Skip to main content

The Political Economy of Transatlantic Relations: Forces of History and the Shadow of the Future

  • Chapter
A History of NATO — The First Fifty Years

Abstract

This chapter focuses on the ways in which the political economy of transatlantic relations both reflects and affects the development of the transatlantic security ‘core’ constituted by NATO. In a sense, the argument here takes the emphasis away from NATO itself and the provision of ‘hard security’ through the Alliance and through concrete military measures. In place of such concerns, I argue that a rounded analysis of the transatlantic ‘security community’ requires explicit attention to the political economy of competition and integration, including both the diplomacy of economic relations within NATO and the generation of ‘economic security’.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 209.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Notes

  1. The argument in this section is a revised and developed version of parts of an earlier piece by the same author: M. Smith, ‘European Integration and American Power: Reflex, Resistance and Reconfiguration’, in D. Slater and P. Taylor (eds.): The American Century: Consensus and Coercion in the Projection of American Power (Oxford: Blackwell, 1999), pp. 136–48.

    Google Scholar 

  2. See the arguments in (for example) D. Calleo and B. Rowland: America and the World Political Economy: Atlantic Dreams and National Realities (Bloomington and London: Indiana State University Press, 1973).

    Google Scholar 

  3. M. Hogan: The Marshall Plan: America, Britain and the Reconstruction of Western Europe, 1947–1952 (Cambridge: Cambridge University Press, 1987); S. Hoffmann and C. Maier (eds.): The Marshall Plan: A Retrospective (Boulder, CO: Westview Press, 1984); A. Milward: The Reconstruction of Western Europe, 1947–52 (London, Methuen, 1984).

    Book  Google Scholar 

  4. G. Treverton: Making the Alliance Work: The United States and Western Europe (London, Macmillan, 1985), ch. 5.

    Book  Google Scholar 

  5. R. Rosecrance (ed.): America as an Ordinary Country (Ithaca, NY: Cornell University Press, 1976); J. Chace and E. Ravenal (eds.): Atlantis Lost: The United States and Europe after the Cold War (New York: New York University Press, 1976); R. Vernon: ‘Rogue Elephant in the Forest: an Appraisal of Transatlantic Relations’, Foreign Affairs, 51 (1973), pp. 573–87.

    Google Scholar 

  6. Rosecrance: America as an Ordinary Country; D. Calleo: ‘The European Coalition in a Fragmenting World’, Foreign Affairs, 54 (1975), pp. 98–112.

    Article  Google Scholar 

  7. D. Calleo: Beyond American Hegemony: the Future of the Western Alliance (New York: Basic Books, 1987), ch. 6; M. Smith: ‘From the “Year of Europe” to a Year of Carter: Continuing Patterns and Problems in Euro-American Relations’, Journal of Common Market Studies, 17 (1978), pp. 26–44.

    Google Scholar 

  8. P. Kennedy: The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500 to 2000 (London: Unwin Hyman, 1988).

    Google Scholar 

  9. J. Peterson: Europe and America in the 1990s: Prospects for Partnership (2nd edn., London: Routledge, 1996); M. Smith: ‘Competitive Cooperation and EU–US Relations: Can the EU be a Strategic Partner for the United States in the World Political Economy?’ Journal of European Public Policy, 5 (1998), pp. 561–77.

    Google Scholar 

  10. Treverton: Making the Alliance Work, ch. 5; S. Lunn: Burden-Sharing in NATO (London: Routledge, 1983); Peterson: Europe and America in the 1990s, ch. 7.

    Google Scholar 

  11. M. Brown and J. Rosati: ‘The Reagan Administration and Economic Interdependence: Turbulent Relations with the EC, International Journal, XLII (1987), pp. 438–72.

    Google Scholar 

  12. R. Rummel (ed.): The Evolution of an International Actor: Western Europe’s Growing Self-Assertiveness (Boulder, CO: Westview Press, 1991).

    Google Scholar 

  13. M. Smith: ‘The United States and Western Europe: Empire, Alliance and Interdepedence’, in A. McGrew (ed.): The United States in the Twentieth Century: Empire (London: Hutchinson/Open University, 1996), pp. 97–136; M. Smith, ‘Competitive Co-operation in EU-US Relations’.

    Google Scholar 

  14. S. Woolcock: Western Policies on East-West Trade (London: Routledge, 1982)

    Google Scholar 

  15. D. Allen and M. Smith: ‘External Policy Developments’, in N. Nugent (ed.): The European Union 1996: Annual Review of Activities (Oxford: Blackwell, 1997), pp. 73–93; D. Allen and M. Smith: ‘External Policy Developments’, in G. Edwards and G. Wiessala (eds.): The European Union 1997: Annual Review of Activities (Oxford: Blackwell, 1998), pp. 69–91.

    Google Scholar 

  16. M. Smith and S. Woolcock: The United States and the European Community in a Transformed World (London: Pinter, 1993), ch. 1–2; Peterson: Europe and America in the 1990s, Part III.

    Google Scholar 

  17. M. Smith: ‘The United States and Western Europe’; J. Wiener (ed.): The Transatlantic Relationship (London: Macmillan, 1996).

    Google Scholar 

  18. B. Hocking and M. Smith: Beyond Foreign Economic Policy: the United States, the Single European Market and the Changing World Economy (London: Cassell/Pinter, 1997).

    Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Copyright information

© 2001 Palgrave Macmillan, a division of Macmillan Publishers Limited

About this chapter

Cite this chapter

Smith, M.H. (2001). The Political Economy of Transatlantic Relations: Forces of History and the Shadow of the Future. In: Schmidt, G. (eds) A History of NATO — The First Fifty Years. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-65576-2_19

Download citation

Publish with us

Policies and ethics