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Europe's Century of Crises Under Dollar Hegemony: A Dialogue on the Global Tyranny of Unsound Money

This book showcases written dialogue from Brendan Brown and Philippe Simonnot on the subject of European monetary turmoil past and present and what hope there could be for future reform. Starting with the collapse of the gold standard in 1914, proceeding to the brief gold-dollar standard of the mid inter-war years, on to the collapse of Bretton Woods and the heyday of the Deutsche mark and ultimately discussing the euro, this book looks at a broad range of financial history alongside many new and provoking hypotheses about the devastating monetary turbulence of the successive eras, always with a focus on the US monetary hegemon. A highlight of the dialogue is an exploration of how past and future crises could combine to give birth to sound money in Europe – the launch, in effect, of a new euro. In the questions and answers within these pages, the authors draw on global examples and the challenges for Europe in deciding how to adapt to successive monetary shocks from the US, crafting a book that would be of interest to general finance and economics readers alongside students, researchers, and policymakers.

Europe's Cold War Relations: The EC Towards a Global Role (New Approaches to International History)

This thought-provoking collection analyses the European Community's external relations between 1957 and 1992, with a particular focus upon their broader impact and global significance. Reconceptualizing the long arc of the EC's international role, from its inception in the 1950s to the end of the Cold War, the chapters identify and assess the factors that either supported or impeded Europe's international projection within this period.Organized into three parts, the authors investigate the EC's relations with key countries and world regions, discuss its activities within key policy areas, and offer reflections and conclusions on the various arguments that are put forward. Each chapter considers the entire period from 1957-1992 to identify and explain overarching trends, key decisions and historical conjunctions through scholarly literature, key debates and original discussion of each topic or policy issue. A final chapter situates the main findings within wider contexts, situating the EC in Cold War history. Bringing together international history and international relations, this project allows for cross-disciplinary dialogue and the careful discussion of key concepts, analytical approaches, and empirical findings. Filling a gap in our understanding of the early development of the EC's role as an autonomous global actor, this book holds important messages for the modern day, as the EU's position in global politics continues to shape the world.

Europe's Cold War Relations: The EC Towards a Global Role (New Approaches to International History)

This thought-provoking collection analyses the European Community's external relations between 1957 and 1992, with a particular focus upon their broader impact and global significance. Reconceptualizing the long arc of the EC's international role, from its inception in the 1950s to the end of the Cold War, the chapters identify and assess the factors that either supported or impeded Europe's international projection within this period.Organized into three parts, the authors investigate the EC's relations with key countries and world regions, discuss its activities within key policy areas, and offer reflections and conclusions on the various arguments that are put forward. Each chapter considers the entire period from 1957-1992 to identify and explain overarching trends, key decisions and historical conjunctions through scholarly literature, key debates and original discussion of each topic or policy issue. A final chapter situates the main findings within wider contexts, situating the EC in Cold War history. Bringing together international history and international relations, this project allows for cross-disciplinary dialogue and the careful discussion of key concepts, analytical approaches, and empirical findings. Filling a gap in our understanding of the early development of the EC's role as an autonomous global actor, this book holds important messages for the modern day, as the EU's position in global politics continues to shape the world.

Europe's Deadlock: How the Euro Crisis Could Be Solved — And Why It Still Won't Happen

With new material on the astonishing 2014–15 monetary rollercoaster, an incisive chronicler of the euro’s upheavals explains how Europe’s single currency has lurched in and out of crisis—with widespread repercussions for Britain and the rest of the world. “Marsh is an expert chronicler of European monetary union, and his analysis deserves serious consideration.”—George Soros “Europe’s Deadlock makes a hard-hitting case against ‘muddled thinking, lack of imagination and straightforward incompetence on the part of the politicians and technocrats charged with policing the single currency.’”—Ferdinando Giugliano, Financial Times “[A] pitiless analysis of a crisis that cannot be permitted to become a disaster.”—Iain Finlayson, The Times

Europe's Economic Dilemma

Europe's Economic Dilemma analyses the reasons why the European Union's growth rate has fallen during the last quarter of a century to little more than a third of its previous level. It concludes that the major reason has been politically driven attempts to lock EU currencies together in inappropriate economic circumstances. These have led to chronic deflation, rising unemployment and falling investment and competitiveness as EU Member States, without exchange rate flexibility, have found themselves unable to compete with Germany.

