| Budget Amount *help |
¥1,300,000 (Direct Cost: ¥1,300,000)
Fiscal Year 2006: ¥500,000 (Direct Cost: ¥500,000)
Fiscal Year 2005: ¥800,000 (Direct Cost: ¥800,000)
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| Research Abstract |
Main aim of this research project is to analyze the process of Sterling departure from the ERM in terms of political economics. I have studied particularly about Europeanization of British Politics as core framework concerning this subject. Over the past few years a large number of studies have been made on "Europeanization" which has now turned to be the growth industry in comparative political research about European politics. As far as the central government is concerned, the impact of Europeanization on the British politics is less evident at the systemic, organizational, regulative, and procedural level. While the policy competence has located mainly at EU level, the process of Europeanization is not necessarily a negative one whereby departments of British government lose their autonomy. On the contrary, in certain respects, closer involvement in the EU policy process has actually served to enhance the autonomy in Whitehall such as the DTI, MAF/DEFRA and so on. This shows the process of Europeanization as the reciprocal relationship between national and European levels of governance whereby member states not only 'download ' policy initiatives invoked from the EU, they attempt but also to 'upload' national policy preferences or arrangements to the EU level. However, it is difficult to say the Europeanization of British monetary policy. In order to make clear this problem, we need to make discourse analysis of British economists around the Department of the Treasury as well as the City.
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