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Working paper by Dóra Piroska and Vlad Surdea-Hernea.

August 2023. European Chair for Sustainable Development and Climate Transition.

About the authors

Dr. Dóra Piroska is Assistant Professor at the International Relations Department of Central European University, Vienna, Austria. She holds a PhD. from the CEU in Political Science/IR track. Her research focuses on the international political economy (IPE) of banking and finance and development finance. She has a particular interest in the Eastern Central European region. She has published extensively on European financial regulations including the Banking Union, macroprudential regulation, the Regulatory Sandbox for fintech. Recently, she published on development banking in Hungary and Poland, the European Investment Bank (EIB), and the EBRD. She also investigated theories of financial nationalism, financial power, and democracy. She co-edited a book on János Kornai’s scholarship with Miklós Rosta (CEU Press). She published in Review of International Political Economy, JCMS: Journal of Common Market Studies, New Political Economy, Competition and Change, Journal of Economic Policy Reform, Policy and Society, Third World Thematics: A TWQ Journal, Europe-Asia Studies, Journal of European Integration, in thematic volumes with Routledge, Oxford University Press, Edward Elgar, and in several Hungarian outlets.

Vlad Surdea-Hernea is a PhD candidate in Political Economy at the Central European University in Vienna. He holds a Master in Public Policy degree from the Hertie School of Governance.  Vlad’s research, which integrates both quantitative and qualitative methods of causal inference, focuses primarily on understanding long-term patterns of political behaviour, especially in the context of European climate policy.

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