Obama: First MovesThree weeks after the U.S. presidential election, we are getting the first signs of how President-elect Barack Obama will govern. That now goes well ... Read more... |
Towards a Grand Strategy for an Uncertain WorldIn every country, and at all times, we like to rely on certainty. But in a world of asymmetric threats and global challenges, our governments ... Read more... |
The Blueprint For Change - Barack ObamaI believe it’s critically important that those of us who want to lead this nation be open, candid, and clear with the American people about ... Read more... |
The future of the Royal Navy?The UK defence budget is tight. Defence spending plans are tighter still. I want to offer a quick thought or two on how the credit ... Read more... |
The Future of Resilience“Don’t get involved in partial problems, but always take flight to where there is a free view over the whole single great problem, even if ... Read more... |
Time for a U.S.-Iranian 'Grand Bargain'The next U.S. president, whether it is John McCain or Barack Obama, should reorient American policy toward the Islamic Republic of Iran as fundamentally as ... Read more... |
The Future of the G8: From "Library Group" to G13?Over the last few years, the annual G8 summits have attracted more attention than ever before in the history of this group of states originally ... Read more... |
Which Idea Will Dominate the 21st Century?The most influential force in the world is the idea. Gods, priests, kings, dictators, democrats, terrorists, anarchists all need an idea to justify themselves. It ... Read more... |
A tale of two futuresNever make predictions, especially about the future, is a wise piece of advice. But prophecy can also be understood as "suggesting the possible." The possible ... Read more... |
The End of the End of HistoryWhy the twenty-first century will look like the nineteenth. "The global competition between democratic governments and autocratic governments will become a dominant feature of the twenty-first-century ... Read more... |
|
More in: New Atlantic |
- + 1 |
Kosovo and the Future of Balkan SecurityOn 17 February 2008, the Assembly of Kosovo declared the independence of this territory, which has been formally part of Serbia but under international ... Read more... |
|
More in: Eurasia |
- + 1 |
Red Alert: Possible Geopolitical Consequences of the MumbaiIf the Nov. 26 attacks in Mumbai were carried out by Islamist militants as it appears, the Indian government will have little choice, politically ... Read more... |
India: The Need to ReactA massive and well-organized attack by militants in Mumbai, India, has left nearly 100 people dead so far, promises to cut deeply into India’s ... Read more... |
India's Quest for Continuity in the Face of ChangeUnlike the dominant sentiment in the United States and many other countries for change in Washington, New Delhi seeks continuity in its engagement with the ... Read more... |
Crash and Burn: How the global economic crisis could bring dNormally, the Pearl River Delta, a manufacturing hub in southern China, whirs with the sound of commerce. Alongside massive new highways, clusters of factories churn ... Read more... |
The Rise of the Indian Economy: Transatlantic and Global Imp2005, for the first time in over 100 years, emerging economies accounted for more than half of the world’s GDP in purchasing power parity ... Read more... |
Reassessing the Fleeting Potential for U.S.- China CooperatiFour years ago, I wrote in the pages of this Journal how the United States and China share vital interests in Central Asia and should ... Read more... |
China's Integration of Xinjiang with Central Asia: SecuringSinkiang, in its pivotal position in the heart of Asia, will most rapidly transmit to India, Pakistan, Afghanistan, and Iran the news that passes from ... Read more... |
China's Central Asian Strategy and the Xinjiang Connection:Following the disintegration of the Soviet Union in the early 1990s, the PRC (People's Republic China) has been facing unprecedented challenges, new opportunities as well ... Read more... |
The End of History? - Certainly Not Through Asia's EyesThe rise of Asia is a zero-sum game, which necessarily means the relative decline of the West. This outcome has gained an extra edge because ... Read more... |
India and the financial crisis: between damage control and tIn the months running up to the Day that Lehman Died, India's financial regulators were concerned only about slaying the dragon of inflation. And with ... Read more... |
|
More in: Chindia |
- + 1 |
| Protecting Europe from its paradoxes |
|
European citizens are almost homogenously turning to governments that are promising more "security" and more "protection" from today's challenges and threats. European leaders' discourse has downgraded the commitment to growth, cohesion and convergence. Similarly, self-interest policies overrun the pledge to inclusiveness, deregulation, competition and competitiveness. A re-mix of sovereign-style power and ethno-economic identity make the new euro-conservatism entangle both the idea of progress as well the one of liberty and liberism. The new euro-conservatism appears primarily anti-reformists but also adverse to free market competition, labour-market flexibility, deregulation of the service industry, and pension reforms. Some analysts wave the dangers of this situation that may be hampering the potential and thesocial stability of the EU, which since its foundation has kept a balance of progress and conservatism. Moreover it is resulting into a consistent reduction of the opportunities for Europe's youth and disadvantaged groups. It is not a coincidence that the final text of the Treaty of Lisbondoes not refer anymore to competition as one of the prime goals of the EU.Similarly it is not a surprise that the EU Commission has adopted a new harmonized and restrictive policy about immigrants and expulsions. The Euro is ten years on. However, the economic and monetary union does not seem to have promoted economic convergence among the major economies. If anything, the reverse is true. Monetary policy alone cannot make the mature economies of the eurozone converge. It would be unrealistic to expect it to. The only way to achieve that kind of convergence would be to create an enormous centraleurozone budget which could redistribute money between countries to help smooth out the differences between them. There are some die-hard Europhiles who wouldsupport this. But don't hold your breath. On the ground of politics, it is a paradox that the discourse of thenew euro-conservatives on policies for employment, economy, and internationaltrade recalls the late seventies leftist ideologies. While the new euro-conservatives are increasingly opposing the liberalization process and the deregulation, it is even more paradoxical that the center-left forces have instead adopted the discourse of the OECD, long time considered the temple of liberalism. In such a climate, lasting the EU success requires bolder proposals. |
| Last Updated on Wednesday, 18 February 2009 08:09 |