Europe’s Evolving Role in US Grand Strategy: Indispensable or Insufferable? (Routledge Studies in European Security and Strategy)

This book looks at the evolution of the role of Europe in US grand strategy, and unpacks how US administrations have instrumentalized this relationship in pursuit of extra-European objectives. The work considers geopolitical pressures in conjunction with leaders’ strategic ideas to provide an account of the evolution of the role of Europe in the context of US grand strategy. Observers generally agree on the vague notion that Europe has been de-prioritized in Washington’s external affairs. Against this background, the book makes the case that such de-prioritization of Europe in the context of US grand strategy also entails a reconceptualization of the transatlantic relationship, namely as a region featuring long-standing relationships that can at times be leveraged in pursuit of non-European goals. The United States has a long history of seeking European support or acquiescence for its role as the leader of the international system, but whereas during the Cold War Washington enlisted its European allies in a grand strategic struggle against a European power, more recently, it has sought to enlist European allies in extra-European struggles of different types. Thinking about the role of Europe in US grand strategy now requires new theoretical and empirical tools that allow for the recognition of this very fact. Accordingly, this book proposes that strategic ideas on the viability of international cooperation held within the White House crucially shape what – if any -- type of support the United States seeks from Europe on the global stage. In doing so, the book adds important nuance to other accounts proclaiming either the proverbial death of the transatlantic relationship or the eternal and unchanging nature thereof. This book will be of much interest to students of European security, US foreign policy, and International Relations.

Europe’s Evolving Role in US Grand Strategy: Indispensable or Insufferable? (Routledge Studies in European Security and Strategy)

This book looks at the evolution of the role of Europe in US grand strategy, and unpacks how US administrations have instrumentalized this relationship in pursuit of extra-European objectives. The work considers geopolitical pressures in conjunction with leaders’ strategic ideas to provide an account of the evolution of the role of Europe in the context of US grand strategy. Observers generally agree on the vague notion that Europe has been de-prioritized in Washington’s external affairs. Against this background, the book makes the case that such de-prioritization of Europe in the context of US grand strategy also entails a reconceptualization of the transatlantic relationship, namely as a region featuring long-standing relationships that can at times be leveraged in pursuit of non-European goals. The United States has a long history of seeking European support or acquiescence for its role as the leader of the international system, but whereas during the Cold War Washington enlisted its European allies in a grand strategic struggle against a European power, more recently, it has sought to enlist European allies in extra-European struggles of different types. Thinking about the role of Europe in US grand strategy now requires new theoretical and empirical tools that allow for the recognition of this very fact. Accordingly, this book proposes that strategic ideas on the viability of international cooperation held within the White House crucially shape what – if any -- type of support the United States seeks from Europe on the global stage. In doing so, the book adds important nuance to other accounts proclaiming either the proverbial death of the transatlantic relationship or the eternal and unchanging nature thereof. This book will be of much interest to students of European security, US foreign policy, and International Relations.

Europe’s Grand Strategy: Navigating a New World Order (Palgrave Studies in European Union Politics)

This book proposes that the European Union should craft a grand strategy to navigate the new world order based on a four-pronged approach. First, European decision-makers (both in Brussels and across EU capitals) should take a broader view of their existential interests at stake and devote greater time and resources to serving them within the wider cause of the liberal order. Second, Europe needs to help reinvigorate the West by restoring a sense of solidarity through fairer distribution of benefits and burdens. Third, it should develop separate strategies for parts of the world, such as Russia and China, where liberal values are not likely to be attainable in the foreseeable future yet order is still necessary. Fourth, Europe needs to clarify its core interests elsewhere and help stabilize the Middle East and Africa. With this book, the author seeks to lay the essential building blocks for developing a European strategy, which is a complex process involving multiple decision-makers and institutions.

Europe’s India: Words, People, Empires, 1500–1800

When Portuguese explorers first arrived in India, the maritime passage initiated an exchange of goods as well as ideas. European ambassadors, missionaries, soldiers, and scholars who followed produced a body of knowledge that shaped European thought about India. Sanjay Subrahmanyam tracks these changing ideas over the entire early modern period.

Europe’s India: Words, People, Empires, 1500–1800

When Portuguese explorers first arrived in India, the maritime passage initiated an exchange of goods as well as ideas. European ambassadors, missionaries, soldiers, and scholars who followed produced a body of knowledge that shaped European thought about India. Sanjay Subrahmanyam tracks these changing ideas over the entire early modern period.

