PARIS: Having effectively turned its back on the Cold War era by accepting three former Warsaw Pact countries as members, NATO must now focus its efforts in two directions: making certain that enlargement enhances security and stability in Europe; and renovating its command structures so as to meet the military challenges of today and tomorrow. An unusually favorable combination of skillful statesmanship (and plain good luck) will be required if this reconstruction of NATO is to succeed in strengthening, rather than diminishing, security. Four areas will be of vital importance:
1. managing relations with Russia:
2. defusing the transatlantic burden-sharing debate
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Since the 1990s, Western companies have invested a fortune in the Chinese economy, and tens of thousands of Chinese students have studied in US and European universities or worked in Western companies. None of this made China more democratic, and now it is heading toward an economic showdown with the US.
argue that the strategy of economic engagement has failed to mitigate the Chinese regime’s behavior.
While Chicago School orthodoxy says that humans can’t beat markets, behavioral economists insist that it’s humans who make markets, which means that humans can strive to improve their functioning. Which claim you believe has important implications for both economic theory and financial regulation.
uses Nobel laureate Robert J. Shiller’s work to buttress the case for a behavioral approach to economics.
PARIS: Having effectively turned its back on the Cold War era by accepting three former Warsaw Pact countries as members, NATO must now focus its efforts in two directions: making certain that enlargement enhances security and stability in Europe; and renovating its command structures so as to meet the military challenges of today and tomorrow. An unusually favorable combination of skillful statesmanship (and plain good luck) will be required if this reconstruction of NATO is to succeed in strengthening, rather than diminishing, security. Four areas will be of vital importance:
1. managing relations with Russia:
2. defusing the transatlantic burden-sharing debate
To continue reading, register now.
Subscribe now for unlimited access to everything PS has to offer.
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