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Yet Another reason They Dislike Us. „Europe is rich, but the United States is richer.“

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CONTRIBUTORS:
  Author Tausch, Arno (University of Innsbruck)
  Author Berman, Russell A. (b. 1950, d. ----)
JOURNAL:
  Hoover Digest, Stanford University, 2005(1), 69 - 73.
YEAR: 2005
PUB TYPE: Journal Article
SUBJECT(S): Political Science, European Union Studies
DISCIPLINE: Political Science
HTTP: http://www.hooverdigest.org/
LANGUAGE: English
PUB ID: 103-414-662 (Last edited on 2005/04/11 07:53:16 GMT-6)
SPONSOR(S):
 
ABSTRACT:
In 2000 the European Union initiated its so-called Lisbon Process, with the stated goal of becoming “the most competitive and dynamic, knowledge-based economy in the world, capable of sustainable economic growth, creating more and better jobs and greater social cohesion” by the year 2010. To aspire to a more dynamic economy is hardly controversial, but the Lisbon Process was also, in effect, a unilateral declaration of competition with the United States. The race between the euro and the dollar on world currency markets added to the sense of competition between two systems that had once been considered part of an integrated “Atlantic West” in the not-so-distant years of the Cold War. The tension between Europe and the United States has been accompanied by a rising chorus of generalized anti-Americanism in European streets, largely with the pretext of the war in Iraq but in fact based in deeper structures independent of the war. This anti-Americanism grew precisely in the years in which the newly launched Lisbon Process turned into a failure. In terms of economic productivity, job growth, and other factors, both “Old Europe” (the Western European member states before enlargement, or “EU-15”) and “New Europe” (the “EU-25,” including 8 former communist states along with Cyprus and Malta) are far from becoming “the most competitive and dynamic . . . economy in the world.” When one thinks of Europe today, the word dynamic does not come quickly to mind.
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