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1. Get "Smart": Paving the Way To A More Efficient Alliance

Author:
Young Atlanticists
Publication Date:
05-2012
Content Type:
Working Paper
Institution:
The Diplomatic Courier
Abstract:
NATO Secretary General Anders Fogh Rasmussen's concept of Smart Defense, defined as "ensuring greater security, for less money, by working together with more flexibility," will be a hot topic at the NATO Summit in Chicago. The Secretary General has stressed that to successfully maintain its strength amid shrinking defense budgets and economic austerity, NATO "must prioritize... must specialize... and must seek multinational solutions." The European Union, much of its membership overlapping with NATO, has endeavored to accomplish a similar task through pooling and sharing, but concerns over sovereignty have severely limited progress. This policy memo provides several recommendations on how NATO can overcome this roadblock to secure state participation in the Smart Defense initiative. As military cooperation remains a sensitive issue, the success of Smart Defense will depend on how well NATO packages and markets these projects. NATO leadership must prove Smart Defense’s utility and dynamism while demonstrating the financial and strategic benefits to be gained by swift and comprehensive implementation. In order to create attractive projects, NATO will have to focus on four policy areas: 1) rework its structure to facilitate a more cooperative environment, 2) provide mechanisms to ensure efficiency, 3) stimulate and secure connections between like-minded states, and 4) find creative ways to include non-NATO actors in Smart Defense projects. It is through these initiatives that Smart Defense’s prospects for success can be raised; a success which is vital if NATO is to become the more efficient and interoperable alliance that its members need.
Topic:
Defense Policy, NATO, International Cooperation, Military Strategy, and European Union
Political Geography:
Europe, North America, and United States of America

2. Greek Entrepreneurs to the Rescue: How to Reinvent the Greek Economy after the Sovereign Debt Crisis

Author:
Nasos Mihalakas
Publication Date:
05-2012
Content Type:
Working Paper
Institution:
The Diplomatic Courier
Abstract:
The Greek dimension of the EU sovereign debt crisis is by now well known to all. Investor anxiety over excessive national debt throughout the EU led to demands for higher interest rates from several governments with higher debt levels and current account deficits. This in turn made it difficult for some governments to finance further budget deficits and service existing debt. Unable to pay for its public debt, the Greek government turned to the EU for financial assistance. The first bailout package was approved on May 2010, which provided the Greek government with a three-year, €110 billion loan. In February 2012, the lending troika (EU, IMF, and ECB) eventually agreed to provide a second bailout package worth €130 billion. This second package included an agreement with banks to "voluntarily" accept a 53.5 percent write-off of some Greek debt, the equivalent of €100 billion, to reduce the country's debt level from €340 billion to €240 billion – or 120.5 percent of GDP – by 2020. So far, all the reforms forced upon Greece centers on how to reduce the government budget. These reforms include reducing the minimum wage for public (and therefore, also private) sector employees by 22 percent, cutting benefits to pensioners and health-care recipients, reducing the government payroll by laying off 150,000 public sector employees by 2015, privatizing government companies, and opening up some industries that were closed to competition. For now, Greece has been brought back from the brink of bankruptcy. Though safe for now, the country could find itself struggling to meet the strict conditions outlined in the second bailout agreement if key structural reforms don’t take place. It is not too late for the crisis to serve as an opportunity.
Topic:
Debt, Financial Crisis, European Union, and IMF
Political Geography:
Europe and Greece

3. Where did all the Spartans Go?

Author:
Felix Imonti
Publication Date:
07-2012
Content Type:
Working Paper
Institution:
The Diplomatic Courier
Abstract:
Well, the Greeks voted on June 17th, but I am confused. What did the voters say? Before the election, polls revealed that 80 percent of the people supported membership in the European Union and the continued use of the Euro. When they voted, those same people cast 52 percent of their votes for parties opposed to the adoption of the austerity program that Greeks feel is being imposed upon them by the more powerful members of the EU—which translates into Germany. Accepting the economic program is an essential agreement in order to remain in the Eurozone. The New Democracy Party garnered the largest vote with nearly 30 percent. The leader of the conservative party, Antonis Samaras, pledged to keep Greece in the Eurozone and to negotiate modifications to the austerity package that Greece must accept in order to receive an additional 240 billion Euros. Somehow, people find the promises of Antonis Samaras unreliable. When the New Democracy Party was in opposition against the socialist PASOK Party—which had accepted the program imposed upon Greece—he rejected it. His reversal leaves his position in doubt among Greeks and the politicians outside with whom he has to negotiate. In short, is he for the austerity package or against it?
Topic:
Elections, European Union, Domestic politics, and Eurozone
Political Geography:
Europe and Greece

4. Serbia's New President Eyes EU Membership

Author:
Alex Cooper
Publication Date:
07-2012
Content Type:
Working Paper
Institution:
The Diplomatic Courier
Abstract:
The new Serbian president, Tomislav Nikolic, has been making waves in the international community since winning the May 20th run-off election against incumbent Boris Tadic. Since Nikolic and his center-right Serbian Progressive party and its allies won 73 out of 250 seats in the National Assembly, Nikolic has been making some controvsial statements regarding some of Serbia’s neighbors. Nikolic won with 50.21 percent of the vote, while Tadic won 46.77 percent. The shocking statements from Nikolic began with an interview the president did before the second round of elections on May 6th with the German daily Frankfurter Allgemeine Zeitung. In the interview, Nickolic stated that a “greater Serbia was his unrealized dream” and “Vukovar was a Serbian town in which Croats should not return.” The Croatian President, Ivo Josipovic and other officials have spoken out against Nikolic’s comments. Josipovic and other leaders from the Balkans did not attend Nikolic’s inauguration due to the comments, and the Croatian president cancelled a trip to Belgrade that was supposed to take place at the end of June. During the war following Croatia’s claim to independence from Yugoslavia, Vukovar experienced severe damage from the Yugoslav army that was led by Serbs. After Vukovar fell to the Yugoslav army, over 200 Croats were killed. Many Croatians still view Vukovar's story as a difficult topic. This was the only controversial statement from Nikolic. He recently told Montenegrin state television, “There was no genocide in Srebrenica.” The International Court of Justice and the UN war crimes tribunal have both ruled the massacre of over 7,000 Muslim men and boys in 1995 as genocide. The massacre is the worst atrocity to occur in Europe since World War II. The international community has condemned the remarks by Nikolic. A spokesperson for the European Commission, Pia Ahrenkilde Hansen, said that the comments were “attempts to rewrite history.” Hansen also said, “The atrocities in Srebrenica in July 1995 were a crime against all humankind, and we should never forget it, and we should never allow it to happen again.” On June 14th, the Associated Press reported that EU officials would discuss Nikolic’s recent comments with the new president. While meeting in Brussels, Nikolic attempted to show that Serbia was prepared for EU membership. He claimed, “There is not better future for Serbia than membership in the Union.”
Topic:
International Cooperation, European Union, and Economic Cooperation
Political Geography:
Europe and Serbia