Download PDF by Arthur I. Cyr (auth.): After the Cold War

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The urge to expand the European Union also clearly reflects implicitly considerable concern over German power. If failure to go all the way to 16 America and the World the projected ‘Europe 1992’ world of full integration shows that Euro­ peans are unwilling to accept a single central bank which, in de facto terms, would be a mirror image of the Bundesbank, expansion in the number of Union members is a device to reduce the market power of Germany, at least temporarily. If the destructive nationalism of an earlier period was a principal reason – indeed the key reason – for forming the Community of the Six in the mid-1950s, more traditional calculations of power and influence among states that fuelled European diplomacy his­ torically has re-emerged, though this time so far thankfully mainly in economic rather than military terms.

Whatever his shortcomings, he had the general qualities of decisiveness and ability to inspire loyalty and confidence that are essential to successful political leadership at the most senior level. 6 The enervating, seemingly endless Iran hostage crisis of Carter’s final months in office, entangling a President who psychologically could not let go of the issue, stood in marked contrast with the sense of strength and confidence that developed during the Reagan years. The Carter years, which included intense personal friction between the President and Ger­ man Chancellor Helmut Schmidt, and policy reversals on such matters as A Reagan Revolution?

The business of America is hardly only business; yet the gap between the two cultures, public and private, could be reduced to the benefit of both. Along with defence and economic issues, the right combinations of partners can and should be addressing Incentives for Analysis 29 social policy and social services questions of the sort that are always high on the domestic agenda and will become increasingly international as processes of migration and economic integration continue to expand. This leads into the final, most fundamental theme of the analysis which follows.

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