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  • Author: Gunther Schnabl
  • Publication Date: 10-2019
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: Twenty years after the introduction of the euro, the European Monetary Union (EMU) is at its crossroads. Following the outbreak of the European financial and debt crisis in 2008, the European Central Bank (ECB) took comprehensive measures to stabilize the common currency. Interest rates were cut to and below zero and several asset purchase programs have inflated the ECB balance sheet (Riet 2018). Within the European System of Central Banks, large imbalances have emerged via the TARGET2 payments system, which can be seen as quasi-unconditional credit in favor of the southern euro area countries (Sinn 2018). While the ECB terminated its asset purchase program at the end of 2018 and is expected to increase interest rates in late 2019, financial instability is reemerging. Growing uncertainty about the fiscal discipline of the Italian government has triggered a significant increase in risk premiums on Italian government bonds. In particular, in Italy and Greece, but also in Germany, bad loans and assets remain stuck in the banking systems. In the face of the upcoming downswing, European banks do not seem ready for new financial turmoil. In this fragile environment, the future path of the EMU is uncertain. To enhance the stability of the EMU, a group of German and French economists has called for a common euro area budget, for a strengthening of the European Stability Mechanism as lender of last resort for euro area countries and banks, as well as for a common European deposit insurance scheme (Bénassy-Quéré et al. 2018). In response, 154 German economists have warned against transforming the EMU into what they call a “liablity union,” which systematically undermines market principles and wealth (Mayer et al. 2018). In 2018, a French-German initative to introduce a common euro area budget faced strong opposition from a group of northern European countries as well as from Italy, symbolizing the political deadlock concerning reforms of the EMU. This article explains the different views on the institutional setting of monetary policymaking in Europe from a historical perspective. It begins with a description of the economic and monetary order in postwar Germany. It then discusses the positive implications for the European integration process and the economic consequences of the transformation of postwar German monetary order. The final section offers some economic policy recommendations.
  • Topic: Economics, History, Monetary Policy, Reform, European Union, Banks, Currency
  • Political Geography: Europe, Germany
  • Author: Ioannis Salavrakos
  • Publication Date: 08-2019
  • Content Type: Journal Article
  • Journal: Journal of Military and Strategic Studies
  • Institution: Centre for Military, Security and Strategic Studies
  • Abstract: he paper challenges the view that the fall of France in June 1940 is attributed to military errors of the French High Command and with the brilliant German offense in the Ardennes. The paper highlights that the French security strategy after the end of World War I failed because the country lacked the economic basis to implement its strategy. Thus the paper argues that the French endorsed an internal and external balancing strategy against Germany. The internal balancing strategy was associated with the ability of France to sustain powerful armed forces and obviously this was associated with high defense spending and a strong economy. The second part was associated with external balancing which was associated with the creation of alliances in Eastern Europe in order to block any German expansion. Again this was associated with strong economic relations between France and these states. This strategy was implemented during the 1919-1929 period however after the global economic crisis erupted the deterioration of the French economy made the continuation of this strategy impossible. Thus France was forced to follow a defensive strategy at the military level and the privileged bilateral economic relations with Eastern European countries were abolished and Germany replaced France as the major economic and trading partner of these states.
  • Topic: Economics, Regional Cooperation, Military Strategy, World War II
  • Political Geography: United Kingdom, Europe, France, Germany
  • Author: Özgün Sarimehmet Duman
  • Publication Date: 09-2019
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: International Relations Council of Turkey (UİK-IRCT)
  • Abstract: This article offers an inquiry into the increasing importance of privatisation policies in the European Union (EU). It evaluates the emphasis on international competitiveness and market efficiency to offer a comparative analysis of commodification, marketisation, liberalisation and privatisation policies in the pre- and post-crisis EU. It states that the EU introduced new mechanisms to explicitly promote privatisation policies in its member states after the Eurozone crisis. The article concludes that the EU’s lead in privatisation has functioned as a disciplinary mechanism for the member states to introduce and implement extensive privatisation policies. The EU has tended to consolidate neoliberalism through privatisation after the Eurozone crisis.
  • Topic: Economics, Privatization, Financial Crisis, European Union, Neoliberalism
  • Political Geography: Europe
  • Author: Keith C. Smith
  • Publication Date: 02-2019
  • Content Type: Journal Article
  • Journal: American Diplomacy
  • Institution: American Diplomacy
  • Abstract: President Boris Yeltsin’s imperial views on the “near abroad,” and President Vladimir Putin’s regarding Russia’s alleged “sphere of influence” has left Russia considerably weaker than it would have been otherwise, and the world much more endangered.
  • Topic: Arms Control and Proliferation, Cold War, Diplomacy, Economics, Politics, Armed Forces, Reform, Gas
  • Political Geography: Russia, Europe, Ukraine, Soviet Union, Germany, Estonia, Latvia, United States of America, Baltic States
  • Author: Dimitris Keridis
  • Publication Date: 10-2018
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: International Relations Council of Turkey (UİK-IRCT)
  • Abstract: The migration and refugee crisis that erupted in 2015 landed recession riven Greece with a series of humanitarian, political, social, and financial as well as foreign policy and security challenges. Following a near disastrous open-borders policy steeped in leftist ideological parochialism, Athens aligned itself closely with Germany in support of the EU-Turkey deal that drastically reduced the human flows from Turkey into the EU and invited NATO naval forces to help monitor the implementation of the agreement. This paper is structured around two parts: the first part describes the immigration and refugee crisis itself, from a global, European and national-Greek perspective; the second part analyzes the risks to and policy responses of Greece and how they relate to the country’s overall geostrategic position, at a time when Europe is being redefined as it struggles to respond to a multitude of challenges.
  • Topic: NATO, Economics, Migration, Refugees
  • Political Geography: Europe, Turkey, Greece
  • Author: Marilena Koppa
  • Publication Date: 10-2018
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: International Relations Council of Turkey (UİK-IRCT)
  • Abstract: This article explores the role of Greece in the Balkans since the end of Communism and the impact of the sovereign debt crisis that followed. Since the beginning of the 1990s, while Greece failed to accomplish its vocation at the political level, at the level of the economy the country acted as an important regional actor. The article examines the dynamics of the Greek crisis on the Balkan economies and analyses the major challenges for Greece in this new reality. At the same times, it tries to identify the triple crisis faced currently by Greece: at the level of credibility and status, at the level of mediation between the region and the EU and, finally, at the level of the gradual peripherisation of the country.
  • Topic: Debt, Economics, Migration, European Union, Crisis Management
  • Political Geography: Europe, Greece, Balkans
  • Author: Constantine A. Papadopoulos
  • Publication Date: 10-2018
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: International Relations Council of Turkey (UİK-IRCT)
  • Abstract: The central argument of this essay is that, in order to understand the reasons behind the Greek economy’s inability to recover sooner from its 8-year recession, analysis must focus on the institutional, political and cultural traits of the country rather than take a primarily “economistic” approach and simply blame “excessive austerity” and/or the euro. In fact, it will be argued that Greece’s positive performance under the euro (until government actions derailed the economy) is generally underappreciated, suggesting that if the country’s institutional weaknesses are addressed, the economy will grow. If they are not, the country’s long-term economic potential will almost certainly remain unfulfilled.
  • Topic: Debt, Economics, Financial Crisis, Reform, Global Financial Crisis, Austerity
  • Political Geography: Europe, Greece
  • Author: Robert Cox
  • Publication Date: 09-2018
  • Content Type: Journal Article
  • Journal: American Diplomacy
  • Institution: American Diplomacy
  • Abstract: The Europe-US relationship is based on two pillars: a belief in and a promotion of a rules-based international order; a shared set of common values. Both of these pieces of mortar are crumbling. But the partners are not yet in the divorce court. Meanwhile Europeans increasingly sense that their familiar and otherwise comfortable world has gone.
  • Topic: International Relations, Economics, European Union, Brexit
  • Political Geography: Europe, North America, United States of America
  • Author: Jefferey Bleich
  • Publication Date: 03-2017
  • Content Type: Journal Article
  • Journal: The Ambassador's Review
  • Institution: Council of American Ambassadors
  • Abstract: We grew up in a century defined by the Second Industrial Revolution. Today, that revolution is being eclipsed by a Digital Revolution. The uncertainty that we are experiencing in every aspect of our society is the same disorientation that occurred between 1870 and 1910 when the first Industrial Revolution ended and a second one began. It eventually vaulted nations like America and Australia to the top of the world order. But it also produced the Gilded Age, labor unrest, mass migrations, the Great Depression and two world wars. That era is closing, and we are now experiencing the new great dis­ruption that Silicon Valley promised. Digital technology—while solving crucial problems—is creating or compounding others. It has outstripped the capacity of government to control it and amplified the collapse of public confidence in democratic governments. It has inflamed rivalries between those who benefit and those who don’t. It has undermined standards—of altruism and of civility—that are necessary for us to find common ground. To appreciate this, we have to see where we’ve come from. A hundred and fifty years ago, we went through the same thing. Changes in technology revolutionized media, global integration and demographics. The changes were profound. In 1879, during a three-month period, both the electric light and a workable internal combustion engine were invented. Those two inventions alone produced over the next 40 years a dizzying number of new technologies. The telephone, phonograph, motion pictures, cars, airplanes, elevators, X-rays, electric machinery, consumer appliances, highways, suburbs and supermarkets—all were created in a 40-year burst from 1875 to 1915. Technology fundamentally transformed how people live. We’ve known for a while that the structures created by this Second Industrial Revolution were running their course, at least in advanced economies, and that it was being replaced by a new revolution, the digital revolution. Recently, the pace of these advances has started to build exponen­tially, and the pressure has been mounting. Everyone who has had to throw out their CD player for a DVD player for an iPod for an iPhone for Spotify knows what I mean. Further, the pace at which our world is being changed just keeps accelerating. Every year a new massive theory of disruption emerges: “the digital economy,” “the social network,” “the Internet of things,” “sharing economy” and “big data.” Last year, “machine learning”—where machines teach themselves things we do not know—was the buzzword. The word in Silicon Valley this year is “singularity”—where our species itself is altered by technology (gene-editing, bionics, artificial intelligence), creating a new hybrid species.
  • Topic: Economics, Education, Digital Economy, Higher Education, Digital Revolution
  • Political Geography: United States, Europe, Australia, North America
  • Author: Edmund S. Phelps
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: In his most recent tome, Edmund Phelps, the 2006 Nobel Laureate in Economic Science, addresses a topic crucial to successful national capitalist systems: the dynamics of the innovation process. Phelps develops his thesis around three main themes: In part one, he explains the development of the modern economies as they form the core of early—19th century societies in the West; in part two, he explores the lure of socialism and corporatism as competing systems to modern capitalism; and, in part three, he reviews post-1960s evidence of decline in dynamism in Western capitalist countries.
  • Topic: Economics
  • Political Geography: United States, Europe
  • Author: Canan Balkir, İlkay Südaş
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: As a country in transition from emigration to immigration, Turkey hosts many diverse migrant groups, creating a very dynamic research field to explore. Amongst them, European retirees have settled in the coastal Turkish Riviera. This paper tries to understand the perspectives of both retired EU migrants and local hosts on migration and settlement processes. After briefly describing the geographical distribution of EU citizens in Turkey, the paper focuses on the demographic characteristics and socio-economic integration of retired migrants in Antalya, the most popular destination in Turkey.
