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  • Author: Franklin D. Kramer
  • Publication Date: 04-2014
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: As the Ukraine crisis demonstrates, in an unpredictable world, military capabilities can be a critical factor. The longstanding goals of the United States and its NATO allies have been to create a Europe whole and free, and globally to support such goals through collective defense, crisis management, and cooperative security. Ukraine raises the issue of how best to accomplish those ends. As part of the Ukraine response, there have been and will continue to be diplomatic, economic, and energy efforts. However, one key element will be to create more effective integrated capabilities that will support NATO's military tasks, and thus the values and goals that NATO represents.
  • Topic: NATO, Diplomacy, Economics
  • Political Geography: United States, Europe, Ukraine, North America
  • Author: Pinar Dost-Niyego, Orhan Taner
  • Publication Date: 04-2014
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: The recent events in Ukraine have revived the question of European dependence on Russian natural gas. The security of Europe's natural gas supply has been a consistently important issue in Russian-European Union (EU) relations. Russia provided 34 percent of EU gas in 2012, and Russian policies can have a direct impact on EU supplies. After the West-Russian confrontation over Ukraine, a lot has been said about the 'US shale gas revolution' and the possibilities of the United States becoming an energy exporter for future European energy needs. Although US energy independence seems to promise new perspectives for future European energy security, as well as for the balance of power in the Middle East, this is not for this decade. We cannot expect that the European Union would be able to cut off all of its energy relations with Russia, but we can foresee–or at least agree–that the European Union should diversify its natural gas supplies.
  • Topic: Security, Foreign Policy, Economics, Energy Policy
  • Political Geography: Russia, United States, Europe, Ukraine, Middle East, Asia
  • Author: Kenneth Katzman
  • Publication Date: 06-2014
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Since the seizure of US hostages in Iran following the 1979 revolution, the US government has imposed a succession of economic penalties against the Islamic Republic. The complexity and severity of these sanctions intensified following Iran's resumption of a uranium enrichment program in 2006. However, there are a variety of ways to provide extensive sanctions relief should there be a deal placing long-term restrictions on Iran's nuclear activities.
  • Topic: Economics, Energy Policy, Nuclear Weapons, Sanctions, Nuclear Power
  • Political Geography: Europe, Iran, Middle East, North America
  • Author: C. Boyden Gray
  • Publication Date: 02-2013
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: In the aftermath of World War II, the greatest concern facing the United States and its European allies was restraining the Soviet Union and preventing the spread of communism. Cooperation on military security was paramount, and the United States and Europe rose to the challenge by creating NATO, a new type of multilateral defense agreement. Once again, the transatlantic relationship is at a new and perilous crossroads. But now it is economic, rather than military security that is at risk. Crisis grips the economies of Europe, just as the United States, mired in historic levels of unemployment in the wake of the 2008 recession, is rethinking its strategic priorities and place in the world. As before, fears mount concerning the future of liberal democracy and Western capitalism. The question is whether transatlantic cooperation will again rise to the challenge.
  • Topic: NATO, Economics, International Trade and Finance, Treaties and Agreements, Financial Crisis, Reform
  • Political Geography: United States, Europe, North America
  • Author: Adnan Vatansever, David Koranyi
  • Publication Date: 03-2013
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Europe's energy discourse has been unjustifiably preoccupied with concerns about potential physical disruptions of Russian gas. Yet, the real challenge for European-Russian energy relations, and in fact, for European energy security, lies in settling on a price that leaves both sides content. While Europe will come under increasing pressure to acquire affordable energy resources to enhance its competitiveness, Gazprom may find it increasingly difficult to deliver gas at lower prices in the coming years.
  • Topic: Economics, Energy Policy, International Trade and Finance, Oil, Bilateral Relations
  • Political Geography: Russia, Europe
  • Author: Robert A. Manning, Peter Engelke
  • Publication Date: 06-2013
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: After the economic crisis ground global business to a halt, leaders on both sides of the Atlantic Ocean began to recognize that ensuring a stable and prosperous future would require building greater resiliency to structural risks. In the coming decades, episodic banking crises and regional economic imbalances will interrupt global growth. Robotics and computer networks will upend entire industrial sectors. Stressed global ecosystems, a changing climate, pandemics, and demographic decline will all add other risks. While no one can yet say how these risks may manifest, they will shape the future.
