2017

Brexit Is a Wake-Up Call for Europe

The European Union is a historic compromise that’s gradually gotten stronger over its half-century existence. Until 2016. That’s when British citizens, by a very narrow margin, voted to leave the European Union. It’s hard to come up with Brexit’s price tag for the British. The administrative costs alone of the separation will be about $60… Continue reading Brexit Is a Wake-Up Call for Europe

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2014

The Costs of Reunification

Here’s a condensed version of what happened in Germany in 1989-90. The Germans in the East rose up against their authoritarian regime because they wanted freedom. Eventually they also got the German deutschmark and reunification. The cost of that economic and political reunification was shouldered almost entirely by West Germans while the benefits flowed mostly… Continue reading The Costs of Reunification

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2013

Serbia’s Strategic Ambiguity and the EU

Serbia this week adopted new guidelines for its talks with Kosovo. As usual, the Serbian parliament declared that it would never recognize the independence of the breakaway region. This was not a surprise. But the parliament also called for more autonomy for ethnic Serbians living in Kosovo. On the face of it, this latter statement… Continue reading Serbia’s Strategic Ambiguity and the EU

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