  • Topic: Economics
  • Political Geography: Europe, Turkey
  • Author: Susan Beth Rottmann
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: In conversation with recent work on transnational social fields, this article explores how Germany and Turkey are linked through a “set of multiple, interlocking, networks of social relationships” . The article examines how the social field affects migrants returning from Germany to Turkey. Specifically, it describes how the transnational social field emerges through a concrete set of economic, political and cultural exchanges. It also illustrates that the social field is a space of imaginations of Germany and Turkey, reflecting and producing citizens' uncertainties about the “Europeanness”. For German-Turkish return migrants, the transnational social field exacerbates conflicts with non-migrants and fosters anxieties about migrants' “Germanization” and loss of “Turkishness.” Ultimately, this research shows that Turkish citizens remain deeply concerned about the meaning of modernity, Muslim citizenship in Germany, and Turkey's current and future position in Europe.
  • Topic: Economics
  • Political Geography: Europe, Turkey, Germany
  • Author: Emilian Kavalski
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: The discussion of China's growing prominence in international life has attracted the increasing attention of policy-makers, the public and scholars alike. Usually sidelined by the mainstream, such interest in China's role and position in global politics has grown exponentially in the context of the deepening concomitant economic, social and political crises across Europe and North America – which, until very recently, were considered the traditional locales of power and influence in world politics. Indicative of the emerging weight and significance of non-Western actors on the global stage, the trend set by China seems to challenge the conventional framework of the study and practice of International Relations (IR).
  • Topic: International Relations, Economics
  • Political Geography: China, Europe, North America
  • Author: Ondrej Ditrych
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The crisis in Ukraine has turned the tables of the post-Cold War relationship between the United States and Russia. The ongoing transformation can result in a number of outcomes, which can be conceived in terms of scenarios of normalisation, escalation and 'cold peace' - the latter two scenarios being much more probable than the first. NATO ought to shore up its defences in Central and Eastern Europe while Washington and its allies engage in a comprehensive political strategy of 'new containment'. This means combining political and economic stabilisation of the transatlantic area with credible offers of benefits to partners in the East and pragmatic relations with Russia which are neither instrumentalised (as was the case with the 'reset') nor naïvely conceived as a 'partnership'.
  • Topic: International Relations, NATO, Cold War, Economics
  • Political Geography: Russia, United States, Europe, Washington, Ukraine
  • Author: Daniel V. Speckhard
  • Publication Date: 09-2015
  • Content Type: Journal Article
  • Journal: Ambassadors Review
  • Institution: Council of American Ambassadors
  • Abstract: After serving for two challenging years in the chaos of a war zone as the Deputy Chief of Mission in Iraq, I received word that I would become the next Ambassador to Greece. To be quite honest, I had mixed feelings. I looked forward to the challenge, but I imagined the post would be too sedate compared with the adrenalin-charged days and world-shaping events in Iraq. It was anything but. Within a year of my arrival, the streets were aflame with violent protests over a police shooting of a teenager. A year later, snap elections brought a socialist government to power. And soon thereafter, the onion was further peeled to expose a financial crisis and a crumbling economic foundation built on a corrupt, oligarchic, and debt-addicted system fed by billions of dollars of public and private EU loans and grants.
  • Topic: Corruption, Economics, Politics, Financial Crisis, European Union
  • Political Geography: Europe, Greece
  • Author: James Costos
  • Publication Date: 09-2015
  • Content Type: Journal Article
  • Journal: The Ambassador's Review
  • Institution: Council of American Ambassadors
  • Abstract: Helping entrepreneurs grow their businesses and achieve their full potential is in the interest of anyone who wants to foster prosperity worldwide—that’s why it’s an Obama administration priority. Growth anywhere does some good everywhere, and the fact is that entrepreneurs create jobs and drive economic growth both at home and abroad. In the United States, 40 percent of our $17 trillion economy is generated by companies that did not even exist 20 years ago. Two-thirds of our 65 months of consecutive job growth is driven by small businesses. The owners of those businesses—28 million and growing—employ over half of America’s workforce. As our missions work to expand the global economic recovery, one of the most effective tools we have at our disposal is the promotion of entrepreneurship—a quintessential American value. By deepening the connections between the entrepreneurial ecosystems of the United States and our partners overseas, we can grow our economies, create jobs, and support businesses that will have lasting impact and create prosperity. The good news is that this is easy to do, because the world is more interconnected than ever before. We benefit from unprecedented opportunities to help entrepreneurs access the capital, resources, and networks they need to succeed. We also have the strong support and leader­ship of President Obama, who is personally committed to promoting entrepreneurship worldwide. Spain is a country with a strong and growing entrepreneurial spirit, a plethora of talent, and solid business networks. Although it is starting to emerge from economic crisis, there is still much work to be done to ensure Spain’s continued recovery. The United States Mission is doing its part to consolidate the country’s economic progress by helping a new generation of entrepreneurs achieve their full potential, and generate jobs and eco­nomic growth. We have established a strong partnership with TeamLabs, an organization that teaches the concept of entrepreneurship and engages with thousands of high school students across all regions of Spain. We have produced animated videos for youth called You®Company which tell real life stories of Spanish and US entrepreneurs while exploring the values of motivation, innovation, corporate social responsibility, failure, and critical thinking. We have also organized an Alumni Mentoring Program that we use to link up business leaders, prominent entrepreneurs, and alumni of United States Embassy exchange programs to coach aspiring entrepreneurs and help them build their network of contacts. This past June, we took our entrepreneurship programs to a new level with the launch of IN3 (IN-cubed)—Innovators, Investors, and Institutions—in partnership with Google and Chamberi Valley, a Spanish entrepreneurship association. Aimed at promoting entre­preneur­ship and investment in Spain, IN3 was the first community event hosted at Campus Madrid, one of only a handful of Google spaces around the world where entrepre­neurs can learn, connect, and build companies that will change the world. In August 2015, the International Monetary Fund released a report stating that Spain has more obstacles to entrepreneurship than any other European country. IN3 directly addressed these challenges by bringing together Spanish and American innovators, investors, and institutions to discuss common challenges and solutions for scaling-up interna­tional companies. The event provided Spanish entrepreneurs the opportunity to hear from leading US counterparts and tech investors on how to overcome institutional and investment challenges that inhibit business growth. It also offered US entrepreneurs the chance to explore areas of potential collaboration with their Spanish counterparts and learn from their experiences expanding into other European and Latin American markets. It provided a forum where entrepreneurs and policymakers exchanged ideas on the best ways to promote the creation of new businesses and help successful companies grow. Finally, it allowed US and Spanish innovators the opportunity to discuss their experiences with senior Spanish government officials. Through these interactions, IN3 helped to equip entrepre­neurs with the tools they need to overcome the challenges of expanding their businesses—from finance, to mentorship, to regulations. I was honored to be joined at IN3 by the Administrator of the United States Small Business Administration Maria Contreras-Sweet, Google Executive Chairman Eric Schmidt, His Majesty King Felipe VI of Spain, and leaders from the Spanish government. With their support, we elevated the importance of entrepreneurship and the crucial role entrepreneurs play in driving growth and creating jobs in Spain. Our message reached an audience of 53 million people in Spain through local media exposure, another 3.25 million on Twitter, and became a top-trending topic on US social media. Not only did the conference promote entrepreneurship and bilateral investment opportunities to a diverse audience, but IN3 generated real investment and new business growth for Spanish and US firms. For example, Opinno, the consulting and events firm that produced IN3, established new ties with US design thinking firms and academic institutions and plans to partner with these organizations to propel their international expansion. Several new investments were made in small and medium-sized Spanish companies, totaling hundreds of thousands of dollars, and the Embassy continues to hear of additional business sparked by the conference.
  • Topic: Economics, Entrepreneurship, Recovery, IMF
  • Political Geography: United States, Europe, Spain, North America
  • Author: Susan G. LeVine
  • Publication Date: 09-2015
  • Content Type: Journal Article
  • Journal: The Ambassador's Review
  • Institution: Council of American Ambassadors
  • Abstract: One of the core priorities for the State Department and for the Obama administration overall is shared prosperity because, as Secretary Kerry frequently points out, “Economic policy is foreign policy.” The United States firmly believes that, by growing bilateral economic ties, the United States as well as the host country will prosper. The metrics around our economic relationship with Switzerland are a perfect example of that: Switzerland is one of the top ten foreign direct investors in the United States and number one in research and development; the United States has been the largest growth market for Swiss exports over the past five years; and Swiss companies generate almost half a million jobs in the United States—really great jobs with an average salary of $100,000 per year. With those ties in mind, I set out to meet with Swiss companies of all kinds to understand how they do business in Switzerland and how to deepen their investment in the United States. What I learned in the course of that exploration will, I believe, profoundly and positively affect both countries economically, and also have a positive effect on the world.
  • Topic: Foreign Policy, Diplomacy, Economics, Economic Cooperation, Job Creation
  • Political Geography: United States, Europe, Switzerland, North America
  • Author: Emel Elif Tugdar
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: The term “indigenous” refers to the ethnic minorities within a state but without a state. Generally, the indigenous groups are located across neighboring states. The Roma people in Europe are one of the significant examples of indigenous people that are located across Central and Eastern European states without a state of their own. As the indigenous groups have unique social, cultural, economic and political characteristics, they are distinct from those of the society in which they live. Their language, knowledge systems and beliefs differ from the society as well. Due to their cultural differences, the diverse indigenous peoples share common problems also related to the protection of their rights. They strive for recognition of their identities, their ways of life and their right to political representation and participation. As a result, a special set of political rights have been set to protect them by international organizations such as the United Nations. The United Nations have issued a Declaration on the Rights of Indigenous Peoples to guide state policies in order to protect the collective rights of indigenous peoples, such as their culture, identity, language, and access to employment, health, education and natural resources.
  • Topic: Economics, Politics, United Nations
  • Political Geography: Russia, Europe
  • Author: Ivana Tomovska Efremov
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: As an editor Bekemans presents to academic readers a rich collection of essays initially presented at the international workshop 'Cultural and Value Roots for Intercultural Dialogue in a European Context' held in October 2011 at the University of Padua under the auspices of the Jean Monet Centre. The essays presented at the conference and published a year latter provide to the reader an excellent overview of the topic and capture the engaging academic discourse that took place at the conference. The book aims to define the set of values that in turn define European identity. It also poses very important questions, such as what is the common set of 'core values', how to maintain and enrich those values in the face of globalization, multiculturalism and economic crises and how to work across institutions to promote and preserve those values.
  • Topic: Economics, Globalization
  • Political Geography: Europe
  • Author: Francesca Romana Bastianello
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: At a moment when the European Union is having an identity crisis, it is pertinent to remember the motivations, and the efforts of the men who dedicated their lives to its creation and who established the means and the organizations necessary to involve the citizens in the bottom-up part of this process. This book focuses on the role played by local authorities, the first to use the establishment of twinning – the development of cultural, political and economical bonds between two cities or villages belonging to different nations – as a parameter of real international policy and to view it as an essential phase of the establishment of a united Europe.
  • Topic: International Relations, Development, Economics, Politics
  • Political Geography: Europe
  • Author: Sir Richard Jolly
  • Publication Date: 09-2014
  • Content Type: Journal Article
  • Journal: Ethics & International Affairs
  • Institution: Carnegie Council
  • Abstract: As of 2007 the world economy has been caught in the worst crisis since the 1930s. Yet after two years of only partly successful efforts to mobilize and coordinate global action of financial control and stimulus, ending with the G-20 meeting of March 2009, responsibility for corrective economic initiatives has essentially been left to individual countries, supported by the International Monetary Fund (IMF) and the European Union (EU). Moreover, such support has been usually conditional on countries following financial policies of tough austerity. The United States took some actions to stimulate its economy, but by many accounts these were insufficient. Most of Europe has not even attempted stimulus measures and has been in a period of economic stagnation, with falling real incomes among the poorest parts of the population. Although some signs of “recovery” have been heralded in 2013 and 2014, growth has mostly been measured from a lower base. There is little evidence of broad-based economic recovery, let alone improvements in the situation of the poor or even of the middle-income groups.