  • Topic: Economics, Science and Technology, Labor Issues
  • Political Geography: Europe
  • Author: David Koranyi
  • Publication Date: 10-2013
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: The fundamentals of the natural gas sectors of the United States and European Union (EU) are on divergent paths. While the US prepares for gas exports on the back of the unconventional gas revolution, Europe is facing declining indigenous production and growing dependence on imports. The Central and Southeastern Europe (CSEE) region has moved closer to integrate into the EU's internal energy market, but it remains in a vulnerable position in the short-term compared to the rest of the EU and especially the US due to the region's historic exposure to Gazprom's monopolistic abuse. A concerted US, EU, and regional effort is needed to implement a diversification strategy, where US liquefied natural gas (LNG) exports could make a real difference. In the medium and long run, the region can benefit from and play a crucial role in Europe's gas supply diversification strategy and may even succeed in adapting the US unconventional experience, contributing to a healthier energy import balance on the continent.
  • Topic: Economics, Energy Policy, Science and Technology, Natural Resources
  • Political Geography: United States, Europe, North America
  • Author: Mihaela Carstei
  • Publication Date: 06-2012
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Historically, energy security has played a central role in shaping the national security strategy and interests of the Baltic states. The diverse challenges that exist in the region make it necessary to focus on identifying areas of cooperation between the countries as they pursue diversified oil and gas supplies.This is crucial to achieve a regional approach to the European Union's common energy security goals.
  • Topic: Security, Economics, Energy Policy, Oil, Regional Cooperation
  • Political Geography: Europe
  • Author: Nicholas Dungan
  • Publication Date: 10-2012
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Vive la différence! or Plus ça change, plus c'est la môme chose? Which French expression best describes François Hollande and his socialist majority, elected in May and June to govern France for the next five years? The correct answer is: both.
  • Topic: Economics, Bilateral Relations, Governance, Reform
  • Political Geography: Europe, France
  • Author: Harlan Ullman
  • Publication Date: 07-2011
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Regardless of how the conflict in Afghanistan (along with NATO's role, presence, and draw down) is resolved, one consequence will be to increase the importance of U.S. European Command (EUCOM) both in Europe and for the entire transatlantic community. Whether Operation Enduring Freedom and International Security Assistance Force (ISAF) produce a stunning victory in which Afghanistan emerges as a stable state under the rule of law with a viable government or a rocky withdrawal in the midst of continuing violence with no clear solution in sight, NATO nations will have long tired of that war. Fortunately, the Lisbon Summit with a 2014 end date has eased domestic political pressures over Afghanistan. However, that relief is by no means permanent.
  • Topic: Defense Policy, Economics, International Cooperation, Military Strategy, Reform
  • Political Geography: Afghanistan, United States, Europe
  • Author: Julie Chon
  • Publication Date: 12-2011
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: When it comes to resolving financial crises, size matters, but so does transparency. In both the US and European crises, the drive for size—firing off enough public funds to plug the hole in the financial system—has proven to be self-defeating as markets raise ever higher, unrealistic, and inappropriate expectations for government policy. This strategy addresses some of the economics and none of the politics of crisis management. The race to meet the size test distracts policymakers from addressing the real impediment to restoring investor and public confidence: the inherent uncertainty and lack of transparency associated with extraordinary government actions in times of crisis. The absence of transparent decision-making inflicts a costly blow to the credibility of policymakers because markets and citizens cannot see or believe what leaders are doing to stabilize the financial system.
  • Topic: Debt, Economics, International Trade and Finance, Financial Crisis
  • Political Geography: United States, Europe
  • Author: Rob de Wijk
  • Publication Date: 02-2010
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Should NATO remain primarily a collective defense alliance or should it be transformed into a worldwide security provider? This question lies at the core of the debate in allied capitals as NATO develops its next Strategic Concept. New security challenges, as well as NATO's military operations in Afghanistan, suggest that the pressure for change has become irresistible.
  • Topic: NATO, Climate Change, Economics, Politics, International Security
  • Political Geography: Afghanistan, Europe, North America
  • Author: Franklin D. Kramer
  • Publication Date: 03-2010
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: The transatlantic partnership has historically been at the heart of U.S. foreign policy, and the North Atlantic Treaty Organization has been at the heart of the partnership. But the factors that long made "transatlantic" the dominant foreign policy construct have fundamentally changed – and with it has come a need for concomitant strategic and operational changes to meet new requirements.
  • Topic: Foreign Policy, Economics, International Cooperation, Reform
  • Political Geography: Afghanistan, United States, Europe, North America
  • Author: Boyko Nitzov, Ruslan Stefanov, Valentina Nikolova, Dobromir Hristov
  • Publication Date: 04-2010
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Energy security in Central-Eastern Europe and the Black Sea region is fraught with risks. By virtue of its geography, Bulgaria finds itself in a difficult nexus, drawn into Eurasia's contentious energy geopolitics and as a European Union member, involved in the Union's fragmented energy policy and complex regulatory, energy efficiency and climate change objectives. That position is challenging, but it also presents decision-makers in Sofia with opportunities.
