Projecting from a Fiction: The Case of Denmark and the Financial Crisis

References

• Aagaard , J. 1 July 2010 . “ Finanstilsynet udstiller bankernes ømme punkter ” . In Berlingske Tidende , 1 July , 8 Business .
   Google Scholar
• Aagaard , J. 2011 . Nu må banksektoren konsolidere sig . Berlingske Tidende , 11 June : 4
   Google Scholar
• Aagaard , J. and Hansen , J. C. 2010 . Bankledelser var hovedrystende inkompetente . Berlingske Tidende , 12 August : 10
   Google Scholar
• Abildgren , K. and Thomsen , J. 2011 . En fortælling om to Danske Bank kriser . Danmarks Nationalbanks Monetary Review , Quarter 1, Part 1, pp. 121–40
   Google Scholar
• Arendt , H. 1958 . The Human Condition , Chicago : Chicago University Press .
   Google Scholar
• Arendt , H. 1970 . On Violence , New York : Harcourt, Brace & World .
   Google Scholar
• Baker , A. 2010 . Restraining Regulatory Capture? Anglo-America, Crisis Politics and Trajectories of Change in Global Financial Governance . International Affairs , 86 ( 3 ) : 647 – 63 . (doi:10.1111/j.1468-2346.2010.00903.x)
   Web of Science ®Google Scholar
• Baker , A. 2012 . A Regulatory Gestalt Flip? Transformational Change as Incremental Change in the Emerging Competition over Macroprudential Policy . New Political Economy , doi: 10.1080/13563467.2012.662952
   Google Scholar
• Balkin , J. 1998 . Cultural Software: A Theory of Ideology , New Haven : Yale University Press .
   Google Scholar
• Beckert , J. 1999 . Agency, Entrepreneurs, and Institutional Change: The Role of Strategic Choice and Institutionalized Practices in Organizations . Organization Studies , 20 ( 5 ) : 777 – 99 . (doi:10.1177/0170840699205004)
   Web of Science ®Google Scholar
• Beckert , J. 2011 . Imagined Futures: Fictionality in Economic Action , Cologne : Max Planck Institute for the Study of Societies . MPIfG Discussion Paper 11/ 8
   Google Scholar
• Bentow , D. 2009 . Bankerne får håndfaste grænser for væksten . Berlingske Tidende , 27 December : 3
   Google Scholar
• Bernstein, N. (2010), ‘Speech by Governor Nils Bernstein at Copenhagen Business School’, 22 March. Available from: http://www.nationalbanken.dk/C1256B730054214F/sysOakFil/NBe_tale_CBS_marts2010/$File/NBe_tale_CBS_marts2010.pdf
   Google Scholar
• Bevir , M. 1999 . The Logic of the History of Ideas , Cambridge : Cambridge University Press .
   Google Scholar
• Bloomberg . 2011 . Amagerbanken Senior Bondholders to Suffer Losses . Bloomberg.com , 7 February. Available from: http://www.bloomberg.com/news/2011-02-07/amagerbanken-senior-bondholders-to-suffer-losses-in-bailout.html
   Google Scholar
• Blyth , M. 2002 . Great Transformations. Economic Ideas and Institutional Change in the Twentieth Century , Cambridge : Cambridge University Press .
   Google Scholar
• Blyth , M. 2006 . Great Punctuations: Prediction, Randomness, and the Evolution of Comparative Political Science . American Political Science Review , 100 ( 4 ) : 493 – 8 . (doi:10.1017/S0003055406062344)
   Web of Science ®Google Scholar
• Blyth , M. 2009 . Coping with the Black Swan: The Unsettling World of Nassim Taleb . Critical Review , 21 ( 4 ) : 447 – 65 . (doi:10.1080/08913810903441385)
   Web of Science ®Google Scholar
• Blyth , M. 2010 . “ Ideas, Uncertainty, and Evolution ” . In Ideas and Politics in Social Science Research , Edited by: Béland , D. and Cox , R. H. 83 – 101 . New York : Oxford University Press .