  • Topic: Economics, Governance
  • Political Geography: United States, Europe, Asia
  • Author: Harold James
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Institution: Chatham House
  • Abstract: A spectre is haunting the world: 1914. The approaching centenary of the outbreak of the First World War is a reminder of how the instability produced by changes in the relative balance of power in an integrated or globalized world may produce cataclysmic events. Jean-Claude Juncker, the veteran Prime Minister of Luxem-bourg and chair of the Eurogroup of finance ministers, started 2013 by warning journalists that they should take note of the parallels with 1913, the last year of European peace. He was referring explicitly to new national animosities fanned by the European economic crisis, with a growing polarization between North and South. Historically, the aftermath and the consequences of such cataclysms have been extreme. George Kennan strikingly termed the 1914–18 conflict 'the great seminal catastrophe of this century'. Without it, fascism, communism, the Great Depression and the Second World War are all almost impossible to imagine.
  • Topic: Conflict Resolution, Communism, Economics, Politics, War
  • Political Geography: Europe
  • Author: Azzam Tamimi
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: During the months leading up to July 3, 2013, the state of Egypt mirrored that of Chile 40 years ago. What Egypt's Mohamed Mursi and Chile's Salvador Allende shared was the misfortune of coming to power with a relatively large majority and an adamant refusal to surrender. While there is no evidence of U.S. involvement in the process, America and its allies in the European Union have refrained from calling what happened in Egypt a coup. Egypt – much like Chile – will likely return to the path of democracy, though after considerable time and effort, and a projected roadmap that will likely generate further economic hardship and instability.
  • Topic: Economics
  • Political Geography: Europe, Egypt, Chile
  • Author: Özge Zi̇hni̇oğlu
  • Publication Date: 10-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: The EU has been successfully exercising its conditionality as a key aspect of its enlargement strategy since the 1990s. However, with no accession prospect in sight and the perceived lack of credibility and consistency of the EU's conditionality, Turkey's already unequal partnership with Europe has been thrown further off balance. This article argues that this is not the case, as the EU retains its leverage over Turkey, even in the absence of factors that are known as central to the successful implementation of the EU's conditionality. This article suggests two main reasons. First, despite the rhetoric on the interdependence of Turkish and the EU economy, this interdependence is not on equal footing and the Turkish economy is heavily dependent on the EU. Second, there is rising concern in Turkey over free trade talks between the EU and the United States, with its potential impact on the Turkish economy.
  • Topic: Foreign Policy, Economics
  • Political Geography: United States, Europe, Turkey
  • Author: Susannah Verney
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The Greek election of May 2012 failed to produce a government, resulting in repeat elections six weeks later. This shock outcome was a symptom of a broader delegitimation of the national political system. Over the past decade Eurobarometer data show a much more extensive loss of confidence in political institutions in Greece than in the European Union as a whole. In a first phase, rising political discontent was managed within the traditional political framework through alternation in power between the two major parties. In contrast, the second phase, following the outbreak of the Greek sovereign debt crisis, led to the dramatic fragmentation of the party system and changed the mode of government formation. This process is not reversible and entails serious democratic dangers.
  • Topic: Debt, Economics, Government
  • Political Geography: Europe, Greece
  • Author: Lorenzo Mosca
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The enduring economic crisis, austerity measures and corruption scandals have created a favourable environment for the advent of new political actors all over Europe. During the last general elections (February 2013), Italy was shocked by the inexorable rise of the Five Star Movement. Beppe Grillo's creature upset the political system, occupying portions of the public sphere that had been ignored (the web) or gradually abandoned by traditional political parties (the squares). Its unusual campaigning style, its internet-based organisational structure, its atypical political positioning (beyond left and right), and its oversimplification of complex problems all help to explain its electoral performance, and distinguish it from similar anti-establishment parties that have emerged in Europe over the past decade.
  • Topic: Corruption, Economics, Environment
  • Political Geography: Europe, Italy
  • Author: Daniel S. Hamilton
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The United States is currently negotiating two massive regional economic agreements, one with 11 Asian and Pacific Rim countries and the other with the 28-member European Union. The Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) herald a substantial shift in US foreign economic policy as Washington turns its focus from the stalemated Doha Round of multilateral trade negotiations and scattered bilateral trade agreements to 'mega-regional' trade diplomacy. As the only party to both negotiations, Washington seeks to leverage issues in one to advance its interests in the other, while reinvigorating US global leadership.
  • Topic: Diplomacy, Economics
  • Political Geography: United States, Europe, Washington, Asia
  • Author: Mette Eilstrup-Sangiovanni
  • Publication Date: 06-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: Fifteen years ago, the European Union (EU) launched a Common European Security and Defence Policy (CSDP). Since then, the CSDP has been the focus of a growing body of political and scholarly evaluations. While most commentators have acknowledged shortfalls in European military capabilities, many remain cautiously optimistic about the CSDP's future. This article uses economic alliance theory to explain why EU member states have failed, so far, to create a potent common defence policy and to evaluate the policy's future prospects. It demonstrates, through theoretical, case study-based and statistical analysis, that CSDP is more prone to collective action problems than relevant institutional alternatives, and concludes that the best option for Europeans is to refocus attention fully on cooperation within a NATO framework.
  • Topic: Security, NATO, Economics
  • Political Geography: Europe
  • Author: Arthur A. Stein
  • Publication Date: 01-2014
  • Content Type: Journal Article
  • Journal: International Relations of the Asia-Pacific
  • Institution: Japan Association of International Relations
  • Abstract: This paper challenges the conventional wisdom that US power and preferences following World War II led to bilateralism in Asia and multilateralism in Western Europe. It argues that the challenges facing the United States in both regions were similar, as were US policies meant to address them. With some lag, the United States supported the economic recovery of the regional powers it had defeated (Germany and Japan), saw the restoration of regional trade as a prerequisite, sought military bases to assure postwar security, and envisioned rearming its former foes as part of its security strategy. The outcomes in the two regions reflected the preferences and reservations of regional actors. The critical differences between the regions were structural. The existence of middle powers was critical in Europe, the return of colonial powers to Asia precluded regional arrangements in the short term, and geostrategic differences shaped the requisites for regional security.
  • Topic: Economics, War
  • Political Geography: United States, Europe, Asia
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Prost, Brazil! Grab a stein-full of caipirinha and stroll down to Ipanema beach in your lederhosen—it's Germany-Brazil Year in Brazil. The yearlong festival, aimed at deepening German-Brazilian relations, kicked off in May with the opening of the German-Brazilian Economic Forum in São Paulo. “Brazil is one of the most successful new centers of power in the world,” says Guido Westerwelle, Germany's foreign minister. “We want to intensify cooperation with Brazil, not only economically but also culturally.” It's no surprise that Brazil, the sixth-largest economy in the world, has caught the attention of Europe's financial powerhouse. Brazil is Germany's most important trading partner in Latin America, accounting for $14.2 billion in imports in 2012. With some 1,600 German companies in Brazil providing 250,000 jobs and 17 percent of industrial GDP, it's an economic relationship that clearly has mutual benefits.
  • Topic: Security, Economics, Environment
  • Political Geography: United States, New York, Europe, Brazil, Germany, Mexico
  • Author: Harris Dellas
  • Publication Date: 10-2013
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: The entry of Greece into the euro zone in 2001 was widely expected to mark a transformation in the country's economic destiny. During the decade of the 1980s, and for much of the 1990s, the economy had been saddled with double-digit inflation rates, double-digit fiscal deficits (as a percentage of GDP), large current-account imbalances, very low growth rates, and a series of exchange rate crises. Adoption of the euro—the value of which was underpinned by the monetary policy of the European Central Bank (ECB)—was expected to produce a low-inflation environment, contributing to lower nominal interest rates and longer economic horizons, thereby encouraging private investment and economic growth. The elimination of nominal exchange-rate fluctuations among the former currencies of members of the euro zone was expected to reduce exchange rate uncertainty and risk premia, lowering the costs of servicing the public sector debt, facilitating fiscal adjustment, and freeing resources for other uses.
  • Topic: Economics
  • Political Geography: Europe
  • Author: Wolfgang Munchau
  • Publication Date: 10-2013
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: It was one of the author's predictions in 1998 that the euro zone would end up teaching us more about economics compared to what economics could teach us about the euro zone. While many of the author's predictions of that year did not hold, including the forecast that the euro would challenge the dollar as the world's foremost reserve currency, this particular prediction ultimately turned out to be correct. A monetary union is a hybrid between a fixed exchange rate system and a unitary state, one that is fully captured neither with closed-economy macro models nor classical international macro models of fixed exchange rates.
  • Topic: Economics
  • Political Geography: Europe
  • Author: Daniel W. Drezner
  • Publication Date: 06-2013
  • Content Type: Journal Article
  • Institution: Chatham House
  • Abstract: Why the US still dominates the world of innovative ideas
  • Topic: Economics
  • Political Geography: United States, America, Europe
  • Author: Peter Brezáni, Tomás Strázay
  • Publication Date: 12-2013
  • Content Type: Journal Article
  • Journal: International Issues: Slovak Foreign Policy Affairs
  • Institution: Slovak Foreign Policy Association
  • Abstract: The twenty-first century began with a vastly unprecedented approach which broke the pattern of EU group enlargements. Three candidates from three different geographical areas of Europe, and with rather divergent political and economic backgrounds, began negotiations with the EU on their future accession: Croatia as a pioneer from the post-war region of the Western Balkans, Turkey as the oldest candidate country (having applied for EU membership in 1987), and Iceland, one of the remaining EFTA states and a member of the European Economic Area. The latest version of the EU's Enlargement Strategy lists all the European states which could be considered for EU membership in the foreseeable future. As Iceland has recently put its accession negotiations on hold, this article focuses on the Western Balkan region and Turkey, giving an overview of some of the specifics of the EU accession process and the actual status of the negotiations under way. Any forecast concerning future EU enlargements with a time horizon of at least ten years from now should consider first of all these countries, with other European states eligible for EU membership being considered only afterward.
  • Topic: Economics
  • Political Geography: Europe, Turkey, Balkans, Iceland
  • Author: Kal Raustiala, Christopher Sprigman
  • Publication Date: 07-2013
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: Given that Chinese counterfeiting has benefits as well as costs, and considering China's historical resistance to Western pressure, trying to push China to change its approach to intellectual property law is not worth the political and diplomatic capital the United States is spending on it.
  • Topic: Economics, Law
  • Political Geography: United States, China, Europe
36. Left Out
  • Author: Henning Meyer
  • Publication Date: 12-2013
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: When the global financial crisis hit in 2008, social democrats in Europe believed that their moment had finally arrived. After a decade in which European politics had drifted toward the market-friendly policies of the right, the crisis represented an opportunity for the political center left's champions of more effective government regulation and greater social justice to reassert themselves.
  • Topic: Economics, Government
  • Political Geography: United States, Europe, France, Denmark, Slovakia
  • Author: Jean-Marc Trouille
  • Publication Date: 04-2013
  • Content Type: Journal Article
  • Journal: German Politics and Society
  • Institution: German Politics and Society Journal
  • Abstract: Economy and industry have traditionally been major stakes within the Franco-German relationship. This article examines French and German economic and industrial relations, and their importance for these countries' joint leadership in Europe. It investigates the level of economic interdependence and of macroeconomic convergence between the two largest Eurozone economies, industrial cooperation between French and German companies, discrepancies in their trade relations and investment flows, divergences in their respective economic and industrial policies, and the dichotomy between partnership and rivalry in their long-standing relationship. Finally, this article assesses the risk of increasing fiscal and industrial imbalance between the two economies and draws conclusions on its implications for the Franco-German entente in Europe.
