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The Governance of Occupational Pension Funds and its Politico-Economic Implications: The Case of Austria

In: The Political Economy of Financial Market Regulation

Author

Listed:
  • Stefan W. Schmitz

Abstract

This book focuses on recent financial market reforms, and their implications for social, economic and political exclusion. In particular it considers the hitherto under-researched question of whose interests govern the design of regulatory mechanisms and who influences the decision-making process. This process is set out as contested terrain, in which there are winners and losers, and in which there are inevitably circles of exclusion. The authors, comprising financial authority experts and academic specialists, expand the concept of exclusion beyond its typical social dimension to incorporate all actors, be they individuals or institutions not permitted to contribute to financial market regulation as a public good. As they point out, this may take the form of political, economic or indeed cultural exclusion. The book examines the conflicts that arise between various interests and how these are managed within the process of regulation.

Suggested Citation

  • Stefan W. Schmitz, 2006. "The Governance of Occupational Pension Funds and its Politico-Economic Implications: The Case of Austria," Chapters, in: Peter Mooslechner & Helene Schuberth & Beat Weber (ed.), The Political Economy of Financial Market Regulation, chapter 9, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:3947_9
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