Europe’s Infrastructure Transition: Economy, War, Nature (Making Europe)

Europe's infrastructure both united and divided peoples and places via economic systems, crises, and wars. Some used transport, communication, and energy infrastructure to supply food, power, industrial products, credit, and unprecedented wealth; others mobilized infrastructure capacities for waging war on scales hitherto unknown. Europe's natural world was fundamentally transformed; its landscapes, waterscapes, and airscapes turned into infrastructure themselves. Europe's Infrastructure Transition reframes the conflicted story of modern European history by taking material networks as its point of departure. It traces the priorities set and the choices made in constructing transnational infrastructure connections - within and beyond the continent. Moreover, this study introduces an alternative set of historically-key individuals, organizations, and companies in the making of modern Europe and analyzes roads both taken and ignored.

Europe's Inner Demons: The Demonization of Christians In Medieval Christendom

In this ground-breaking book, Professor Norman Cohn traces popular beliefs about witches to their origins. He examines the fantasies that inspired the great European witch-hunt of the 16th and 17th centuries when thousands of innocent people were tortured and burned alive. It is a fascinating history of the need to imagine antihuman conspiracies and an investigation of how those fantasies made the great European witch-hunt possible. In addition, Professor Cohn's discovery that some influential sources on witch trials were forgeries has revolutionized the field of witchcraft studies, making this one of the most essential books ever written on the subject.

Europe's Inner Demons: The Demonization of Christians in Medieval Christendom

Europe's Inner Demons is a fascinating history of the irrational need to imagine witches and an investigation of how those fantasies made the persecutions of the middle ages possible. In addition, Norman Cohn's discovery that some influential sources on European witch trials were forgeries has revolutionized the field of witchcraft, making this one of the most essential books ever written on the subject.

Europe's Intellectuals and the Cold War: The European Society of Culture, Post-War Politics and International Relations (International Library of Twentieth Century History)

In 1946, Europe's leading artists, philosophers and writers formed a transnational society designed to defuse the tensions left by World War II. The Society of European Culture was founded by some of Western Europe's most well-known intellectuals, including Albert Camus, André Gide, J.B. Haldane, Thomas Mann, Henri Matisse, Maurice Merleau-Ponty, Jean-Paul Sartre and Albert Schweitzer amongst others. The SEC created an informal but powerful political and cultural network across the world – seeking to enable dialogue between the Soviet East and the liberal West and further a 'trans-European' cultural ideal. Here, in the first complete history of the organization, Nancy Jachec demonstrates the profound influence its members exercised during the signing of the Helsinki Accords of 1975. Its founder and chairman, Umberto Campagnolo, was nominated twice for the Nobel Peace prize, and is one of the great 'forgotten men' of a crucial period in world history, as the Iron Curtain fell.

Europe's Intellectuals and the Cold War: The European Society of Culture, Post-War Politics and International Relations

In 1950, nearly 300 of Europe's leading artists, philosophers and writers formed an international society intended to end the Cold War. The European Society of Culture was composed of many of Western Europe's best-known intellectuals, including Theodor Adorno, Julien Benda, Albert Camus, Benedetto Croce, Andre Gide, J. B. Haldane, Karl Jaspers, Carl Jung, Thomas Mann, Henri Matisse, Francois Mauriac, Maurice Merleau-Ponty, Jean-Paul Sartre, Giuseppe Ungaretti and Albert Schweitzer, among many others; over the next twenty years it would also include many luminaries from the East, such as Bertolt Brecht, Ernst Bloch, Ilya Ehrenburg and Georg Lukacs. Pioneering the earliest political discussions between intellectuals in Eastern and Western Europe that would serve as a model for the activities of the better-known CCF in its efforts to end communism, the ESC went on to create an informal but powerful, 1,600 member-strong cultural and political network across the world in pursuit of dialogue between the Marxist East and the liberal West, and in pursuit of peace and shared cultural values.Here, in this first, comprehensive history of the SEC's early years, Nancy Jachec demonstrates the influence its members had not only on preventing the isolation of Europe's eastern states, but on enabling the flow of people, publications and ideas from the West into the East, thus playing a vital role in introducing the ideals of human rights and cultural rights in the East in the run-up to the signing of the Helsinki Accords of 1975. She also shows the profound impact that the SEC had on the development of post-colonial theory through the exchanges it organised between European and African intellectuals, directly shaping the expectations statesmen like Leopold Sedar Senghor, revolutionaries like Frantz Fanon, and institutions such as Unesco would have of culture in newly emerging countries.

