A brand new Europe was created after World War II: the European Union. A union based on purely neutral, that is to say, non-ideological, economic, scientific, educational foundations. This leads to a crucial question: are those foundations reliable and solid enough by themselves, or is there something sorely missing? Is the absence of spiritual foundations a sign that a more perfect union transcending nationalism and economic-political considerations will forever elude the European Union?
Ever since the Peace of Westphalia, Europe maintained the inner balance of powers by keeping its core section soft. Peripheral powers like England, France, Denmark, (Sweden and Poland being later replaced by) Prussia, the Ottomans, Habsburgs and Russia have pressed and preserved the center of continental Europe as their own playground.
Why is (the Korean peninsula and East) Asia unable to capitalize (on) its successes
Speculations over the alleged bipolar world of tomorrow (the so-called G-2, China vs. the US), should not be an Asian dilemma. It is primarily a concern of the West that, after all, overheated China in the first place with its (outsourced business) investments. Hence, despite a distortive noise about the possible future G-2 world, the central security problem of Asia remains the same: an absence of any pan-continental multilateral setting on the world’s largest continent. The Korean peninsula like no other Asian theater pays a huge prize because of it.
The Association of Southeast Asian Nations (ASEAN) countries have watched the crisis in Euro zone closely. Southeast Asia countries experience similar crisis towards the end of 1990s which shattered ‘the Asian micracle’ and, arguably, shifted EU interests away from the region.
A freshly released IMF’s World Economic Outlook brings (yet again, for the sixth year in a row, and for the third time this year only) no comforting picture to anyone within the G-7, especially in the US and EU. Will the passionately US-pushed cross-Atlantic Free Trade Area save the day? Or, would that Pact-push drag the things over the edge and mark an end of the unionistic Europe? Is the extended EU conflict with Russia actually a beginning of the Atlantic-Central Europe’s conflict over Russia, an internalization of mega geopolitical and geo-economic dilemma – who accommodates with whom, in and out of the Union?
The global economy has been performing moderately well, but the pace of expansion in the first half of 2014 has been surprisingly weak, panellists concluded at a session on the global economy on the first day of the eighth Annual Meeting of the New Champions in Tianjin, China, on 10-12 September.
In the last few years we have witnessed, in the very pages of this magazine, a debate on whether or not NATO has become an anachronism of the Cold War, which might have made sense when the West was confronting the former Soviet Union, but makes no sense now, in fact, some maintain, it needs to be jettison from present politics, if for no other reason that the EU needs to make its own decisions without interference from the US.