I was awarded a prize for best paper published in BJPIR (the British Journal of Politics and International Relations) 2013, for my paper entitled, “Speaking to the Markets or to the People? A Discursive Institutionalist Analysis of the EU’s Sovereign Debt Crisis.” The prize was announced at the Political Studies Association Annual International Conference, at the conference dinner on the evening of March 31st, 2015 in Sheffield, UK.
The paper argues that the EU’s sovereign debt crisis is not just economic; it is also political, resulting from the failure of EU leaders to offer solutions that calm the markets and convince the people. These failures stem from problems with EU leaders’ ideas about how to solve the crisis as well as their communication about them. That communication encompasses not just EU leaders talking to one another in negotiations of crisis solutions but also speaking to “the markets’ and to ‘the people’ about those solutions, all of which may interact in perverse ways. My article uses the analytic framework of “discursive institutionalism” to consider the different forms, types, levels, rates and mechanisms of change in ideas followed by the EU leaders’ discursive interactions in the “coordinative” discourse and their “communicative discourse” to the global markets and European publics. It uses a range of country cases, but in particular Germany and France, in illustration.