  • Topic: Economics
  • Political Geography: Europe, France, Germany
  • Author: Jakub Grygiel
  • Publication Date: 08-2013
  • Content Type: Journal Article
  • Journal: The National Interest
  • Institution: Center for the National Interest
  • Abstract: THE EUROPEAN Union's unfolding crisis tends to be seen as purely economic in nature and consequence. The EU is a common market, with a common currency adopted by most of its members and with fiscal problems of one kind or another facing almost all of its capitals. Most analyses of the euro crisis focus, therefore, on the economic and financial impact of whatever “euro exit” may occur or of a European fiscal centralization. In the worst case, they project a full-fledged breakup of the common currency and perhaps even the EU itself. Not much can be added to this sea of analysis except a pinch of skepticism: nobody really knows the full economic impact, positive or negative, of such potential developments. In fact, not even European leaders seem to have a clear idea of how to mitigate the economic and political morass of the Continent. While it is certain that the EU of the future will be different, it isn't clear just how. If we look at the current situation of the EU from a security perspective, however, it becomes much more difficult to foresee any long-term positive outcome. That's because the euro troubles of today will have powerful negative effects on the security of the region, resulting in challenges that will preoccupy Europeans as well as Americans in the years to come.
  • Topic: Security, Economics
  • Political Geography: America, Europe
  • Author: Emmanuel Kipole
  • Publication Date: 11-2013
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: Apparently capitalism and neo-liberalism have elevated the market to a position of omnipotence as a spontaneously occurring best resources' distributor. However, neo-liberalism as a philosophy that informs capitalism has always sparked divergent opinions as to its core spirit and practice. Neo-liberalism has always been netted into different perspectives. Although the consensual bottom-line of neo-liberalism philosophy is the free market, there is no consensus on its interpretation, contextualization and practices. As a whole, there is optimism in neo-liberalism the same as there is skepticism.
  • Topic: Economics
  • Political Geography: Afghanistan, United States, America, Europe
  • Author: Mohammad Javad Bakhtiari, Fariba Hossein Nia Salimi
  • Publication Date: 12-2013
  • Content Type: Journal Article
  • Journal: Iranian Review of Foreign Affairs
  • Institution: Center for Strategic Research (CSR)
  • Abstract: The article tries to examine Britain's place in EU's policymaking towards Iran. Having in mind the importance of the EU in international stages and also in economic and political matters, the following article has shed light on the ups and downs of Iran's relations with the UK as one of the important EU-nation states and has concluded that an effective but careful and logical relationship with EU member states could expand the space of more collaborations and in this regard Iran can utilize EU's capacities. Britain in contrary to the US has avoided military tools and has chosen a negotiating policy toward Iran and has assured other member states of these negotiations. Iran should choose a definite strategy towards EU based on having a complete knowledge of each member – state and their capabilities and special potentials in cooperation with Iran.
  • Topic: International Relations, Foreign Policy, Economics
  • Political Geography: Britain, United States, United Kingdom, Europe, Iran
  • Author: Dermot Coates, Paul Anand, Michelle Norris
  • Publication Date: 01-2013
  • Content Type: Journal Article
  • Journal: Journal on Migration and Human Security
  • Institution: Center for Migration Studies of New York
  • Abstract: Housing is an important determinant of quality of life and migrants are more likely to encounter poor quality housing than natives. This paper draws on the capabilities approach to welfare economics to examine how issues of housing and neighborhood conditions influence quality of life and opportunities for migrants in Western Europe. The analysis utilizes data from the second European Quality of Life Survey (EQLS) to explore variation in life and housing satisfaction between migrants and non-migrants (natives) in Western Europe and whether being a migrant and living in an ethnically diverse neighborhood contribute to lower satisfaction. The results show that migrants are more likely to experience lower levels of life and housing satisfaction and that living in a diverse neighborhood is negatively associated with life and housing satisfaction. While diverse, inner-city neighborhoods can increase opportunities for labor market access, social services and integration, the tendency towards clustered settlement by migrants can also compound housing inequality. Conversely, migrant homeowners are on average substantially more satisfied with the quality of public services and of their neighborhood and have lower material deprivation than both migrant and non-migrant renters. The findings draw attention to the need to address housing and neighborhood conditions in order to improve opportunities for integration and well-being.
  • Topic: Economics
  • Political Geography: Europe
  • Author: Fouad Ajami
  • Publication Date: 03-2012
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: Throughout 2011, a rhythmic chant echoed across the Arab lands: "The people want to topple the regime." It skipped borders with ease, carried in newspapers and magazines, on Twitter and Facebook, on the airwaves of al Jazeera and al Arabiya. Arab nationalism had been written off, but here, in full bloom, was what certainly looked like a pan-Arab awakening. Young people in search of political freedom and economic opportunity, weary of waking up to the same tedium day after day, rose up against their sclerotic masters.
  • Topic: Economics, Oil
  • Political Geography: America, Europe, Arabia
  • Author: Adam Tooze
  • Publication Date: 10-2012
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: With the euro in crisis, Germany has come to seem like a lone island of fiscal stability in Europe. Its debt levels are modest, its government bonds are safe havens for investors around the world, and it has avoided the kinds of private credit booms and housing bubbles that have destabilized the rest of the continent. The German economy, fueled by record exports, has grown steadily, expanding by a quarter over the last decade. But beneath the glowing headlines lies a darker story: Germany's economic position is simply unsustainable. For starters, much of its trade surplus has been earned at the expense of the corresponding current account deficits of the European countries in crisis. At the same time, this outsized surplus goes hand in hand with major imbalances within Germany's domestic economy. German businesses have invested their profits abroad, helping finance foreign imports. Meanwhile, as German money has flowed out of the country, domestic investment has languished at unprecedentedly low levels. Germany, like other rich, polluting, and aging countries, faces enormous long-term challenges. Its work force is shrinking, its energy sector needs to be remade, and its public infrastructure has gone too long without improvement. For all the talk of its financial strength, Germany has so far squandered the opportunity to secure long-term economic growth by addressing these challenges through badly needed domestic investments.
  • Topic: Economics
  • Political Geography: Europe, Germany
  • Author: Murat Yülek, Anthony Randazzo
  • Publication Date: 04-2012
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: A significant amount of research has already been made about the financial crisis. But a midterm primer is nevertheless necessary; it is critical to assess the nature of the crises to ensure that the proper lessons are learned. This article aims to present a history on the causes of the financial crisis that first emerged in the U.S. in 2007. Then it will analyze the roots of the current state of the economic crisis in Europe and the U.S. It will also assess the effects of the crises on the European and American economies. Consequently, a range of topics are discussed in the article, some of which have received deeper treatment elsewhere in economic literature, but have not been pieced together to provide a coherent past and present picture of the situation. The article concludes briefly on how this story relates to today's economic environment and the next steps that need to be taken going forward.
  • Topic: Economics, History
  • Political Geography: United States, America, Europe
  • Author: Abdurrahim Sıradağ
  • Publication Date: 11-2012
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: This article explores the causes and dynamics impacting the development of the EU's security policy on Africa. The changing global structure in Africa has influenced the EU's foreign and security policy in Africa. The new global actors, such as China, India, Brazil, and Turkey have recently consolidated their political and economic relations with both African states and organisations with an impact on the EU's approach to the continent. At the same time, the new challenges, like international terrorism and immigration, also left their mark on the EU's policy in Africa. This article argues that the EU members' economic interests have played a central role in developing the EU's security policy towards Africa. Meanwhile, the new global threats and challenges and the emergence of new actors in Africa have also had an impact on the formulation and implementation of the EU's security policy in Africa.
  • Topic: Development, Economics, Terrorism
  • Political Geography: Africa, China, Europe, Turkey, India, Brazil
  • Author: Jeffrey C. Dixon
  • Publication Date: 11-2012
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: Is Europe converging in terms of policy development? How has the global financial crisis affected this and policy development in Europe more generally? What policy differences exist between European Union (EU) member states and other European countries? These and other questions posed in this volume are largely motivated by an attempt to understand the implications of the EU's Lisbon Strategy, which the editor, Ipek Eren Vural, defines as “a medium term development plan to facilitate transformation of the European economy, and to coordinate the economic and social policies at the national level” (p. 2). On the basis of this strategy and the Open Method of Coordination (OMC), or “governance tool” to pursue the economic and social “pillars” of the strategy (p. 2), there is reason to expect some convergence in Europe. Focusing primarily on the abovementioned social pillar within what Vural labels as institutional, intergovernmentalist, and neo-Gramscian frameworks in her introduction, this volume explores a wide range of issues/policies, including (un-) employment, poverty, flexicurity, pensions, welfare states, and gender equality. Drawing on time-series data from Eurostat as well as other data sources, the contributors generally find that the Lisbon Strategy was not successful in achieving its social policy aims; it was also undermined by the global financial crisis. There has been some policy convergence in Europe, but this varies by the type of convergence, the time period examined, and the specific policy domain. This review will briefly summarize and analyze the parts of this book and conclude with some final thoughts about the volume as a whole.
  • Topic: Development, Economics
  • Political Geography: Europe, Turkey
  • Author: Peter Draper
  • Publication Date: 03-2012
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: Support for regional economic integration in Africa runs high amongst the continent's international development partners and African elites. However, its expression in European forms of economic integration is not appropriate to regional capacities and in some cases may do more harm than good. This lacuna is exacerbated by technical and theoretical analyses rooted either in economics or international relations literature. This article sets out to reconceptualise the foundations of African economic integration by reviewing key debates within each literature and comparing the results across disciplinary boundaries. Overall, it is concluded that a much more limited approach is required, one that prioritises trade facilitation and regulatory cooperation in areas related primarily to the conduct of business; underpinned by a security regime emphasizing the good governance agenda at the domestic level. Care should be taken to design the ensuing schemes in such a way as to avoid contributing to major implementation and capacity challenges in establishing viable and legitimate states. In doing so, the presence of regional leaders with relatively deep pockets - South Africa in the Southern African case - points to the imperative of building such limited regional economic arrangements around key states.
  • Topic: Development, Economics, Governance
  • Political Geography: Africa, Europe, South Africa
  • Author: Herman Voogsgeerd
  • Publication Date: 06-2012
  • Content Type: Journal Article
  • Journal: The Goettingen Journal of International Law
  • Institution: The Goettingen Journal of International Law
  • Abstract: Traditionally, fundamental human rights have occupied an important place in labor law. The ILO constitution of 1919 focuses, for example, on the right of freedom of association. Subsequent ILO documents stress other fundamental rights such as the right to non-discrimination in the field of labor. The fundamental rights of the worker did begin to get some attention in the EU too, especially in non-binding documents such as the Community Charter of the Rights of the Worker from 1989. Since the entry into force of the Treaty of Lisbon in 2009, the Charter of Fundamental Rights introduced at the summit in Nice is legally binding to the same extent as the EU Treaty itself. The Charter includes fundamental rights in the field of labor law under the heading 'solidarity'. In this article two basic questions will be addressed. The first question will address the 'old' issue of the clash between fundamental (labor) rights and the four economic freedoms of the EU, which are seen by the ECJ as of fundamental nature as well. Since the seminal cases of Viking and Laval, a lot has been written about this theme by both European and labor lawyers. I will not revisit the literature that has been written about these cases, but the more dogmatic issue of a (potential) clash between the four economic freedoms and the fundamental rights is still in need of clarification. The second question is whether the fundamental human rights will get a more important place in the case law of the European Court of Justice now that the Charter of Fundamental Rights is of binding character, or, will there be just a continuation of the already developed relationship between fundamental freedoms and rights or between two different kind of fundamental human rights? I will focus here on case law in the field of labor law. The article will finish with a plea for a proportionality test 'light' in order to limit the interference of EU law with the essence of fundamental rights.