   Google Scholar
• Blyth , M. 2012 . “ This Time it is Really Different: Europe, the Financial Crisis and Staying on Top in the Twenty-First Century ” . In Can the Rich Countries Stay Rich? Edited by: Breznitz , D. and Zysman , J. (forthcoming)
   Google Scholar
• Campbell , J. L. 2010 . “ Institutional Reproduction and Change ” . In Oxford Handbook of Comparative Institutional Analysis , Edited by: Morgan , G. 87 – 115 . New York : Oxford University Press .
   Google Scholar
• Carstensen, M.B. (2011a), ‘Ideas Are Not as Stable as Political Scientists Want Them to Be: A Theory of Incremental Ideational Change’, Political Studies, 59 (3), pp. 596–615.
   Google Scholar
• Carstensen, M.B. (2011b), ‘Paradigm Man vs. the Bricoleur: An Alternative Vision of Agency in Ideational Change’, European Political Science Review, 3 (1), pp. 147–67.
   Google Scholar
• Coleman , W. D. 1996 . Financial Services, Globalisation and Domestic Policy Change , New York : St Martin's Press .
   Google Scholar
• Crouch , C. 2011 . The Strange Non-Death of Neo-Liberalism , London : Polity Books .
   Google Scholar
• DiMaggio , P. J. and Powell , W. W. 1991 . “ Introduction', in P.J. DiMaggio and W.W. Powell (eds) ” . In The New Institutionalism in Organizational Analysis , Edited by: DiMaggio , P. J. and Powell , W. W. 1 – 38 . Chicago and London : University of Chicago Press .
   Google Scholar
• Ejerskov , S. 2009 . “ Pengemarkedet under den finansielle krise og pengeinstitutternes udlånsrente ” . In Danmarks Nationalbanks Monetary Review Quarter 1, pp. 45–54
   Google Scholar
• Engelen , E. 2011 . After the Great Complacency: Financial Reform and the Politics of Reform , Oxford : Oxford University Press .
   Google Scholar
• Engelen , E. 2010 . Reconceptualizing Financial Innovation: Frame, Conjuncture and Bricolage . Economy and Society , 39 ( 1 ) : 33 – 63 . (doi:10.1080/03085140903424568)
   Web of Science ®Google Scholar
• Englund , P. 1999 . The Swedish Banking Crisis: Roots and Consequences . Oxford Review of Economic Policy , 15 ( 3 ) : 80 – 97 . (doi:10.1093/oxrep/15.3.80)
   Web of Science ®Google Scholar
• Espersen , L. 2008a . Minister of Economics and Business Affairs Lene Espersen's Speech at the Annual Meeting of The Danish Bankers Association, 8 December , Copenhagen : Ministry of Economics and Business Affairs .
   Google Scholar
• Espersen , L. 2008b . Synspunkt: Sunde banker til gavn for kunderne . Berlingske Tidende , 23 October, p. 2
   Google Scholar
• Financial Times . 2011a . Concerns Grow over Denmark's Bail-in Rules . Financial Times , 24 May, p. 24
   Google Scholar
• Financial Times . 2011b . Danish Lessons: Costlier Funding is a Normal Consequence of Bail-ins . Financial Times , 27 May : 10
   Google Scholar
• Gabriel , Y. 2000 . Storytelling in Organizations: Facts, Fictions and Fantasies , Oxford : Oxford University Press .
   Google Scholar
• Goul Andersen , J. 2011 . From the Edge of the Abyss to Bonanza – and Beyond. Danish Economy and Economic Policies 1980–2011 . Comparative Social Research , 28 : 89 – 165 . (doi:10.1108/S0195-6310(2011)0000028007)
   Google Scholar
• Grossman , E. and Woll , C. ‘Saving the Banks: The Political Economy of Bailouts’ . paper presented at the 19th International Conference of Europeanists . 22–24 March , Boston .
   Google Scholar
• Habermas , J. 1977 . Hanna Arendt's Communications Concept of Power . Social Research , 44 ( 3 ) : 3 – 24 .
