United States or Chile ? Vote for the TOP Country of the Week !
Geopolitical instability, resurgent trade protectionism, dysfunctional global capital markets and banks can all reverse the course of a successful transition to market economies. Still, the more pernicious threats are from the inside: venal, delegitimized politicians, brain drain, crumbling infrastructure, cheap foreign competition, or inter-ethnic tensions.
As China and India grow in economic and geopolitical importance, an enlarged Europe will find itself in the profitable role of an intermediary between east and west. The wide-ranging benefits to the EU of enlargement are clear, therefore. What do the candidate states stand to gain from their accession? The answer is: surprisingly little.
The rise of a unified, industrially mighty and narcissistic Germany erased most of these achievements. By closely monitoring France, the Big Powers were fighting the last war instead of the three next ones. Following two ineffably ruinous world wars, Europe now shifted its geopolitical sights from France to Germany.
The strategic importance of western Europe has waned together with the threat posed by a dilapidated Russia. Both south Europe and its northern regions are emerging as pivotal. Enlargement would serve to enhance the dwindling geopolitical relevance of the EU and heal some of the multiple rifts with the USA. But the main benefits are economic.
Europe has vested historical, economic and geopolitical interests in the region, unlike America.
It was dreamt up by the French, obsessed, as usual, by their declining geopolitical fortunes and monetary prowess. Belgium already adopted the French franc when it became independent in 1830. The LMU was a natural extension of this franc zone and, as the two teamed up with Switzerland in 1848, they encouraged others to join them. Italy followed suit in 1861.
Hundreds of professional articles in all fields of finances and the economy and numerous articles dealing with geopolitical and political economic issues published in both print and web periodicals in many countries. Many appearances in the electronic media on subjects in philosophy and the Sciences and concerning economic matters. Contact Details: palma@unet.com.mk vaknin@link.com.mk
America requires more than $1 billion a day to maintain its current levels of government spending, consumption, and investment. There is another much hushed aspect of American indebtedness. It provides other trading blocks and countries for example, Japan and the oil producing countries with geopolitical leverage over the United States and its policies.
The third lesson is that international financial institutions can be of some help when not driven by political or geopolitical considerations and when not married to a dogma. Unfortunately, these are the rare cases. Most IFIs notably the IMF and, to a lesser extent, the World Bank are both politicized and doctrinaire.
As China and India grow in economic and geopolitical importance, an enlarged Europe will find itself in the profitable role of an intermediary between east and west. The wide-ranging benefits to the EU of enlargement are clear, therefore. What do the candidate states stand to gain from their accession? The answer is: surprisingly little.
Word Of The Day