  • Topic: Economics, Human Rights, Law
  • Political Geography: Europe
  • Author: Steve Lutes
  • Publication Date: 03-2012
  • Content Type: Journal Article
  • Journal: The Diplomatic Courier
  • Institution: The Diplomatic Courier
  • Abstract: While the impact of the 2008 global economic crisis has been varied across nations, it is unmistakable that Latvia was among those hardest hit with unemployment topping 20 percent and a considerable contraction in gross domestic product (GDP) from 2008 to 2010. But the tide has ostensibly turned with the country completing the International Monetary Fund's (IMF) stabilization program in December 2011, and the government projecting growth of approximately 5 percent for 2011. So how did Latvia accomplish this turn around as others in Europe remain mired in economic turmoil?
  • Topic: Economics, International Monetary Fund
  • Political Geography: Europe
  • Author: Leif Wenar
  • Publication Date: 05-2011
  • Content Type: Journal Article
  • Journal: Ethics & International Affairs
  • Institution: Carnegie Council
  • Abstract: The "resource curse" can strike countries that derive a large portion of their national income from exporting high-value natural resources, such as oil, gas, metals, and gems. Resource-exporting countries are subject to four overlapping curses: they are more prone to authoritarianism, they tend to suffer more corruption, they are at a higher risk for civil wars, and they exhibit greater economic instability. The correlations between resources and such pathologies as authoritarianism, corruption, civil conflict, and economic dysfunction are evident in the list of the five major African oil exporters: Algeria, Angola, Libya, Nigeria, and Sudan. The recent histories of mineral exporters support the correlations: for example, "blood diamonds" fueled Sierra Leone's decade-long civil war, and the continuing conflict in the metal-rich eastern Congo has caused up to 6 million deaths. The phenomenon is not solely African: Burma, Yemen, and Turkmenistan, for example, are also resource cursed. Moreover, poor governance in resource-cursed countries can engender follow-on pathologies, such as a propensity to cause environmental damage both domestically (for example, through the destruction of forests) and globally (through increased greenhouse gas emissions). Most research on the resource curse has focused on the institutions of exporting countries. This essay focuses instead on importing countries, especially those in North America and Europe. I survey how the resource curse impedes core interests of importing states. I then discuss how the policies of importing states drive the resource curse, and how these policies violate their existing international commitments. The second half of the paper describes a policy framework for importing states that can improve international trade in resources for both importers and exporters.
  • Topic: Economics
  • Political Geography: Africa, Europe, Sudan, Libya, Algeria, Burma, North America, Nigeria, Angola
  • Author: Timur Kuran
  • Publication Date: 01-2011
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: A new book by Ian Morris tracks the development of the East and the West over the millennia. But methodological problems lead him to miss the crucial differences between modern and premodern life -- and understate what is really keeping the West ahead.
  • Topic: Development, Economics, History
  • Political Geography: China, Europe, Middle East
  • Author: Hugo Nixon
  • Publication Date: 11-2011
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: Conventional wisdom has it that the eurozone cannot have a monetary union without also having a fiscal union. Euro-enthusiasts see the single currency as the first steppingstone toward a broader economic union, which is their dream. Euroskeptics do, too, but they see that endgame as hell -- and would prefer the single currency to be dismantled. The euro crisis has, for many observers, validated these notions. Both camps argue that the eurozone countries' lopsided efforts to construct a monetary union without a fiscal counterpart explain why the union has become such a mess. Many of the enthusiasts say that the way forward is for the 17 eurozone countries to issue euro bonds, which they would all guarantee (one of several variations on the fiscal-union theme). Even the German government, which is reluctant to bail out economies weaker than its own, thinks that some sort of pooling of budgets may be needed once the current debt problems have been solved. A fiscal union would not come anytime soon, and certainly not soon enough to solve the current crisis. It would require a new treaty, and that would require unanimous approval. It is difficult to imagine how such an agreement could be reached quickly given the fierce opposition from politicians and the public in the eurozone's relatively healthy economies (led by Finland, Germany, and the Netherlands) to repeated bailouts of their weaker brethren (Greece, Ireland, Italy, Portugal, and Spain). Moreover, once the crisis is solved, the enthusiasm for a fiscal union may wane. Even if Germany is still prepared to pool some budgetary functions, it will insist on imposing strict discipline on what other countries can spend and borrow. The weaker countries, meanwhile, may not wish to submit to a Teutonic straitjacket once the immediate fear of going bust has passed.
  • Topic: Economics, Government
  • Political Geography: Europe, Finland, Greece, Germany, Spain, Italy, Netherlands, Portugal, Ireland
  • Author: Lorenzo Fioramonti, Patrick Kimunguyi
  • Publication Date: 03-2011
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: Europe has been the privileged economic and political partner of Africa, but more recently China has increased its foothold in Africa through important financial investments and trade agreements. Against this backdrop, the empirical research conducted in 2007-08 in Kenya and South Africa as part of a pioneering international project investigates the perceptions of public opinion, political leaders, civil society activists and media operators. While confirming their continent's traditional proximity to Europe, African citizens are increasingly interested in China and its impact on Africa's development. Europe is criticised for not having been able to dismiss the traditionally 'patronising' attitude towards Africa. While African civil society leaders and media operators describe China as an opportunity for Africa to break free of its historical dependence on European markets, other opinion leaders warn against too much enthusiasm for the Asian giant. There is a suspicion that the Chinese strategy might, in the long run, turn into a new form of economic patronage.
  • Topic: Civil Society, Economics
  • Political Geography: Kenya, Africa, China, Europe, Asia, South Africa
  • Author: Shamil Midkhatovich Yenikeyeff
  • Publication Date: 09-2011
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The geographic proximity of Central Asia to Russia, China, the Caucasus and the Caspian region, as well as to the Middle East, makes this oil and gas-producing region a crucial and ever-developing player in regional and global energy markets. The method by which Central Asian producers choose to develop their hydrocarbon resources and export infrastructure will have significant implications for the plans for diversification of oil and gas supplies of Europe, China and India, as well as for Russia's energy exports to Europe. It is still too early to tell whether the economic and political incentives are strong enough to promote cooperation between the various actors or whether the energy interests of these key external powers are so diverse as to clash in Central Asia.
  • Topic: Economics
  • Political Geography: Russia, China, Europe, Central Asia, Asia
  • Author: Gareth Winrow
  • Publication Date: 09-2011
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: Officials in Ankara are pressing for Turkey to become a key energy hub for the transportation of hydrocarbons from the Caspian region and the Middle East to Europe. It appears that they are seeking to secure certain strategic and economic advantages. Turkey's increasing energy needs could be satisfied, re-export rights obtained, and ambitions to become a significant regional state fulfilled which could facilitate accession to the EU. It seems more likely, though, that Turkey will become an important energy transit state, especially for the Southern Gas Corridor. Here, Turkey could still diversify its gas imports and reduce dependence on Russia.
  • Topic: Economics
  • Political Geography: Russia, Europe, Turkey, Middle East
  • Author: Gavin Weins
  • Publication Date: 01-2011
  • Content Type: Journal Article
  • Journal: Journal of Military and Strategic Studies
  • Institution: Centre for Military, Security and Strategic Studies
  • Abstract: Alliances have, and likely always will have, a common feature of international diplomacy for a number of reasons. First, the primary objective of any government is defence and states will attempt to heighten security through international agreements. Second, military and economic power is unevenly distributed among states and weaker powers will unavoidably gravitate toward stronger powers in search of increased protection and commercial benefits. Third, an alliance can occasionally be the most effective means of tying the hands of a rival. Despite the variety of objectives that encourage the formation of alliances and the numerous forms that international agreements can assume, Marco Cesa argues that international relations theory has consistently recognized the existence of only one type of alliance: those agreements between states that are designed to confront an aggressive and dangerous “common enemy.” Above all, this viewpoint has one-dimensionally characterized alliances as unions of separate forces, policy-coordination organizations, or as takers of joint action against some third party. The “internal” dimensions of alliances, or the complex negotiations between allies, have consequently been overshadowed by the “external” dimensions, or the measures implemented by the allies to confront the threatening power. Nevertheless, states are almost always involved in ambiguous and clandestine diplomatic manoeuvres against not only enemies, but allies as well. Through an examination of this “darker side” of alliances, Cesa attempts to highlight the shortcomings of traditional international relations theory and, at the same time, offer an alternative framework for the examination of inter-ally relations.
  • Topic: Economics, Government
  • Political Geography: Europe
  • Author: Ana Dinescu
  • Publication Date: 09-2011
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: More than six decades after the end of the Second World War it is hard to imagine the political, social, and human landscapes of Europe in the aftermath of hostilities. In reconstructing this recent past, we can rely on a large bibliography regarding the events from the Western part of the continent. But for what concerns the territory to the east of the Iron Curtain, the appropriate and single case-study documentation remains problematic and thus, topics such as the political, economic and social effects of the first year of the Cold War reconfigurations are still insufficiently explored. It is, for example, the everyday life of the displaced person or the consequences of displacement on the identity reconfiguration of ethnic minorities.
  • Topic: Economics, War, Reconstruction
  • Political Geography: Europe, Soviet Union
  • Author: Raul Rivera
  • Publication Date: 06-2011
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Most people have grown used to thinking about Latin America as a region of marginal global importance: painfully poor, violent, politically and economically unstable and, to top it all, fragmented into some 20-odd countries, each one different from the other. So when Jerry Wind, founding editor of Wharton School Publishing, invited me to speak on Latin America at a Wharton conference aimed at senior U.S. executives, I wondered what a group of U.S. businesspeople would be interested to hear about the region. Who, after all, would want to do business in a place like that? But how accurate are those perceptions? As I prepared for my talk, my conclusion was: not much. Let's address the four principal myths about the region one by one. Myth 1: Latin America Really Does not Matter Economically To start, the territory of continental Latin America is larger than the U.S. and China combined, four times larger than the European Union, and seven times larger than India—a country roughly the size of Argentina. With almost every ecosystem represented, it is in fact the world's most biodiverse region, containing five of the world's ten most biodiverse countries. The region's bio-capacity (the biological productivity of the land measured in hectares per capita) is also larger than any other's. Witness the region's role in the global food chain: it is the largest producer of soybeans, coffee, sugar, bananas, orange juice, a leading fishmeal producer, and a major grain and meat exporter. Its mineral riches keep world industry running: silver, gold, copper, zinc, lead, tin, bismuth, molybdenum, rhenium, telurium, borium, strontium—you name it. And it produces one out of every six barrels of oil. In fact, much of the global community depends on Latin America's vast riches for its prosperity—indeed, for its survival. To that point: the Amazon basin plays a crucial role in the recycling of atmospheric carbon, absorbing one fourth of all global emissions. Latin America's population, now approaching 600 million, is twice that of the U.S. and significantly larger than the combined population of the European Union. Those numbers do not include some 50 million U.S. permanent residents and citizens who trace their origins back to the region (and keep close ties with it). By 2050, the region's population will have risen to an estimated 800 million. Latin America is not poor either. It boasts a per-capita GDP similar to the global average: $10,000. It is no richer or poorer than the rest of the world. In fact, 400 million people, or two-thirds of all Latin Americans, already belong to the global middle class, with their purchasing power fueling much of Latin America's growth. With some 200 million people still living in poverty, Latin America's poor are still numerous. But their ranks are declining fast, at a rate of 5 million a year over the past decade. As a result, its Gini coefficient improved by 10 percent between 2002 and 2008. In brief: the world's poor are now elsewhere—mainly in Asia and Africa. A population this large combined with average income levels have turned Latin America into the fourth largest economy in the world, with a regional GDP of some $6 trillion (purchasing power parity). That is larger than that of Russia and India's combined—larger, in fact, than that of any country or region other than the U.S., the EU and China. Not bad for a “region of marginal importance.” You could argue that Latin America's fragmentation into small, separate markets makes all the difference. But you would be wrong. As a result of the free-market reforms of the past decades, Latin America's economy is now the most open to trade in the developing world, with average tariffs down to 10 percent or less. Intraregional trade is booming. Most significantly, Chile, Colombia, Mexico, and Peru have signed bilateral free-trade agreements (with both the EU and the U.S., though Colombia's is waiting for the U.S. Congress' approval). These agreements are giving rise to a free-trade zone of some 200 million consumers, larger than Brazil and fully open to global trade. Surprisingly, it does not yet have a name—or a space among the BRICs. It will, though. Let's name these four countries the L-4 for now...
