Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking

This article shows that the EU has exerted uneven influence within global regime complex in shadow banking. Why? We seek to explain variation EU’s ability exert across different elemental regimes—those on hedge funds and securitization—in broader over time. In regulation, pursued more stringent international rules, no avail. securitization, been successful promoting lenient regulation at level. focus internal cohesiveness (which can change time) as key explanatory variable.