   Google Scholar
• Hall , P. 1993 . Policy Paradigms, Social Learning, and the State: The Case of Economic Policymaking in Britain . Comparative Politics , 25 ( 3 ) : 275 – 96 . (doi:10.2307/422246)
   Web of Science ®Google Scholar
• Hall , P. A. 1986 . Governing the Economy: The Politics of State Intervention in Britain and France , Oxford : Oxford University Press .
   Google Scholar
• Hay , C. 2011 . Pathology without Crisis? The Strange Demise of the Anglo-Liberal Growth Model . Government and Opposition , 46 ( 1 ) : 1 – 31 . (doi:10.1111/j.1477-7053.2010.01327.x)
   Web of Science ®Google Scholar
• Heclo , H. 1974 . Modern Social Policies in Britain and Sweden: From Relief to Income Maintenance , New Haven : Yale University Press .
   Google Scholar
• Knight , F. 1921 . Risk, Uncertainty and Profit , Boston and New York : Kelley .
   Google Scholar
• Konings , M. 2011 . The Development of American Finance , New York : Cambridge University Press .
   Google Scholar
• Lannoo , K. 2011 . The Forest of Basel III Has Too Many Trees . commentary, Centre for European Policy Studies , 10 February. Available from: http://aei.pitt.edu/29747/1/KL%20on%20Basel%20III.pdf
   Google Scholar
• Levi-Strauss , C. 1962/1996 . The Savage Mind , Oxford : Oxford University Press .
   Google Scholar
• Levi-Strauss , C. 1969 . The Raw and the Cooked , New York : Harper and Row .
   Google Scholar
• Lindblom , C. 1959 . The Science of “Muddling Through” . Public Administration Review , 19 ( 2 ) : 79 – 88 . (doi:10.2307/973677)
   Web of Science ®Google Scholar
• Lindblom , C. 1977 . Politics and Markets: The World's Political-Economic Systems , New York : Basic Books .
   Google Scholar
• Lo , A.W. 2012 . Reading about the Financial Crisis: A Twenty-one-Book Review . Journal of Economic Literature , 50 ( 1 ) pp. 151–78
   Web of Science ®Google Scholar
• Lustick , I. 1980 . Explaining the Variable Utility of Disjointed Incrementalism: For Propositions . American Political Science Review , 7 ( 2 ) : 342 – 53 . (doi:10.2307/1960631)
   Google Scholar
• Mahoney , J. and Thelen , K. 2010 . Explaining Institutional Change: Ambiguity, Agency and Power , Cambridge : Cambridge University Press .
   Google Scholar
• March , J. and Simon , H. 1958 . Organizations , New York : John Wiley .
   Google Scholar
• Mayes , D. 2009 . Did Recent Experience of a Financial Crisis Help in Coping with the Current Financial Turmoil? The Case of the Nordic Countries . Journal of Common Market Studies , 47 ( 5 ) : 997 – 1015 . (doi:10.1111/j.1468-5965.2009.02032.x)
   Web of Science ®Google Scholar
• Mills , C. W. 1956/2000 . The Power Elite , New York : Oxford University Press .
   Google Scholar
• Ministry of Economic Affairs . 1995 . Redning af pengeinstitutter siden 1984 , Copenhagen : Ministry of Economic Affairs .
   Google Scholar
• Ministry of Economic Affairs . 1997 . Håndtering af pengeinstitutkriser , Copenhagen : Ministry of Economic Affairs .
   Google Scholar
• Ministry of Economic Affairs . 1999 . Den finansielle sektor efter år 2000 , Copenhagen : Ministry of Economic Affairs .
   Google Scholar
• Ministry of Industry . 1992 . Fremtidens finansielle sektor , Copenhagen : Ministry of Industry .
   Google Scholar
• Mügge , D. 2010 . Widen the Market, Narrow the Competition: Banker Interests and the Making of European Capital Markets , (Colchester: ECPR Press) .
   Google Scholar
• Mügge , D. and Stellinga , B. 2010 . Absent Alternatives and Insider Interests in Post-crisis Financial Reform . Zeitschrift für Public Policy, Recht und Management , 2 : 321 – 38 .
   Google Scholar
• National Bank . 1989 . Beretning og regnskab , Copenhagen : The Danish National Bank .