  • Topic: Economics, Poverty
  • Political Geography: United States, Europe, India, Brazil, Colombia, Latin America, Mexico, Chile, Peru
  • Author: Lisa Delpy Neirotti, Jeffrey Bliss
  • Publication Date: 06-2011
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: No abstract is available.
  • Topic: Economics, Government
  • Political Geography: United States, Europe, Latin America
  • Author: Joseph Blomeley
  • Publication Date: 05-2010
  • Content Type: Journal Article
  • Journal: Woodrow Wilson School Journal of Public and International Affairs
  • Institution: Woodrow Wilson School of Public and International Affairs, Princeton University
  • Abstract: With a population of over 500 million, the European Union (EU) is Canada's second-largest trading partner. In 2006, two-way merchandise trade between Canada and the EU was approximately $78 billion and two-way investment reached $263 billion. While these figures are far from marginal, they pale in comparison to the $626 billion in two-way merchandise trade and $497 billion in two-way investment with the United States. In light of these numbers, analysts have argued that there is room for improvement in the economic relationship between Canada and the EU. They believe that the relationship has been significantly under-traded and under-valued. In an attempt to bolster this claim, a Canada-EU Joint Trade Study commissioned by the European Commission and the Government of Canada (GoC) recently noted that Canada is the EU's 11th-largest merchandise trading partner, with only 1.8 percent of external EU trade in this category (GoC, 2008). In light of the financial crisis in the United States, discussions to revive talks of a Canada-EU Free Trade Agreement (FTA) have begun to garner attention.
  • Topic: Economics, Government, Financial Crisis
  • Political Geography: United States, Europe, Canada
  • Author: Stuart E. Eizenstat, Anthony Luzzatto Gardner
  • Publication Date: 03-2010
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: On December 1, 2009, after nearly a decade of acrimonious debate, the Treaty of Lisbon entered into force across the 27 member states of the European Union. The treaty reforms EU institutions, making the organization more accountable to voters and enhancing its ability to address European and global challenges. Over the long term, the treaty may make the EU a more coherent international actor, thereby significantly affecting non-EU countries, including the United States. The Lisbon Treaty is the latest in a long line of EU reform efforts. It is the fifth amendment to the 1957 Treaty of Rome, which established the European Economic Community, the EU's predecessor. Following the Single European Act of 1986 -- which laid the foundations for Europe's single market, assuring for the first time the free flow of goods, capital, people, and services among the member states -- the EU reformed its institutions and decision-making process through the Maastricht Treaty of 1992, the Amsterdam Treaty of 1997, and the Nice Treaty of 2001. But with the cumulative effect of these amendments widely acknowledged to have complicated decision-making -- and with the organization planning to enlarge from 15 to 25 member states in 2004 -- EU leaders sought to replace the confusing patchwork of EU treaties with a single, overarching constitution. The resulting document, drafted by a constitutional convention in 2002-3, was signed by all EU heads of government in 2004 but was rejected the following year by French and Dutch voters, who feared that a European constitution would limit their countries' national voting rights, sovereignty, and access to EU funds. In 2007, after a two-year "period of reflection," the EU heads of state agreed in Lisbon on a draft treaty that was nearly identical in substance to the constitution but -- in deference to public opinion in some member states -- dropped references to the trappings of statehood (such as an EU flag and an EU anthem) and sought to amend, rather than replace, earlier EU treaties. By November 2009, every EU member state had ratified the treaty.
  • Topic: Economics
  • Political Geography: Europe
  • Author: Charles A. Kupchan
  • Publication Date: 03-2010
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: In his inaugural address, U.S. President Barack Obama informed those regimes "on the wrong side of history" that the United States "will extend a hand if you are willing to unclench your fist." He soon backed up his words with deeds, making engagement with U.S. adversaries one of the new administration's priorities. During his first year in office, Obama pursued direct negotiations with Iran and North Korea over their nuclear programs. He sought to "reset" relations with Russia by searching for common ground on arms control, missile defense, and Afghanistan. He began scaling back economic sanctions against Cuba. And he put out diplomatic feelers to Myanmar (also called Burma) and Syria. Over a year into Obama's presidency, the jury is still out on whether this strategy of engagement is bearing fruit. Policymakers and scholars are divided over the merits and the risks of Obama's outreach to adversaries and over how best to increase the likelihood that his overtures will be reciprocated. Debate continues on whether rapprochement results from mutual concessions that tame rivalries or rather from the iron fist that forces adversaries into submission. Equally controversial is whether the United States should pursue reconciliation with hardened autocracies or instead make engagement contingent on democratization. And disagreement persists over whether diplomacy or economic engagement represents the most effective pathway to peace. Many of Obama's critics have already made up their minds on the merits of his outreach to adversaries, concluding not only that the president has little to show for his efforts but also that his pliant diplomacy demeans the United States and weakens its hand. Following Obama's September 2009 speech to the United Nations General Assembly, in which he called for "a new era of engagement based on mutual interest and mutual respect" and "new coalitions that bridge old divides," the conservative commentator Michelle Malkin charged that the president had "solidified his place in the international view as the great appeaser and the groveler in chief."
  • Topic: Economics
  • Political Geography: Afghanistan, United States, Europe, North Korea
  • Author: William Drozdiak
  • Publication Date: 05-2010
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: These days, there is a great deal of talk about the dawn of an Asian century -- hastened by the rise of China and India. Meanwhile, the fractious Atlantic alliance, enfeebled by two wars and an economic crisis, is said to be fading away. But the West is not doomed to decline as a center of power and influence. A relatively simple strategic fix could reinvigorate the historic bonds between Europe and North America and reestablish the West's dominance: it is time to bring together the West's principal institutions, the European Union and the North Atlantic Treaty Organization. When NATO's 28 leaders gather in Portugal later this year to draw up a new security strategy for the twenty-first century, they will consider a range of options, including military partnerships with distant allies such as Australia, Japan, and South Korea. Yet the most practical solution lies just down the road from the alliance's sprawling headquarters near the Brussels airport. Genuine cooperation between NATO and the 27-nation European Union would allow Western governments to meld hard power with soft, making both organizations better equipped to confront modern threats, such as climate change, failed states, and humanitarian disasters. A revitalized Atlantic alliance is by far the most effective way for the United States and Europe to shore up their global influence in the face of emerging Asian powers. NOT-SO-FRIENDLY NEIGHBORS Anybody who spends time in Brussels comes away mystified by the lack of dialogue between the West's two most important multinational organizations, even though they have been based in the same city for decades. Only a few years ago, it was considered a minor miracle when the EU's foreign policy czar and NATO's secretary-general decided that they should have breakfast together once a month. An EU planning cell is now ensconced at NATO military headquarters, but there is scarcely any other communication between the two institutions. With Europe and the United States facing common threats from North Africa to the Hindu Kush, it is imperative for Western nations to take advantage of these two organizations' resources in the fields of law enforcement, counterterrorism, intelligence gathering, drug interdiction, and even agricultural policy.
  • Topic: NATO, Economics, Government
  • Political Geography: China, Europe, Asia, North America, Brussels
  • Author: Marc Levinson
  • Publication Date: 05-2010
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: No abstract is available.
  • Topic: Economics, Financial Crisis
  • Political Geography: United States, Europe
  • Author: Leslie H. Gelb
  • Publication Date: 11-2010
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: Most nations have adjusted their foreign policies to focus on economic security, but the United States has not. Today's leaders should adapt to an economic-centric world and look to Presidents Harry Truman and Dwight Eisenhower for guidance.
  • Topic: Security, Economics
  • Political Geography: United States, Europe, Washington
  • Author: Elizabeth Shakman Hurd
  • Publication Date: 03-2010
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: This article explores the cultural politics of European opposition to Turkish accession to the EU. It argues that the foundations of secularism-the powerful a prioris that structure the debate in Europe regarding religion and politics-make it difficult for Europeans to cope with what is often described as an "Islamic challenge" to Europe, both internally and externally. Turkish candidacy makes these stumbling blocks explicit, as Turkey has become the symbolic carrier of domestic European angst about religion, particularly Islam, and politics. Turkish candidacy highlights unfinished business in the social fabric of the core EU members, including what it means to be secular and how religion, including but not limited to Islam, relates to European identity. These sticking points are what the debate over Turkish membership is really about, and it is for this reason that it is culturally-in addition to economically and politically-so contentious.
  • Topic: Economics, Islam, Politics
  • Political Geography: Europe, Turkey
  • Author: Maria Cristina Paciello
  • Publication Date: 09-2010
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The ongoing global financial and economic crisis, which initially emerged in North America and Europe, has increasingly spread to emerging and developing countries, including the Southern Mediterranean. The global economic crisis could pose, and is posing, a number of challenges to Euro-Mediterranean relations. On the political front, it has contributed to further undermining the political reform agenda included in the Barcelona Process and the European Neighbourhood Policy. On the economic front, the crisis is jeopardising trade integration in the Euro-Mediterranean area and could slow down the pace of economic reforms supported by the European Union in Southern Mediterranean countries.
  • Topic: Economics
  • Political Geography: Europe, North America
  • Author: Almas Heshmati, Arno Tausch
  • Publication Date: 11-2010
  • Content Type: Journal Article
  • Journal: Alternatives: Turkish Journal of International Relations
  • Institution: Center for International Conflict Resolution at Yalova University
  • Abstract: The current paper investigates the cross-national relevance of Latin American 'dependencia theory' for five dimensions of development (democracy and human rights, environment, human development and basic human needs satisfaction, gender justice, redistribution, growth and employment) on a global scale and tries to confront the very basic pro-globalist assumptions of the 'Lisbon process', the predecessor of the ongoing EU-2020 strategy, which was the policy target of the European leaders since the EU's Lisbon Council meeting in March 2000 to make Europe the leading knowledge-based economy in the world with a 'Latin American perspective'. A realistic and politically useful analysis of the 'Lisbon process' has to be a 'Schumpeterian' approach. First, we analyze the 'Lisbon performance' of the world economy by multivariate, quantitative means, looking into the possible contradictions that might exists between the dependent insertion into the global economy and other goals of the 'Lisbon process'. Dependency from the large, transnational corporations, as correctly predicted by Latin American social science of the 1960s and 1970s, emerges as one of the most serious development blockades, confronting Europe. Secondly, we analyze European regional performance since the 1990s in order to know whether growth and development in Europe spread evenly among the different regions of the continent. It emerges that dependency from the large transnational corporations is incompatible with a balanced, regional development. Finally, we discuss cross-national and historical lessons learned from the views of dependency and Schumpeterian perspectives for current policy-making in Europe, and opt for an industrial policy approach in the tradition of former EU-Commission President (1985-1995) Jacques Delors.
