Europe’s Troublesome Neighbors

eography has dealt Europe a mixed hand. Europeans can congratulate themselves on being a relatively safe distance away from whatever tensions may accompany the rise of powers like India, Brazil, and, especially, China. But Europe is bordered to its south and east by two great regions that give cause for significant concern.

Neither Russia nor the Islamic world is, thus far, adapting well to globalization. The economies of both remain over-dependent on oil and gas exports. In the Middle East, this exacerbates the problem of creating jobs for ballooning populations of young adults. Russia, too, faces real demographic difficulties, though in the other direction as Russia’s population is projected to shrink by as much as 10% over the next 15 or 20 years.

By Nick Witney

Read more |Project Syndicate - Europe’s Troublesome Neighbors

Labels: European Union, Foreign Policy, Middle East, Project Syndicate, Sovjet Union

- posted by DD @ 2:57 p.m. Perma Link/Print  

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