"id":"https://openalex.org/C138921699","wikidata":"https://www.wikidata.org/wiki/Q47555","display_name":"Political economy","level":1,"score":0.3952470123767853},{"id":"https://openalex.org/C136264566","wikidata":"https://www.wikidata.org/wiki/Q159810","display_name":"Economy","level":1,"score":0.3780282437801361},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.35617831349372864},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.2955419421195984},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2303234338760376},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.11161711812019348}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/13501769508406998","doi":"https://doi.org/10.1080/13501769508406998","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13501769508406998","pdf_url":null,"source":{"id":"https://openalex.org/S22371039","display_name":"Journal of European Public Policy","issn_l":"1350-1763","issn":["1350-1763","1466-4429"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310319847","host_organization_name":"Routledge","host_organization_lineage":["https://openalex.org/P4310319847","https://openalex.org/P4310320547"],"host_organization_lineage_names":["Routledge","Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of European Public Policy","raw_type":"journal-article"},{"id":"pmh:oai:researchonline.lse.ac.uk:22086","doi":null,"is_oa":false,"landing_page_url":"https://orcid.org/0000-0001-5652-4338>","pdf_url":null,"source":{"id":"https://openalex.org/S4306401593","display_name":"London School of Economics and Political Science Research Online (London School of Economics and Political Science)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I909854389","host_organization_name":"London School of Economics and Political Science","host_organization_lineage":["https://openalex.org/I909854389"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"Article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":54,"referenced_works":["https://openalex.org/W43800846","https://openalex.org/W582016628","https://openalex.org/W593842997","https://openalex.org/W620009193","https://openalex.org/W634065930","https://openalex.org/W653056925","https://openalex.org/W1501978836","https://openalex.org/W1512035644","https://openalex.org/W1516132957","https://openalex.org/W1534192420","https://openalex.org/W1555277027","https://openalex.org/W1584394025","https://openalex.org/W1599497514","https://openalex.org/W1601010440","https://openalex.org/W1608219725","https://openalex.org/W1963557215","https://openalex.org/W1968201639","https://openalex.org/W1970086641","https://openalex.org/W1971641947","https://openalex.org/W1972657912","https://openalex.org/W2001930447","https://openalex.org/W2007420545","https://openalex.org/W2013426901","https://openalex.org/W2019848949","https://openalex.org/W2044948141","https://openalex.org/W2045843512","https://openalex.org/W2046197471","https://openalex.org/W2046764142","https://openalex.org/W2047934524","https://openalex.org/W2054428628","https://openalex.org/W2055078983","https://openalex.org/W2067275363","https://openalex.org/W2076606262","https://openalex.org/W2089063857","https://openalex.org/W2115836717","https://openalex.org/W2119091163","https://openalex.org/W2141207080","https://openalex.org/W2236815508","https://openalex.org/W2330475243","https://openalex.org/W2334135569","https://openalex.org/W2494785324","https://openalex.org/W2799082986","https://openalex.org/W2800301215","https://openalex.org/W2801402004","https://openalex.org/W3083141584","https://openalex.org/W3121978017","https://openalex.org/W3125780895","https://openalex.org/W3201680117","https://openalex.org/W4239842064","https://openalex.org/W4242530294","https://openalex.org/W4242744174","https://openalex.org/W4247057443","https://openalex.org/W4249291651","https://openalex.org/W4256717299"],"related_works":["https://openalex.org/W2511703367","https://openalex.org/W390553307","https://openalex.org/W4307731538","https://openalex.org/W3124484872","https://openalex.org/W4210774605","https://openalex.org/W2493092856","https://openalex.org/W1500498538","https://openalex.org/W1838175261","https://openalex.org/W2504331057","https://openalex.org/W1590597267"],"abstract_inverted_index":{"Paradoxically,":[0],"though":[1],"the":[2,8,19,28,38,99,102,140,144,148,156,160,165,169,174,181],"Treaty":[3,40],"on":[4,21,42,137],"European":[5,22,108,170],"Union":[6],"underlines":[7],"power":[9,142],"of":[10,78,101,104,112,115,143,158,162,168,177],"EC":[11,51],"central":[12,52,89,105,116,178],"bankers,":[13],"they":[14],"have":[15,54],"been":[16,55],"neglected":[17],"in":[18,33,96,107,147,155],"literature":[20],"integration.":[23,109],"Central":[24,71],"bank":[25,72,90,117],"independence":[26,73,91],"provides":[27],"key":[29],"connection":[30],"between":[31],"changes":[32],"global":[34],"financial":[35],"markets":[36,63],"and":[37,44,61,64,98,127,173,183],"new":[39,65],"provisions":[41],"economic":[43,163],"monetary":[45],"union":[46],"(EMU).":[47],"In":[48],"recent":[49],"years":[50],"bankers":[53,106,179],"subjected":[56],"to":[57,69,86,133,180,186],"ever":[58],"more":[59],"volatile":[60],"competitive":[62],"political":[66],"pressures":[67],"related":[68],"EMU.":[70],"has":[74,92],"offered":[75],"a":[76],"means":[77],"reconciling":[79],"these":[80],"twin":[81],"changes.":[82],"This":[83],"article":[84],"seeks":[85],"explain":[87],"why":[88],"strengthened":[93],"its":[94],"grip":[95],"Europe":[97],"nature":[100,157],"role":[103,161],"The":[110],"adequacy":[111],"existing":[113],"theories":[114],"behaviour":[118],"is":[119,131],"examined":[120],"\u2010":[121],"public":[122,125],"interest,":[123],"personality,":[124],"choice":[126],"bargaining":[128],"theories.":[129],"Emphasis":[130],"given":[132],"explanations":[134],"that":[135],"focus":[136],"external":[138],"factors:":[139],"structural":[141],"\u2018anchor\u2019":[145],"currency":[146],"exchange":[149],"rate":[150],"mechanism":[151],"(ERM);":[152],"deep\u2010seated":[153],"change":[154],"capitalism;":[159],"crisis;":[164],"policy":[166],"style":[167],"Community":[171],"(EC);":[172],"unique":[175],"relationship":[176],"state":[182],"consequent":[184],"capacity":[185],"pursue":[187],"their":[188],"corporate":[189],"interests.":[190]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":3}],"updated_date":"2026-10-27T15:51:10.671819","created_date":"2016-06-24T00:00:00"}