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The European Union is mired in the worst crisis it has seen for many decades. And the crisis does not stop at Europe's edge. It threatens to undercut the EU's ambitions to develop a coherent and active foreign policy, but it is also forcing European states to reevaluate their approach to security and defense. Richard Youngs examines the legacy of the crisis and what it will mean for the EU's international role. The fallout undermines the EU's foreign policy capacity and tarnishes its normative brand, compelling some member states to focus on realpolitik and their own national-level policies. But there are also signs of enhanced European cooperation, greater international ambition, and deepened commitment to the values of a liberal world order. Youngs details how the EU can craft an effective foreign policy strategy while confronting an internal economic crisis and a reshaped global order.
The European Union is mired in the worst crisis it has seen for many decades. And the crisis does not stop at Europe's edge. It threatens to undercut the EU's ambitions to develop a coherent and active foreign policy, but it is also forcing European states to reevaluate their approach to security and defense. Richard Youngs examines the legacy of the crisis and what it will mean for the EU's international role. The fallout undermines the EU's foreign policy capacity and tarnishes its normative brand, compelling some member states to focus on realpolitik and their own national-level policies. But there are also signs of enhanced European cooperation, greater international ambition, and deepened commitment to the values of a liberal world order. Youngs details how the EU can craft an effective foreign policy strategy while confronting an internal economic crisis and a reshaped global order.
The "Deep In Crisis" book describes the malaise that currently exists in the Quality Profession and examines in a rigorous way the emerging challenges, the characteristics of the new global business world greatly facilitated by the digital revolution.The quality profession is currently in turmoil. It is searching for a new form of impetus, whilst also trying to tackle the deep crisis it finds itself in. Indeed, immediately after celebrating a century of great impacts at all levels, in a consistent and highly innovative manner, the quality revolution seems to have dried up, and is struggling to cope with the various radical changes surrounding us at the political, economic and social level. The legacy of the quality revolution is undoubtedly extremely vivid in the minds of top executives, quality managers, scholars and experts in the quality field. The problem, however, has been the inability to challenge the relevance of specific tools and techniques, concepts and theories in light of the wider macro changes that have taken place at an unprecedented pace. Certainly, if one looks at the macro changes that are constantly redefining the business world and also our lives, none of the suppositions assumed by the quality professions have been evidently present in the new and modern world. Furthermore, none of the experiences which have been cumulatively delivered to a stellar standard in all walks of life can be made adaptable and relevant in the context of a digital world where the emphasis on value creation has radically changed. The obsession with products and services in terms of developing them, improving the processes for manufacturing or production and expediting delivery to the end customer, can now be viewed as a naive and narrow way of looking at value creation. The envelope for this value creation has been to minimize variation, optimize performance, tackle costs through lean and Six Sigma principles, and assume that the impact generated will lead to superior excellence standards and enable the organisations concerned to feel that they are competing at a high level. Product orientation has in fact been superseded by a significant focus on services and even service orientation has been superseded by customer orientation, where the emphasis on customer experience has become the norm. Furthermore, customer orientation is now being superseded by market orientation, where business models themselves are being redefined in order to adapt to significant changes taking place, particularly through disruptive technologies in the form of smart mobile and the advent of the internet. It is therefore relevant and appropriate to ask several questions about the lack of clarity of the quality profession, in terms of validating the relevance of the philosophies, principles and tools being advocated. Further questions relate to the kind of contribution that the profession is expected to make, can make, and will confidently deliver in light of the various transformations taking place, in particular within the industrial revolutions. Q1. To what extent has the quality profession managed to adapt its concepts and principles by placing the shift away from products to services? Q2. Has the quality profession realised that the pursuit of measuring customer satisfaction maybe futile and limiting at best? Q3. In light of the recent development in customer experience as the holy grail for focusing on customers, what has the quality profession developed in terms of concepts, philosophies and tools that will help organisations develop their capability to get closer to their customers and understand their needs and requirements in a much better way, and therefore, impact on them much more significantly than in the context of product or service orientated eras?
While the midlife crisis has been thoroughly explored by experts, there is another landmine period in our adult development, called the quarterlife crisis, which can be just as devastating. When young adults emerge at graduation from almost two decades of schooling, during which each step to take is clearly marked, they encounter an overwhelming number of choices regarding their careers, finances, homes, and social networks. Confronted by an often shattering whirlwind of new responsibilities, new liberties, and new options, they feel helpless, panicked, indecisive, and apprehensive. Quarterlife Crisis is the first book to document this phenomenon and offer insightful advice on smoothly navigating the challenging transition from childhood to adulthood, from school to the world beyond. It includes the personal stories of more than one hundred twentysomethings who describe their struggles to carve out personal identities; to cope with their fears of failure; to face making choices rather than avoiding them; and to balance all the demanding aspects of personal and professional life. From "What do all my doubts mean?" to "How do I know if the decisions I'm making are right?" this book compellingly addresses the hardest questions facing young adults today.