  • Topic: Economics
  • Political Geography: Europe, Latin America
  • Author: Philomena Murray, Nicholas Rees
  • Publication Date: 05-2010
  • Content Type: Journal Article
  • Journal: International Politics
  • Institution: Palgrave Macmillan
  • Abstract: In investigating the relationship of the European Union (EU) and the East Asian region, and the comparisons of these two regions, this special issue on European and Asian Regionalism: Function and Form brings together a collection of articles that contributes to an understanding of these regions – and regional bodies – in an interdisciplinary and comprehensive manner. They contribute to our understanding of the EU as a political, economic! and security actor with civil society dimensions, and a clear regional integration agenda and that agenda's influence on East Asia. They further deepen our understanding of East Asian developments in regionalism. Much more than a simple examination of EU–Asia relations, this special edition critically examines the proposal that the EU may constitute a paradigm for East Asian regionalism. Among other things, it looks at EU–Asia links in the Asia Europe Meetings (ASEM) and role of formal and informal integration and networks within the East Asian region; the new wave of regionalism in Asia in the aftermath of the Asian Currency Crisis of 1997–1998; and the role of institutions and of state and non-state actors.
  • Topic: Economics
  • Political Geography: Europe, Asia
  • Author: Gary D. Espinas
  • Publication Date: 06-2010
  • Content Type: Journal Article
  • Journal: Journal of International Affairs
  • Institution: School of International and Public Affairs, Columbia University
  • Abstract: Ukraine faces a number of challenges, including a deep economic crisis and a tumultuous political system. These problems, however, only underscore the importance of continued U.S. engagement with Ukraine. The causes of European stability and prosperity are best served by a Ukraine that is democratic, secure in its borders, and integrated into European and Euro-Atlantic institutions. This has been the U.S. position since Ukraine's independence in 1991. In addition to its internal challenges, Ukraine faces an external challenge: Russia. Recent Russian actions suggest that Moscow still considers Ukraine to be within its sphere of influence. Furthermore, Russia's conflict with Georgia in August 2008 demonstrates that Moscow is willing to use a wide variety of tools, including military force, to establish and enforce its sphere of influence. Such attitudes threaten to return Europe to the destructive balance of power politics of its past, rather than promote a peace in the region based on the right of sovereign nations to determine their own future. Ukraine has made a choice to be a part of Europe by undertaking a number of reforms in order to become a truly independent and democratic country. In the interest of greater European stability and prosperity, and in recognition of Ukraine's positive engagement, the United States must continue its efforts to assist Ukraine on the path to democracy.
  • Topic: Economics
  • Political Geography: Russia, United States, Europe, Ukraine, Moscow
  • Author: Ari Armstrong
  • Publication Date: 04-2010
  • Content Type: Journal Article
  • Journal: The Objective Standard
  • Institution: The Objective Standard
  • Abstract: With Congress debating far-reaching bills to expand federal control of health care, politicians and pundits blaming the economic downturn on allegedly free markets, President Obama fulfilling his promise to "spread the wealth around," and dozens of czars overseeing wide swaths of American life, it seems that capitalism is in retreat. A rousing defense of capitalism, therefore, could not have come at a better time, and that is what Andrew Bernstein provides in his new book, Capitalism Unbound. Bernstein ably defends the achievements of the Industrial Revolution, presents the moral foundation for capitalism, skewers socialism, and indicates in some respects how several disasters-including the recent housing bust-were caused by government meddling in the economy. Capitalism Unbound is an updated and highly condensed version of Bernstein's 2005 book, The Capitalist Manifesto: The Historic, Economic and Philosophic Case for Laissez-Faire. With the new book, Bernstein promises "the essential points-presented in a simple, easy to read format" (p. ix). He begins his sixteen-page Prologue, "The Primordial Struggle for Individual Liberty," by mentioning that capitalism rests on the "moral code . . . of an individual's inalienable right to his own life" (p. 1). After recounting the American Revolution as a key example of the furthering of individual rights, Bernstein applies the principle of rights to issues such as contracts, property, and employment. He then defines some key terms, including capitalism ("the system of individual rights, including property rights, in which all property is privately owned"), freedom (protection "against the initiation of force by either private citizens or the government"), and statism ("the subordination of the individual to the state [and] the repudiation of inalienable individual rights") (pp. 10-11). The prologue concludes with a discussion of some of history's most horrifying instances of statism, including tribal dictatorships, Soviet communism, National Socialism, and Islamic theocracy. The rest of the book is divided into three parts, about the historical, moral, and economic superiority of capitalism, respectively. In Part One, "The Historic Superiority of Capitalism," Bernstein first summarizes the impoverished conditions of preindustrial Europe. He then explains how, inspired by Enlightenment thinkers, innovators of 18th-century England and 19th-century America achieved profound advances in technology and economic production, created goods and services that radically improved the living conditions of the common person, and often amassed fortunes in the process. These productive giants include steam engineer James Watt, steel titan Andrew Carnegie, and oil pioneer John D. Rockefeller, who by the height of his dominance had driven oil prices from fifty-eight cents to eight cents per gallon (p. 52). Bernstein reviews many of the economic advances of the Industrial Revolution, such as the enormous expansion of cotton cloth-spun English cotton increased twenty-four-fold between 1765 and 1784 alone-enabling "hundreds of millions of people worldwide . . . to dress . . . comfortably, cleanly, and hygienically" (pp. 34-35, emphasis removed). . . .
  • Topic: Economics
  • Political Geography: America, Europe
  • Author: Muhittin Ataman, Veysel Ayhan, Mehmet Dalar
  • Publication Date: 12-2010
  • Content Type: Journal Article
  • Journal: Bilgi
  • Institution: Değişim Yayınları
  • Abstract: The perception of side towards another is important in Turkish-EU relations. In this study, an evaluation was made regarding the EU's perception towards Turkey. In order to understand well the European perception of Turkey, a short introduction about the European integration was written, then Turkey's meaning for the EU and the European perception of Turkey in dif-ferent issue areas such as history, geography, economy, international system and the EU public opinion was analyzed. Different factors were taken into consideration to conclude the importance of Turkey for the EU.
  • Topic: International Relations, Economics
  • Political Geography: Europe, Turkey
  • Author: Gerald P. O'Driscoll Jr.
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: We remain in an economic crisis and financial crisis, one that Gary Gorton has named “The Panic of 2007” (Gorton 2008). The thesis of this article is that monetary policy has played a pivotal role. Under Alan Greenspan and now Ben Bernanke, the Fed has conducted monetary policy so as to foster moral hazard among investors, notably in housing (O'Driscoll 2008a). More generally, the crisis is the product of a “perfect storm” of misguided policy. Policies to encourage affordable housing fostered the growth of subprime lending and complex financial products to finance that lending. Regardless of the desirability of the social goal, the financial super- structure depended on housing prices never falling. Housing prices do fall sometimes, and did so decisively beginning in 2007 (Gorton 2008: 50).
  • Topic: Democratization, Economics, International Trade and Finance, Markets, Privatization
  • Political Geography: United States, Europe, New Zealand
  • Author: Carole K. Fink
  • Publication Date: 09-2009
  • Content Type: Journal Article
  • Journal: Ethics & International Affairs
  • Institution: Carnegie Council
  • Abstract: Faced with the political, economic, and social challenges of a globalized planet, are we bereft of any coherent political guideposts or do we still possess realistic and robust idea-systems? Steger, a prolific scholar of globalization, adopts a cautiously optimistic version of the second position.
  • Topic: Economics, Government
  • Political Geography: Europe
  • Author: Yoichi Funabashi
  • Publication Date: 04-2009
  • Content Type: Journal Article
  • Journal: The Washington Quarterly
  • Institution: Center for Strategic and International Studies
  • Abstract: In this age of globalization, nations rise and fall in the world markets day and night. Europe, Germany in particular, may at first have indulged in a certain amount of schadenfreude to observe the abrupt fall from grace of the U.S. financial system. But not for long. As of November 2008, the euro zone is officially in a recession that continues to deepen. Germany's government was compelled to enact a 50 billion euro fiscal stimulus package. The Japanese economy, though perhaps among the least susceptible to the vagaries of the European and U.S. economies, followed soon after, with analysts fearing that the downturn could prove deeper and longer than originally anticipated. The U.S.—Europe—Japan triad, representing the world's three largest economies, is in simultaneous recession for the first time in the post-World War II era. China, meanwhile, is suddenly seeing its 30-year economic dynamism lose steam, with its mighty export machine not just stalling but actually slipping into reverse.
  • Topic: Economics, Globalization, Government
  • Political Geography: United States, Japan, China, Europe, Germany
  • Author: Robert Sutter
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: Asian commentators who asserted that China and its neighbors could ride out the economic crisis in U.S. and Western financial markets appeared in retreat during the quarter as the impact of the financial turmoil and recession in America and Europe began to have a major effect on China and the region's trade, manufacturing, currency values, and broader economic stability. The hope that China could sustain stable growth independent of the U.S. and Europe and thereby provide an engine of growth for export-oriented Southeast Asian countries was dented by Chinese trade figures that nosedived in November, especially Chinese imports, which fell by 18 percent. The financial crisis also dominated the discussion at the ASEM summit in October. Meanwhile, China continued to pursue infrastructure development projects with its neighbors to the south, resolved the land boundary dispute with Vietnam, and signed a free trade agreement with Singapore. Talk of a planned Chinese aircraft carrier caused some controversy, but on the whole assessments of China's rise were notably more balanced than in the past.
  • Topic: Economics, Financial Crisis, Reform
  • Political Geography: United States, China, America, Europe, Asia, Southeast Asia
  • Author: Roger C. Altman
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: The financial crisis has called into serious question the credibility of western governments and may precipitate an eastward shift of power.
  • Topic: Economics, Government
  • Political Geography: United States, Europe, Washington
  • Author: Harold James
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: The current economic crisis may have one winner: the Chinese financial model, which -- together with the IMF -- holds the keys to fixing the problem.
  • Topic: Economics, Globalization
  • Political Geography: United States, Europe
  • Author: Ian Bremmer
  • Publication Date: 05-2009
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: Across the world, the free market is being overtaken by state capitalism, a system in which the state is the leading economic actor. How should the United States respond?
  • Topic: Economics, Government, Reform
  • Political Geography: United States, China, Europe
  • Author: Adrian Karatnycky, Alexander J. Motyl
  • Publication Date: 05-2009
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: The recent deterioration in relations between Russia and Ukraine should be of great concern to the West, because Ukraine's security is critical to Europe's stability. Ukraine must be placed back on the policy agenda as a player in its own right.
  • Topic: Security, Economics
  • Political Geography: Russia, Europe, Ukraine
  • Author: Morton I. Abramowitz, Henri J. Barkey
  • Publication Date: 11-2009
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: Turkey hopes to be a global power, but it has not yet become even the regional player that the ruling AKP declares it to be. Can the AKP do better, or will it be held back by its Islamist past and the conservative inclinations of its core constituents?
  • Topic: Economics
  • Political Geography: Europe, Turkey
  • Author: Ahmet Yukleyen
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: Turkey's membership in the European Union (EU) is contingent on economic, political, and cultural factors. Rather than a geographic area with a particular cultural and religious history, the EU defines "Europe" as a political project that espouses values such as human rights, pluralist democracy, and a liberal economy. However, Turkey's EU accession process highlights the cultural and religious dimension through which "Islam" and "Europe" may be mutually redefined. This article examines how Turkish Muslim immigrants in Europe have become an example of the compatibility of "Islam" and "Europe." It is concluded that opposing Turkey's EU membership based on essentializing arguments of cultural and religious difference is misleading and counterproductive, as it fails to address the shifting boundaries of Europe and of Islam.
