Quotation Aiginger, Karl. 2020. Europe Dwarfed by Media and Low Self-confidence. Journal of Economics and Public Finance. 6 (3), 125-137.




This article rejects the dominant assertion that the world will become bipolar, with the sole remaining superpower USA as the retreating pole and China as the upcoming power on the road to leading in the new world order. We counter that forecasters should not forget Europe. In its geographical borders, it is currently leading in several quantitative and qualitative dimensions such as exports, quality manufacturing, life quality, and life expectancy. If the EU joins forces with countries already affiliated or looking for closer ties, and acts in a more coordinated manner across its members, it can be a partner of the US and China on a level playing field. This fact is currently ignored by international media and analysts. The article ventures to carve out some policy changes, which could increase Europe’s leverage. The new world order will not arise in a linear way and new middle powers will exist alongside the strongest actors: China, Europe, and the US.


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Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Economics and Public Finance
Language English
Title Europe Dwarfed by Media and Low Self-confidence
Volume 6
Number 3
Year 2020
Page from 125
Page to 137
URL https://www.researchgate.net/publication/341780742_European_Identity_Politics
DOI http://dx.doi.org/10.22158/jepf.v6n3p125
Open Access Y
Open Access Link http://dx.doi.org/10.22158/jepf.v6n3p125


Aiginger, Karl (Details)
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