Ireland

Europe’s Long-Term Growth Prospects

By Uri Dadush, Bennett Stancil

The Great Recession and subsequent debt crisis have left Europe with a deep and painful legacy. Output remains 7 percent below the pre-crisis trend; public debt levels continue to reach historic highs; banks remain fragile; and the Euro area is severely out of balance. To ensure that today’s downturn does not devolve into long-term slow growth and deflationary trends, European policy makers need to respond with far-reaching structural reforms.

The New World Order

For centuries we have used maps to delineate borders that have been defined by politics. But it may be time to chuck many of our notions about how humanity organizes itself. Across the world a resurgence of tribal ties is creating more complex global alliances. Where once diplomacy defined borders, now history, race, ethnicity, religion, and culture are dividing humanity into dynamic new groupings.

"Sages" on NATO Service

By George Garani

NATO New Strategic Concept should reply on a number of fundamental questions and global challenges. There are a few key directions which include stabilization of Afghanistan, involvement of Russia into mutually beneficial and mutually binding relations with Europe and extended North-Atlantic community, development of cooperation with non-governmental institutions, international organizations, cyber-threats struggling.