A year ago, when Nicolas Sarkozy was campaigning for the French presidency, he promised a “rupture” with the past. But the rupture has come in an unexpected area: the foreign policy consensus that has prevailed since the days of Charles de Gaulle.
PARIS – A year ago, when Nicolas Sarkozy was campaigning for the French presidency, he promised a “rupture” with the past. So far, few French people can see the sort of rupture that Sarkozy promised. But they are wrong to think that nothing has changed in the first year of his presidency. Sarkozy has, in fact, brought about a rupture, albeit in an unexpected area: the foreign policy consensus that has prevailed since the days of Charles de Gaulle.
Of course, it is impossible at this early stage to evaluate with any degree of precision the long-term strategic repercussions of Sarkozy’s apparent decision to return France to NATO’s integrated military command and strengthen the French military commitment to NATO’s out-of-theater engagement – its first ever – in Afghanistan. But the implication of these decisions is clear: France under Sarkozy is now back at the heart of the Atlantic Alliance.
Although this may seem mundane outside France, Sarkozy’s foreign policy revolution has incited fierce opposition at home. Indeed, all left-wing parties denounce Sarkozy’s rupture with the Fifth Republic’s military/diplomatic heritage.
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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 – A year ago, when Nicolas Sarkozy was campaigning for the French presidency, he promised a “rupture” with the past. So far, few French people can see the sort of rupture that Sarkozy promised. But they are wrong to think that nothing has changed in the first year of his presidency. Sarkozy has, in fact, brought about a rupture, albeit in an unexpected area: the foreign policy consensus that has prevailed since the days of Charles de Gaulle.
Of course, it is impossible at this early stage to evaluate with any degree of precision the long-term strategic repercussions of Sarkozy’s apparent decision to return France to NATO’s integrated military command and strengthen the French military commitment to NATO’s out-of-theater engagement – its first ever – in Afghanistan. But the implication of these decisions is clear: France under Sarkozy is now back at the heart of the Atlantic Alliance.
Although this may seem mundane outside France, Sarkozy’s foreign policy revolution has incited fierce opposition at home. Indeed, all left-wing parties denounce Sarkozy’s rupture with the Fifth Republic’s military/diplomatic heritage.
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