  • Topic: Economics, Islam
  • Political Geography: Europe, Turkey
  • Author: Raúl de Arriba Bueno
  • Publication Date: 07-2009
  • Content Type: Journal Article
  • Journal: Romanian Journal of Political Science
  • Institution: Romanian Academic Society
  • Abstract: This study analyzes why the presence of economic policy on rural development is justifiable and the recommendable modes of intervention from the perspective of rural area needs and diversification opportunities of the rural economy in the European context. This reflection on the role of economic policy in rural change and the structure of the paper are organized around the following questions: what is the importance and specificity of the rural sphere? What does rural development mean? What arguments justify the intervention of the State in the rural sphere? Which objectives and what forms must this intervention adopt?
  • Topic: Economics
  • Political Geography: Europe
  • Author: Bülent GÖKAY
  • Publication Date: 04-2009
  • Content Type: Journal Article
  • Journal: Alternatives: Turkish Journal of International Relations
  • Institution: Center for International Conflict Resolution at Yalova University
  • Abstract: The last months of 2008 witnessed what is being called the worst financial crisis since the Great Depression of 1929-30. The first indications of a serious crisis appeared in January 2008. On 15 January, news of a sharp drop in the profits of the Citigroup banking led to a sharp fall on the New York Stock Exchange. On 21 January a spectacular fall in share prices occurred in all major world markets, followed by a series of collapses. A number of American and European banks declared massive losses in their 2007 end of the year results.
  • Topic: Economics, Financial Crisis
  • Political Geography: New York, America, Europe
  • Author: Pekka Sutela
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: Generalities are not very useful in discussing the energy problems of "Europe" because so many issues are country-specific. But there are some key overall aspects - notably the risk that Russia may not be able to export much more gas any time soon, even if it wants to. So European companies should work at helping Russia improve its energy efficiency to prolong supply.
  • Topic: Economics
  • Political Geography: Russia, Europe
  • Author: Andrei Illarionov
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: One day I asked Milton Friedman a question. That question was in my mind every time we met: “Could he have achieved the same status he did in America if he had lived in Russia—not only in terms of his research, but in shaping his outlook on life and in his under-standing of freedom?” Having kept silent for a moment, he answered: “no.”
  • Topic: Economics
  • Political Geography: Russia, United States, America, Europe, Asia
  • Author: Luigi Narbone, Agnieszka Skuratowicz
  • Publication Date: 12-2008
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The 1963 Ankara agreement established the framework for the relations between Turkey and the European Economic Community. A key intermediate objective was setting up a customs union, which was established in 1996. From a long-term trade perspective the customs union has had a positive impact on EU-Turkey bilateral trade, its growth and its composition. The subsequent pre-accession process has further fostered trade integration, facilitated structural reforms and boosted the country's economic potential. The increasingly close political and economic relations have also promoted stability and growth in the Turkish economy. These positive developments have been linked, however, to the prospects of Turkey's EU accession and could be undermined by uncertainty over the eventual outcome of this process.
  • Topic: Economics
  • Political Geography: Europe
  • Author: Amel Boubekeur
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: When European Muslim citizens are involved in social conflicts or when they contest the place that is given them in Europe, these political claims are often seen as radical and inspired by external influences. If an attempt is made to understand what part the influences of the so-called Muslim "countries of origin" play in the way Muslims contest European models of society and integration, it turns out that the roots of radicalisation are often purely European. The idea that it is the Islamic and communitarian nature of the European Muslim way of life which is at the base of their failing integration has to be challenged. Indeed, the initiatives of religious actors have failed to channel the radicalisation of European Muslims' political demands. The role of the religious variable is of much less importance in political radicalisation than the lack of an institutional response to the demands for greater social and economic integration.
  • Topic: Economics, Islam
  • Political Geography: Europe
  • Author: Molly Bordonaro
  • Publication Date: 03-2008
  • Content Type: Journal Article
  • Journal: Ambassadors Review
  • Institution: Council of American Ambassadors
  • Abstract: Within the space of a few weeks earlier this year, the Mediterranean island nation of Malta further advanced its integration into European Union institutions by adopting the euro currency and joining the Schengen zone. Malta has the distinction of being the first and only EU member state to adopt the euro and join Schengen at the same time. This achievement is even more impressive when you consider the fact that Malta joined the European Union less than four years earlier, in May 2004.
  • Topic: Economics, Markets
  • Political Geography: Europe
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: America's power is waning, at least temporarily. Under the next President, the country will have a diminished ability to shape a stable international order and maintain global prosperity. Will that trend create an opening for Europe to emerge with a larger global presence? Or is it liable to cause losses all around?
  • Topic: Economics
  • Political Geography: America, Europe
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: Already the buzz this year in financial circles, sovereign wealth funds have been initially welcomed in the United States (and to a lesser degree in Europe) as white knights whose capital investments have helped rescue troubled financial institutions and other companies stricken by the credit-market crisis. But these funds, even as they are currently sought after by financially-bleeding companies, could easily become controversial with public opinion and regulators in the United States and European countries because of their potential political dimensions. The very fact of their emergence is a symptom of profound new shifts in the global financial order. To head off potential jingoist reactions against the proposed buy-ins by these new investors, there is a need to probe a set of questions about how these funds work and about whether rules can be reached – by mutual agreement – to ensure that the funds prove compatible with global capital movements.
  • Topic: Economics, Government, International Trade and Finance
  • Political Geography: United States, Europe
  • Author: Antonio De Lecea
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: The Commission hopes to help put in place a Europe-wide approach to sovereign wealth funds designed to avoid a situation in which the investors play off EU countries against each other. A common European attitude may help sensitize the funds about the value of transparency concerning their own rules of the road.
  • Topic: Economics
  • Political Geography: Europe
  • Author: Daniel M. Price
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: The Transatlantic Economic Council was a major U.S.-EU innovation designed to negotiate away non-tariff barriers between the two markets. To consolidate the promise of its first year at work, it needs to choose its issues and do something tangibly effective about them, according to Dan Price, the White House point man in the TEC.
  • Topic: Economics, International Trade and Finance
  • Political Geography: United States, Europe
  • Author: Atsuko Abe
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: International Relations of the Asia-Pacific
  • Institution: Japan Association of International Relations
  • Abstract: Economic matters such as trade and investment have dominated the studies of EU–Asia relations partly because it was only after 1987 Single European Act and 1993 Treaty of European Union that the EU's competencies were extended beyond economic issues. Even the last decade and a half did not see much change in trend that both parties perceive each other as an economic partner/competitor. Consequentially, few studies have paid attention to non-economic interests in the diplomacy between EU and Asia. This tendency ignores much wider range of agendas between the two regions, such as human rights. This book focuses on EU foreign policy towards Asia, highlighting 'the role and development of human rights matters within the EU's dialogue with Asian partners', which has a low profile in the studies of EU–Asia relations.
  • Topic: Economics
  • Political Geography: Europe, Asia
  • Author: Mariano Turzi
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: The Whitehead Journal of Diplomacy and International Relations
  • Institution: School of Diplomacy and International Relations, Seton Hall University
  • Abstract: China's economic development over the last three decades has been dazzling critics and supporters alike. Since the launching of the “Four Modernizations” reform process in 1978, growth has averaged 9 percent annually. As a result, according to IMF data released in July 2007, China is poised to overtake Germany as the world's third-largest economy. As growth has slowed in Europe, Japan, and the US the Chinese economy grew at a staggering rate of 11.9 percent in the second quarter of 2007. The IMF report also pointed out that if exchange rates are adjusted to equalize the cost of goods in different countries (purchasing-power parity) China is already the world's second-largest economy.
  • Topic: Economics
  • Political Geography: United States, Japan, China, Europe, Germany, Latin America
  • Author: Mehmet Bardakçı
  • Publication Date: 10-2007
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: Since 2004 there has been a dramatic drop in the support expressed by the Turkish public for the EU and the Turkish membership. Many factors were at work for this downward trend of Turkish people's perceptions of the EU including the Cyprus policy, the Armenian genocide claims, the EU's treatment of Turkey as a special case, vocal objections raised by the EU leaders as well as the public to Turkey's EU membership, the economic costs of the accession process, nationalist backlash as a result of the resumption of PKK terrorism, mutual rise in negative perceptions of the Muslim and Western world at large in the post-September 11 process. Therefore, amid growing anti-European sentiments in domestic politics it became increasingly difficult for the ruling AKP to sustain the EU reform agenda.
  • Topic: Economics
  • Political Geography: Europe, Turkey, Armenia
  • Author: Sercan Gidişoğlu
  • Publication Date: 10-2007
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: This article offers an analysis of the large inventory of definitions proposed for 'the EU's capacity to absorb new members', by the EU institutions as well as scholars and Brussels-based public affairs companies. It also makes a comparison between 1993, when the term 'absorption capacity' (AC) is used for the first time in an official text, and the period from 2005 on, when this term reappeared frequently in European terminology and came to be defined with more precision. AC mainly refers to the capacity of the EU to absorb new members while functioning efficiently and maintaining the momentum of European integration. It has three main components: economic, political, and institutional absorption capacities. However, despite some consensus on its usage, the term remains ill-defined and misleading. To remedy this problem, the Commission recently replaced the term with the phrase 'integration capacity'. Nevertheless, further efforts should be made to clarify this concept, which is still being used in official texts without enough precision.
  • Topic: Economics
  • Political Geography: Europe, Brussels
  • Author: Michele Nones
  • Publication Date: 06-2007
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The prospect of transatlantic cooperation in the field of defence systems depends on reaching an acceptable point of equilibrium. Without it, Europe would find the strategic, political, economic, and industrial risks of total American predominance in this field (with the consequent loss of technical and production expertise) unacceptable. The reduction of the gap between Europe and the United States depends on the integration of the European defence market. This must not be seen as a risk for transatlantic collaboration, but as an opportunity. Building up a transatlantic market could also improve the efficiency of the American market by increasing competition. This collaboration, based not on bilateral, national, or multilateral agreements, but instead on bi-continental cooperation, is the challenge that Europe and the United States must face and meet together.
  • Topic: Economics
  • Political Geography: United States, America, Europe
  • Author: Jocelyne Cesari
  • Publication Date: 08-2007
  • Content Type: Journal Article
  • Journal: French Politics, Culture Society
  • Institution: Conference Group on French Politics Society
  • Abstract: All too often, the question of Muslim minorities in Europe and America is discussed solely in socioeconomic terms or with a simplistic focus on the Islamic religion and its purported incompatibility with democracy. This article focuses instead on the secularism of Western host societies as a major factor in the integration of Muslim minorities. It compares French and American secularism and argues that while French-style secularism has contributed to present tensions between French Muslims and the French state, American secularism has facilitated the integration of Muslims in the United States-even after 9/11.
  • Topic: Economics
  • Political Geography: United States, America, Europe
  • Author: Cemal Karakas
  • Publication Date: 12-2007
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: With the beginning of negotiations, Turkey has, froom the legal perspective according Article 49 EUV, the right to join the EU, but the EU does not have the obligation to take Turkey in. The European Council's Turkey resolution at its December 2004 Summit foresees a guarantee clause: If accesion of Turkey is not accomplished, yet both sides still have an interest in deeper cooperation and integration, then "it must be ensured that the candidate state concerned is fully anchored in the European structures through the strongest possible bond". The key question is which model would then work best for Turkey: supranational integration (accession) or intergovernmental cooperation (Privileged Partnership, Extenden Associated Membership, European Economic Area Plus). The model of Gradual Integration shows a new, a third way of integration this model proposes a new dynamic method of intergovernmental integration, including decisiom-making rights for Turkey, from which a new sui generis form of membership could result.
  • Topic: Economics
  • Political Geography: Europe, Turkey