Suchergebnisse

The sovereign debt crisis in the Eurozone has led to a global perception of European decline. The article deals with the short- and long-term impact of the crisis on selected indicators of EU global influence. Based on an analysis of different dimensions of the EU's power as global actor, the article argues that a comprehensive loss of EU influence has not yet occurred. The consequences of the crisis vary greatly according to the subject area. Adapted from the source document

President John F. Kennedy's frequent visits to West European capitals created an image of the American dream that included Europe in a "transatlantic community that was symbolized by modernity, technological progress, & economic prosperity." The dream died with the president. Neither Lyndon Johnson nor Richard Nixon wanted such a cooperative economic relationship with Europe. This chapter examines the nature of the American challenge to Western Europe with regard to technological development & monetary policy, 1965-1973 -- its moments both of conflict & of cooperation. Focus is on what lay behind the policy shift & what happened in Europe as a result, ie, the development of a Europe-centered view of economic cooperation & development, without which the European Union might never have come to fruition. J. Stanton