Pax Transatlantica

Book excerpt: "Pax Transatlantica asserts that the recurrent transatlantic crises that have dominated headlines since the end of the Cold War, while not irrelevant, pale when set against the realities of shared interests and goals. It emphasizes three key factors. First, despite inflammatory and dismissive rhetoric, NATO continues to provide a solid security structure for its member states; an institutional framework of a Pax Transatlantica that has stood the test of time by expanding its remit and scope. Second, in a world concerned with the potential effects of trade wars (especially between the US and China) and the rise of economic nationalism, the transatlantic economic relationship stands apart as the richest, most closely integrated transcontinental economic space on the globe. Third, the book will trace the parallel evolution of domestic politics on both sides of the Atlantic with specific focus on the rise of populism. Rather than a sign of transatlantic 'drift,' the rise of populism - much like the emergence of so-called 'Third Way politics on both sides of the Atlantic in the 1990s - is evidence of a closely integrated transatlantic political space. In the end, while it is obvious that the history of the transatlantic relationship - even during the Cold War - was littered with crises, the relationship has endured. Conflicts have illustrated, time and again, the strength of the transatlantic community. The 'West', the book concludes, not only continues to exist. It is likely to thrive in the future"