   Google Scholar
• Pagliari , S. and Young , K. ‘The Wall Street-Main Street Complex? The Role of Financial and Corporate Coalitions in Post-Crisis Financial Regulatory Change’ . paper presented at the Change Agents and Veto Players in Global Economic Governance Workshop, Copenhagen Business School . December 8–9 .
   Google Scholar
• Parsons , C. 2007 . How to Map Arguments in Political Science , New York : Oxford University Press .
   Google Scholar
• Pierson , P. 2000 . Increasing Returns, Path Dependence, and the Study of Politics . American Political Science Review , 94 ( 2 ) : 251 – 67 . (doi:10.2307/2586011)
   Web of Science ®Google Scholar
• Politiken.dk . 2011 . Investorer spekulerer i dansk nedtur . Politiken.dk , 12 December. Available from: http://politiken.dk/erhverv/ECE1476606/investorer-spekulerer-i-dansk-nedtur/ [accessed 13 December 2011]
   Google Scholar
• Porter , T. 2003 . Technical Collaboration and Political Conflict in the Emerging Regime for International Financial Regulation . Review of International Political Economy , 10 ( 3 ) : 520 – 51 . (doi:10.1080/09692290308430)
   Web of Science ®Google Scholar
• Risse , T. 2000 . “Let's Argue!”: Communicative Action in World Politics . International Organization , 54 ( 1 ) : 1 – 39 . (doi:10.1162/002081800551109)
   Web of Science ®Google Scholar
• Schattschneider , E. E. 1975 . The Semi-Sovereign People: A Realist View of Democracy in America , (Boston, MA: Wadsworth Publishing) .
   Google Scholar
• Schmidt , V. A. 2002 . The Futures of European Capitalism , Oxford : Oxford University Press .
   Google Scholar
• Schoenberger , E. 1996 . The Cultural Crisis of the Firm , London : Blackwell .
   Google Scholar
• Schwartz, H. (2004), ‘Down the Wrong Path: Path Dependence, Increasing Returns and Historical Institutionalism’, University of Virginia, mimeo. Available from: http://people.virginia.edu/~hms2f/Path.pdf
   Google Scholar
• Streeck , W. 2011 . The Crisis of Democratic Capitalism . New Left Review , 71 ( Sep-Oct ) : 5 – 29 .
   Google Scholar
• Streeck , W. and Thelen , K. 2005 . Beyond Continuity: Institutional Change in Advanced Political Economies , Oxford : Oxford University Press .
   Google Scholar
• Thelen , K. 1999 . Historical Institutionalism in Comparative Politics . Annual Review of Political Science , 2 : 369 – 404 . (doi:10.1146/annurev.polisci.2.1.369)
   Web of Science ®Google Scholar
• Tsingou , E. 2009 . “ Regulatory Reactions to the Global Credit Crisis: Analyzing a Policy Community under Stress ” . In Global Finance in Crisis. The Politics of International Regulatory Change , Edited by: Helleiner , E. , Pagliari , S. and Zimmermann , H. 21 – 36 . London : Routledge .
   Google Scholar
• Weaver , R. K. 1986 . The Politics of Blame Avoidance . Journal of Public Policy , 6 ( 4 ) : 371 – 98 . (doi:10.1017/S0143814X00004219)
   Google Scholar
• Wendt , P. 2008 . Strukturelle træk i den finansielle sektor før og efter år 2000 . Økonomi & Politik , 81 ( 1 ) : 3 – 13 .
   Google Scholar
• Widmaier , W. W. , Blyth , M. and Seabrooke , L. 2007 . Exogenous Shocks or Endogenous Constructions? The Meaning of War and Crises . International Studies Quarterly , 51 : 747 – 59 . (doi:10.1111/j.1468-2478.2007.00474.x)
   Web of Science ®Google Scholar
• Østrup , F. 1993 . Finansfusionerne i de nordiske lande , Nordiske Seminar- og Arbejdsrapporter 1993: 610 (Copenhagen: The Nordic Council of Ministers)
   Google Scholar
• Østrup , F. 2010 . Det finansielle system , Copenhagen : Thomson Reuters .
   Google Scholar