Europe's Languages on England's Stages, 1590–1620

Though representations of alien languages on the early modern stage have usually been read as mocking, xenophobic, or at the very least extremely anxious, listening closely to these languages in the drama of Shakespeare and his contemporaries, Marianne Montgomery discerns a more complex reality. She argues instead that the drama of the early modern period holds up linguistic variety as a source of strength and offers playgoers a cosmopolitan engagement with the foreign that, while still sometimes anxious, complicates easy national distinctions. The study surveys six of the European languages heard on London's commercial stages during the three decades between 1590 and 1620-Welsh, French, Dutch, Spanish, Irish and Latin-and the distinct sets of cultural issues that they made audible. Exploring issues of culture and performance raised by representations of European languages on the stage, this book joins and advances two critical conversations on early modern drama. It both works to recover English relations with alien cultures in the period by looking at how such encounters were staged, and treats sound and performance as essential to understanding what Europe's languages meant in the theater. Europe's Languages on England's Stages, 1590-1620 contributes to our emerging sense of how local identities and global knowledge in early modern England were necessarily shaped by encounters with nearby lands, particularly encounters staged for aural consumption.

Europe's Languages on England's Stages, 1590–1620

Though representations of alien languages on the early modern stage have usually been read as mocking, xenophobic, or at the very least extremely anxious, listening closely to these languages in the drama of Shakespeare and his contemporaries, Marianne Montgomery discerns a more complex reality. She argues instead that the drama of the early modern period holds up linguistic variety as a source of strength and offers playgoers a cosmopolitan engagement with the foreign that, while still sometimes anxious, complicates easy national distinctions. The study surveys six of the European languages heard on London's commercial stages during the three decades between 1590 and 1620-Welsh, French, Dutch, Spanish, Irish and Latin-and the distinct sets of cultural issues that they made audible. Exploring issues of culture and performance raised by representations of European languages on the stage, this book joins and advances two critical conversations on early modern drama. It both works to recover English relations with alien cultures in the period by looking at how such encounters were staged, and treats sound and performance as essential to understanding what Europe's languages meant in the theater. Europe's Languages on England's Stages, 1590-1620 contributes to our emerging sense of how local identities and global knowledge in early modern England were necessarily shaped by encounters with nearby lands, particularly encounters staged for aural consumption.

Europe's Last Chance: Why the European States Must Form a More Perfect Union

In the heart of Europe's current crisis, one of the continent's foremost statesmen issues a clarion call to radically remake the European Union in the mold of the United States' own federal governmentEurope is caught in its greatest crisis since the Second World War. The catalog of ills seems endless: an economic crisis spread through most of Europe's Mediterranean tier that has crippled Greece and driven a wedge between northern and southern Europe; terrorist attacks in Paris, Cologne, Brussels, and Nice; growing aggression from Russia in Ukraine and the Baltic states; and refugees escaping war-torn neighbors. The European Union's inability to handle any of these disasters was a driving factor in Great Britain voting to leave, and others may soon follow. The result won't just be a continent in turmoil, but also a serious threat to American and British security-the Atlantic, let alone the Channel, simply isn't big enough to keep European troubles in Europe. For everyone's sake, Europe must survive.The question is how. In Europe's Last Chance, Guy Verhofstadt-former prime minister of Belgium and current leader of the liberal faction in the European Parliament-provides the essential framework for understanding Europe today, laying bare the absurdity of a system in which each member state can veto legislation, opt in or out of the Euro, or close borders on a whim. But Verhofstadt does not just indict the European Union, he also offers a powerful vision for how the continent can change for the better. The key, argues Verhofstadt, is to reform the European Union along the lines of America's federal government: a United States of Europe strong enough to stand with the United States of America in making a better, safer world.A visionary book from one of today's luminaries of European leadership, Europe's Last Chance is a clarion call to save the European Union, one of the world's greatest chances for peace and prosperity.

Europe's Last Chance: Why the European States Must Form a More Perfect Union

In the heart of Europe's current crisis, one of the continent's foremost statesmen issues a clarion call to radically remake the European Union in the mold of the United States' own federal government Europe is caught in its greatest crisis since the Second World War. The catalog of ills seems endless: an economic crisis spread through most of Europe's Mediterranean tier that has crippled Greece and driven a wedge between northern and southern Europe; terrorist attacks in Paris, Cologne, Brussels, and Nice; growing aggression from Russia in Ukraine and the Baltic states; and refugees escaping war-torn neighbors. The European Union's inability to handle any of these disasters was a driving factor in Great Britain voting to leave, and others may soon follow. The result won't just be a continent in turmoil, but also a serious threat to American and British security-the Atlantic, let alone the Channel, simply isn't big enough to keep European troubles in Europe. For everyone's sake, Europe must survive. The question is how. In Europe's Last Chance, Guy Verhofstadt-former prime minister of Belgium and current leader of the liberal faction in the European Parliament-provides the essential framework for understanding Europe today, laying bare the absurdity of a system in which each member state can veto legislation, opt in or out of the Euro, or close borders on a whim. But Verhofstadt does not just indict the European Union, he also offers a powerful vision for how the continent can change for the better. The key, argues Verhofstadt, is to reform the European Union along the lines of America's federal government: a United States of Europe strong enough to stand with the United States of America in making a better, safer world. A visionary book from one of today's luminaries of European leadership, Europe's Last Chance is a clarion call to save the European Union, one of the world's greatest chances for peace and prosperity.

