America and Europe: A Partnership for a New Era
The nine authors of this valuable compendium seek a new partnership for the troubled union between Europe and the United States. Their core assumption and insight is that Euro-Atlanticism offers the only viable basis on which to sustain American foreign policy, vastly superior to all the other "isms" -- isolationism, unilateralism, and U.N.-based multilateralism -- that parade as false substitutes. Working from the bottom up in seeking the foundations of a workable world order, the authors, mainly affiliated with RAND, seek a new partnership with Europe that is "more ambitious, more global, and more equal." That is a tall order, because certain inequalities are built into the terms of the relationship, and because Europe and America have been most often at loggerheads when they have encountered one another "out of area." So there is much reason to suspect that the more ambitious projects thoughtfully explored in this volume will go awry, and much reason to believe in the indispensability of seeking common action anyway.
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America now faces the prospect of economic conflicts with both Europe and East Asia. The United States and the European Union have already fired the first shots of retaliatory sanctions over their ever-growing trade disputes. On the other side of the world, meanwhile, Asian countries are creating a bloc of their own that could include preferential trade arrangements and an Asian Monetary Fund. These developments could produce a tripolar world and hamper global economic integration. To avert this outcome, the United States must quell its domestic backlash against globalization and reassert its economic leadership in the world. The new Bush administration should make multilateral trade liberalization a top priority -- or it will face unpleasant economic and political consequences as the U.S. and foreign economies slow.
Noel Malcolm's history of Serbia's flashpoint province is marred by his sympathies for its ethnic Albanian separatists, anti-Serbian bias, and illusions about the Balkans.
Richard Holbrooke's gripping memoir shows how he improvised a makeshift peace in what was left of Bosnia despite a timorous Pentagon, a reluctant president, waweirding allies, and brutal ethnic cleansers. But the Dayton Accord came too late.

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