1st Edition

The Nordic, Baltic and Visegrád Small Powers in Europe A Dance with Giants for Survival and Prosperity

By Hilmar Hilmarsson Copyright 2023
230 Pages 40 B/W Illustrations
by Routledge

230 Pages 40 B/W Illustrations
by Routledge

230 Pages 40 B/W Illustrations
by Routledge

This volume addresses and seeks to answer a number of questions on the current issues facing small states/powers in Europe. How can small European states survive and prosper within a multipolar world of great powers? What part should small states take in European integration? Are EU fiscal and monetary policies allowing for Keynesian economic stimulus when needed and are euro area convergence... Read more

Introduction 1 The Costs and Benefits of European Integration, and the Challenges of NATO Membership for Small Powers 2 Participation in Global and Regional Institutions and International Relations Theories 3 Some Small Power Alliances in Europe 4 Economic and Social Performance after the 2008–09 Crisis and during the COVID-19 Pandemic 5 Great Powers Influencing Europe in a Changing World: From Bipolar to Unipolar to Multipolar 6 The US and its Role in Europe: Is the Transatlantic Alliance Viable and Feasible? 7 The Rise of China and its Growing Economic and Political Interest in Europe 8 Sharing a Border with Russia: Ukraine and the Challenge of EU and NATO Expansion 9 How can Europe move Forward Post-COVID-19 and Brexit? 10 Dancing with Giants: What can Small Powers do to maintain their Economic and Political Sovereignty in a Multipolar World? 11 Conclusions and Policy Implications Index

Biography

Hilmar Þór Hilmarsson is a Professor at the University of Akureyri, Faculty of Business Administration, Iceland. He served as a specialist and coordinator with the World Bank Group in Washington, DC, US, from 1990 to 1995, at the World Bank office in Riga from 1999 to 2003, and at the World Bank office in Hanoi, Viet Nam, from 2003 to 2006. From 1995 to 1999 he served as a Special Adviser to the Icelandic Minister for Foreign Affairs. Dr Hilmarsson has published over 80 scholarly articles and book chapters, and three books.