Europe's Last Frontier?: Belarus, Moldova, and Ukraine between Russia and the European Union

Three former western Soviet republics - Ukraine, Belarus, and Moldova - now find themselves torn between the European Union and the increasingly assertive Russia. This volume examines the foreign and domestic policies of these states with an eye to the lasting legacy of Russian domination and the growing attraction of Europe.

Europe's Last Summer: Who Started The Great War In 1914?

The Great War not only destroyed the lives of over twenty million soldiers and civilians, it also ushered in a century of huge political and social upheaval, led directly to the Second World War and altered for ever the mechanisms of governments. And yet its causes, both long term and immediate, have continued to be shrouded in mystery. In Europe's Last Summer, David Fromkin reveals a new pattern in the happenings of that fateful July and August, which leads in unexpected directions. Rather than one war, starting with the assassination of Archduke Franz Ferdinand, he sees two conflicts, related but not inseparably linked, whose management drew Europe and the world into what The Economist described as early as 1914 as 'perhaps the greatest tragedy in human history'.

Europe's Long Twelfth Century: Order, Anxiety and Adaptation, 1095-1229 (European History in Perspective)

Between 1095 and 1229, Western Europe confronted a series of alternative cultural possibilities that would fundamentally transform its social structures, its intellectual life, and its very identity. It was a period of difficult decisions and anxiety rather than a triumphant 'renaissance'.In this fresh reassessment of the twelfth century, John D. Cotts:• shows how new social, economic and religious options challenged Europeans to re-imagine their place in the world• provides an overview of political life and detailed examples of the original thought and religious enthusiasm of the time• presents the Crusades as the century's defining movement.Ideal for students and scholars alike, this is an essential overview of a pivotal era in medieval history that arguably paved the way for a united Europe.

Europe's Long Twelfth Century: Order, Anxiety And Adaptation, 1095-1229 (PDF)

Between 1095 and 1229, Western Europe confronted a series of alternative cultural possibilities that would fundamentally transform its social structures, its intellectual life, and its very identity. It was a period of difficult decisions and anxiety rather than a triumphant "renaissance. " In this fresh reassessment of the twelfth century, John D. Cotts: * shows how new social, economic and religious options challenged Europeans to re-imagine their place in the world * provides an overview of political life and detailed examples of the original thought and religious enthusiasm of the time * presents the Crusades as the century's defining movement. Ideal for students and scholars alike, this is an essential overview of a pivotal era in medieval history that arguably paved the way for a united Europe.

Europe's Myths of Orient: Devise and Rule (pdf)

Europe's Orphan: The Future of the Euro and the Politics of Debt

Originally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. In Europe's Orphan, leading economic commentator Martin Sandbu presents a compelling defense of the euro. He argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the eurozone and its member countries. The eurozone's self-inflicted financial calamities and economic decline resulted from a toxic cocktail of unforced policy errors by bankers, politicians, and bureaucrats; the unhealthy coziness between finance and governments; and, above all, an extreme unwillingness to restructure debt.Sandbu traces the origins of monetary union back to the desire for greater European unity after the Second World War. But the euro’s creation coincided with a credit bubble that governments chose not to rein in. Once the crisis hit, a battle of both ideas and interests led to the failure to aggressively restructure sovereign and bank debt. Ideologically informed choices set in motion dynamics that encouraged more economic mistakes and heightened political tensions within the eurozone. Sandbu concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous—and risks sending the continent into further political paralysis and economic stagnation.Contending that the euro has been wrongfully scapegoated for the eurozone’s troubles, Europe’s Orphan charts what actually must be done for the continent to achieve an economic and political recovery.This revised edition contains a new preface addressing the economic and political implications of Brexit, as well as updated text throughout. Europe’s Orphan charts what actually must be done for the continent to achieve a full recovery.