Much has been written on the financial crisis of 2008 – the most severe economic downturn since the Great Depression – analysing its causes and the risks for the future of the global economy. This book takes an alternative approach which focuses on the legacy of the global financial crisis, what is remembered and what lessons have been drawn from it. This volume provides perspectives on this legacy from a variety of contributors including central bankers, regulators, politicians, academics, and journalists. They offer insight into what remains of the crisis in terms of public and industry awareness, changes to the post-2008 financial architecture, lessons from the national experiences of highly exposed small economies, and considers this legacy in terms of oversight by regulatory regimes. These diverse perspectives are drawn together here to ask how we can ensure that these lessons will be transmitted to the new generation of global financiers.
It is now commonly asserted that climate change will fundamentally change international relations. It has been predicted that global warming will increase conflict within and between states, intensify food insecurity, menace the global trading system and unleash waves of migration. As a result governments are beginning to incorporate these warnings into their foreign policy initiatives. The appropriateness of their incipient responses needs to be examined in finer detail. This book looks at the impact of climate change on European Union (EU) security policy. It explores how governments are reconfiguring their geo-strategy and broader international relations in the wake of climate change warnings. The book demonstrates that although many aspects of EU foreign policies have begun to change, ‘climate security’ is not yet accorded unequivocal or sufficient priority. In doing so, Youngs argues that if climate change policies are to have significant effect they can no longer be treated as a separate area of policy but must be incorporated into the more mainstream debates pertinent to EU common foreign and security policy (CFSP). This book will be of key interest to students, scholars and practitioners of climate change and policy, energy and environmental policy, EU governance and foreign policy, European studies, international relations, geography, security studies/policy and environmental economics.
Russia’s intervention in the Ukraine, Donald Trump’s presidency and instability in the Middle East are just a few of the factors that have brought an end to the immediate post-Cold War belief that a new international order was emerging: one where fear and uncertainty gave way to a thick normative and institutional architecture that diminished the importance of material power. This has raised questions about the instruments we use to understand order in Europe and in international relations. The chapters in this book aim to assess whether foreign policy actors in Europe understand the international system and behave as realists. They ask what drives their behaviour, how they construct material capabilities and to what extent they see material power as the means to ensure survival. They contribute to a critical assessment of realism as a way to understand both Europe’s current predicament and the contemporary international system.
This book is the key text for anyone wishing to understand the functions, powers, and composition of the EU's institutions. From the Council of Ministers to the European Central Bank, all of the most important organizations are analysed and explained by international experts, providing students with everything they need to know.
How investor expectations move markets and the economy The collapse of Lehman Brothers in September 2008 caught markets and regulators by surprise. Although the government rushed to rescue other financial institutions from a similar fate after Lehman, it could not prevent the deepest recession in postwar history. A Crisis of Beliefs makes us rethink the financial crisis and the nature of economic risk. In this authoritative and comprehensive book, two of today’s most insightful economists reveal how our beliefs shape financial markets, lead to expansions of credit and leverage, and expose the economy to major risks. Nicola Gennaioli and Andrei Shleifer carefully walk readers through the unraveling of Lehman Brothers and the ensuing meltdown of the US financial system, and then present new evidence to illustrate the destabilizing role played by the beliefs of home buyers, investors, and regulators. Using the latest research in psychology and behavioral economics, they present a new theory of belief formation that explains why the financial crisis came as such a shock to so many people—and how financial and economic instability persist. A must-read for anyone seeking insights into financial markets, A Crisis of Beliefs shows how even the smartest market participants and regulators did not fully appreciate the extent of economic risk, and offers a new framework for understanding today’s unpredictable financial waters.
This book examines the European Union's response to the Arab spring, from late 2010 to the beginning of 2014. It investigates how far the EU changed its policies towards the Middle East and North Africa (MENA) region in the aftermath of the Arab spring, and what impact European policies had in either helping or hindering democratization reforms during this period. It also explores what impact the Arab spring had on European security and economic interests. Analytically the book unpacks the factors that best explain EU policy choices in the Middle East since 2010. It highlights how the responses to the Arab spring have changed the governance dynamics of the EU-Middle East relationship. The book assesses how far the EU foreign policy has succeeded in meeting the challenge of the Arab spring. Oxford Studies in Democratization is a series for scholars and students of comparative politics and related disciplines. Volumes concentrate on the comparative study of the democratization process that accompanied the decline and termination of the cold war. The geographical focus of the series is primarily Latin America, the Caribbean, Southern and Eastern Europe, and relevant experiences in Africa and Asia. The series editor is Laurence Whitehead, Official Fellow, Nuffield College, University of Oxford.