  • Topic: Economics, Energy Policy, Reform
  • Political Geography: Europe, Central Asia, Bulgaria
  • Author: Franklin D. Kramer, John R. Lyman, Mihaela Carstei
  • Publication Date: 12-2010
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Energy security presents quintessential geopolitical challenges. In Central Europe, achieving energy security can be a critical element for a continent seeking to resolve vestigial Cold War complexities with Russia and toward meeting 21st century challenges including balanced economic development, energy diversity and climate change. Central Europe, utilizing both European Union support and Western European national assistance and enhanced by United States technical assistance, can take five key steps that will go far toward resolving energy security challenges and help to reframe the geopolitics of the continent.
  • Topic: Security, Economics, Energy Policy, Oil, Natural Resources
  • Political Geography: Russia, United States, Europe
  • Author: Jan Neutze, Philipa Tucker
  • Publication Date: 08-2005
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: A senior delegation from the Atlantic Council of the United States, led by W. Bowman Cutter and Paula Stern, visited key government, parliamentary, and private sector stakeholders in Frankfurt, Berlin, and Brussels in spring 2005. The delegation presented the findings of the Atlantic Council report, "The Transatlantic Economy in 2020: A Partnership for the Future?" to numerous business, government, and think tank audiences. This report summarizes the delegation's discussions.
  • Topic: Development, Economics, International Trade and Finance
  • Political Geography: United States, Europe, Germany, Berlin
  • Author: Frances G. Burwell, W. Bowman Cutter, Paula Stern, Peter S. Rashish
  • Publication Date: 11-2004
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: The United States and the European Union maintain the world's largest and most significant economic relationship, which in turn is a foundation supporting the transatlantic political partnership. By some estimates, the transatlantic economy — including two-way trade and foreign affiliate sales — totals $2.5 trillion and is responsible for 14 million jobs in the United States and Europe. It is not just the scale of the transactions, however; the transatlantic economy is deeply interconnected through impressive levels of foreign direct investment in both directions. Together, the United States and the EU have been key players in managing the global economy through the World Trade Organization, World Bank, and International Monetary Fund. They have been responsible for the major accomplishments in international trade liberalization of the last 40 years, and have spurred the adoption of global standards in a wide range of sectors.
  • Topic: Economics, International Cooperation, International Trade and Finance
  • Political Geography: United States, Europe
  • Author: Stuart E. Eizenstat
  • Publication Date: 04-2004
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: The 1990s saw a cascade of contentious sanctions legislation. Congress passed the Antiterrorism and Effective Death Penalty Act of 1996, including an amendment to the Sovereign Immunities Act, which permits lawsuits against governments on the terrorism list – a major step in denying foreign governments normal immunity from suit in U.S. courts. The Iran–Libya Sanctions Act (ILSA) was also passed in 1996, with the goal of discouraging third–country companies from investing in Iran or Libya. This sparked outrage from European countries, which objected to the act's “extra–territorial” reach, and from the European Union (EU) institutionally, which responded with a law barring any European company from complying with the legislation (and with similar provisions regarding Cuban trade under the controversial Helms–Burton Act).
  • Topic: International Relations, Economics, Terrorism
  • Political Geography: United States, Europe
  • Author: C. Richard Nelson, Chas W. Freeman Jr., Wesley K. Clark, Max Cleland, Gordon Smith, Robert L. Hutchings
  • Publication Date: 05-2001
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: With U.S. leadership, the Alliance has undertaken an impressive transformation over the past decade: from the July 1990 London Summit, which heralded a “Europe whole and free,” to the April 1999 Washington Summit, which welcomed three former Warsaw Pact members as new allies, even as NATO forces were engaged in combat for the first time. But the Alliance has not yet realized its full potential as an institution embracing all democratic nations of Europe dedicated to collective defense and embodying the interests and values of the transatlantic community. Moreover, the allies still confront important challenges to their shared goal of bringing lasting security to the European continent as a whole, as well as to the overall vitality of the transatlantic relationship.
  • Topic: Security, NATO, Economics
  • Political Geography: United States, Europe, London
  • Author: David L. Aaron, Donald L. Guertin
  • Publication Date: 04-2001
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: The economic relationship between the United States and the European Union (EU) is in the midst of a significant transition. In the past, the dominant element of that relationship was trade. This was only natural, given their large share of the global trading system: the United States generates 19 percent of world trade, and the European Union 20 percent. Moreover, the United States is the EU's largest trading partner, while the EU is the single largest importer into the United States and the second largest market for U.S. exports. But in recent years, several new elements have become more prominent in the transatlantic economic relationship, bringing with them both challenges and opportunities.
  • Topic: Economics, International Trade and Finance
  • Political Geography: United States, Europe