Rethinking Europe's Future
Chapter One
OLD EUROPE AND NEW EUROPE
EUROPE BEGAN the twentieth century as the world's leading region. By the middle of the century it was devastated and occupied. By the end it was once more prosperous and free. Given Europe's roller-coaster ride through the past century, no one can predict with much assurance what its fate will be in the new. There are too many unpredictable elements. Europe has volatile neighbors to the east and south, including giant, foundering Russia. Old Balkan quarrels have revived in savage warfare. Security still depends heavily on the United States, whose own agenda is uncertain and disoriented. And prosperity hinges on a world economy shaken by seismic changes not necessarily favorable to Europe. True, Europe's old nation states have left the twentieth century tied into a union that promises a better future. But that union is now embarked upon bold but hazardous experiments with monetary integration and territorial expansion. Its complex institutions are overstretched and need fundamental reforms. Meanwhile, ancient national rivalries smolder among the partners. With so many contingent uncertainties, even the most knowledgeable p ... read full excerpt from: Rethinking Europe's Future ebook