The economic crisis in Greece led to discussions on whether the euro was secure. To answer this question, first the functions of money, the theoretical basis of monetary policy, and the criteria for the security of a currency must be discussed. The crisis demonstrates that neither Keynesian interest control nor the monetarisms control of the money amount can solve the problem that led up to the crisis. The new approach of monetary theory discussed here is based on equilibriums of goods, money, and labor markets. The found equilibrium solution is not identity (approach of monetarism) and not "equilibrium with unemployment" (Keynes). But the approach in this book leads to a secure currency. (Series: Lingener Studies on Management and Technology / Lingener Studien zu Management und Technik, Vol. 6) [Subject: Economics]
A politically stable Ukraine at peace with its neighbours is essential for European security. This study analyzes the most frequently voiced concerns in Europe over Ukraine's independence: the evolution of democracy, the potential of ethnic Russian-based anti-independence mobilization, and the troubled Ukrainian-Russian relationship. After outlining the main political developments in Ukraine since 1991 the author discusses two potential challenges: the standing of anti-democratic political forces and the possibility of military involvement in politics. He assesses the likelihood of separatism in eastern and southern Ukraine and Crimea, and pressures for reintegration with Russia. He analyzes key issues of controversy in Ukrainian-Russian relations, as well as Ukraine's relations with its other neighbours, and considers alternative scenarios for future ties between Moscow and Kiev. A range of sources is used to identify how far the political and foreign policy stability of Ukraine is likely to be reinforced>
Ukraine has emerged as a new factor on the European security scene since 1991, and this book explores the ramifications of that development. It lays out the views of leading North American, West European, and Ukrainian security analysts on European security issues during the next decade and their priority, strategies for approaching these issues, Ukraine's role in European security, and the Atlantic Community and Ukraine's security. Then it compares these views and assesses the implications of the complex pattern of similarities and differences in perspective.
This book focuses on the problems of, and prospects for, strengthening the global system of security governance in a manner consistent with the aspirations and practices of the EU. The EU approach to security governance has been successful in its immediate neighbourhood: it has successfully exported its preferred norms and principles to applicant countries, thereby 'pacifying' its immediate neighbourhood and making all of Europe more secure. The EU governance orientation ultimately seeks to enlarge the European security community and expand the geopolitical area within which armed conflicts are inconceivable, and where state and private actors converge around a set of norms and rules of behaviour and engagement. The EU's success along its immediate boundaries has not yet been replicated on a global scale; it remains an open question whether the EU system of governance can be exported globally, owing to different normative structures (for example, a tolerance of armed conflict or non-democratic governance internally), great-power competition (such as US--China), or ongoing processes of securitization that has made it difficult to find a commonly accepted definition of security. Moreover, the EU system of security governance clashes with the continuing unwillingness of other major powers to cede or pool sovereignty as well as varying preferences for unilateral as opposed to multilateral forms of statecraft. This edited volume addresses both the practical and political aspects of security governance and the barriers to the globalization of the EU system of security governance, particularly in the multipolar post-Cold War era. This book will be of great interest to students of security governance, EU politics, European Security and IR in general. James Sperling is Professor of Political Science at the University of Akron, Ohio, USA. Jan Hallenberg is Professor of Political Science at the Department of Security and Strategic Studies, Swedish National Defence College. Charlotte Wagnsson is Assistant Professor in the Department of Strategic and Security Studies at the Swedish National Defence College.
This book engages with key contemporary European security issues from a variety of different theoretical standpoints, in an attempt to uncover the drivers of foreign policy and defence integration in the EU. Although European foreign policy has been attracting an ever-increasing number of International Relations (IR) scholars since the end of the Cold War, consensus on what drives European foreign policy integration has not yet emerged. This book seeks to encourage debate on this issue by examining a wide range of high-profile security issues which have roused significant interest from policy makers, academics and the public in recent years. The volume discusses, amongst other issues, the strategic posture of the European Union as a security actor, the troubled relationship with Russia, the debate regarding France’s relations with the US following France’s rapprochement with NATO and the EU’s influence in the Israeli-Palestinian conflict. The collective intent of the contributors to highlight the drivers of EU foreign policy and defence integration ties together the wide variety of topics covered in this volume, forming it into a comprehensive overview of this issue. By paying considerable attention not just to the internal drivers of EU cooperation, but also to the critical role played by the US as an incentive or obstacle to European security, this book presents a unique contribution to this field of debate. This book will be of much interest to students of European security, IR theory, Transatlantic Relations, European politics and EU foreign policy.
With the Lisbon Treaty in place and the European Union increasingly involved in international crisis management and stabilization operations in places near and far, this volume revisits the trajectory of a European strategic culture. Specifically, it studies the usefulness of its application in a variety of circumstances, including the EU’s operations in Africa and the Balkans as well as joint operations with NATO and the United Nations. The contributors find that strategic culture is a useful tool to explain and understand the EU's civilian and military operations, not in the sense of a ‘cause’, but as a European normative framework of preferences and constraints. Accordingly, classical notions of strategic culture in the field of international security must be adapted to highlight the specific character of Europe's strategic culture, especially by taking the interaction with the United Nations and NATO into account. Though at variance over the extent to which security and defence missions have demonstrated or promoted a shared strategic culture in Europe, the authors reveal a growing sense that a cohesive strategic culture is critical in the EU’s ambition of being a global actor. Should Europe fail to nurture a shared strategic culture, its actions will be based much more on flexibility than on cohesion. This book was published as a special issue of Contemporary Security Policy.
Since the end of World War II, security and defence have played a major role in European politics. With the European Union's increasing role on the global stage and with today's war on terrorism, security and defence issues have dramatically gained weight and importance in international politics. This compelling volume provides an interdisciplinary look at the development and current status of the European security system as well as selected key issues on today's security agenda. As such, it provides an excellent resource for those wishing to make sense of the complexities of defence and security issues in the European Union at a time of global change.
The New European Security Disorder presents a clear and comprehensive overview of the main actors, institutions and changes in European security since the end of the Cold War. Special emphasis is put on the assessment of threats to Europe's security, the lack of coherent leadershop in Bosnia and elsewhere, and the need for pan-European security institutions.
European Security after Iraqdeals with the key questions about the effect of the Iraq war, from the invasion of 2003 onwards, on relations within the European region and between Europe and the wider world. It is concerned with both immediate impacts and longer term trends in intra-European and transatlantic relations. Formerly published as a special issue of 'Perspectives on European Politics and Society', Volume 5, No. 3, 2004.
