Professional Documents
Culture Documents
Issues
What is United States foreign policy in
Europe?
How do the US see Europe and EU
How does the existence of the EU change
foreign policy approaches from the US
What can we learn from this?
WHY EUROPE?
Key Events
Truman Doctrine
Marshall Plan
North Atlantic Treaty Organization
The 1954 French defeat at Dien Bien Phu
The 1956 Suez crisis
1957 Treaty of Rome, which created European Economic Community.
Berlin wall
1966 French withdrawal from military structure of NATO
The Vietnam war, opposed by political and public opinion in western
Europe
End of the Bretton Woods system 1971, brought about by the Nixon
administration without reference to western European leaders.
Ostpolitik
1973 Yom Kippur War
1979 Soviet invasion of Afghanistan
1990-91 Gulf war
1991 outbreak of the Yugoslav Wars.
2003 invasion of Iraq.
EU Approach v US Approach
Trade agreements not merely as a scheme to
transfer products overseas, but as a part of
recovery strategy to gain markets (Rosecrance)
Crisis made foreign economy important, so
economies need to be more open to export
Big and small states all experience effects of
crisis and no political action can stop this
1929 : protectionism does not help
EU Approach v US Approach
Rose and Frankel: trade zones like EU increase
members trade volume and GDP growth
The EUs winning point have found cost
effective way to deal with economic demands
Economic cooperation more than a way to
get products abroad, but more to safeguard
recovery strategy and expand markets abroad
EU Approach v US Approach
Gilpin: US leadership in the rescue of war-torn
Europe was given a security umbrella by the
US but it also needs to agree to US economic
order
US dominance in global economy and
commodity resolved by convergence
Source: US Trade, EU Bilateral Trade and Trade with the World http://ec.europa.eu/trade/policy/countries-andregions/countries/united-states/
Source: US Trade, EU Bilateral Trade and Trade with the World http://ec.europa.eu/trade/policy/countries-andregions/countries/united-states/
Issues of Competitiveness
14 of the 20 largest commercial banks in the world are
European
Europe has larger share of small-to-medium size
entrepreneurial firms (67% of their total economy) than the
U.S. economy (46%).
The EU lags behind the U.S. in value-added to high tech
products, number of high tech patents, & of workers with a
high school degree. The U.S. lags behind Europe in number of
science/engineering college grads; government-financed R&D
& in new capital raised.
168 of Top 500 companies are European, compared to 153
American
Discussion
What are the common grounds and sources
of conflict between the US and Europe?
What is the form of US foreign policy to
Europe and EU?
Is a Union of European nations better for
US foreign policy?
How is integration better?
What can Indonesia learn
from this?