The American Empire vs. The European Dream


The American Empire vs. The European Dream

The Book


Our age is defined by many different often contradictory values and processes of which the dominance of the American Empire is the most important. The book investigates how Europe challenged both the political and monetary hegemon status of the Empire and attempted to create a new empire, a European Dream with its fundamentally failed euro project. The American Empire did not put up with a rival global currency, so it has waged all types of modern warfare to prevent this attempt. This modern hidden war which is often fought by monetary means is in the focal point of the book.

This volume – using an unconventional approach and a broad historical perspective – analyses the American Empire, the current world order, its defining features, the relations and motivations of the major players and the grand strategies that they outline. 

The author provides insights how the global balance of power can be restored: Europe have to give up its imperial ambitions and it has to return to its 16th century roots when European open-mindedness, cultural diversity and spiritual revolutions led to the cradle of future breakthroughs in science, technology and governance. However, it is not enough in the emerging multipolar world order. The new global player, China also has to play an important role in restoring the global balance of power. One of the important messages of the book is that the USA and China, the two world powers that complements each other in character can bring the new golden age of the global community. 

Weight:
0,669 kg
Page number:
406 p
Size
15,2 cm x 22,8 cm
Publishing date:
2019. 11. 28.
Publisher
Pallas Athéné Könyvkiadó Kft.
ISBN number:
9786155884528

The Author


György Matolcsy has been serving as the Governor of Magyar Nemzeti Bank, the central bank of Hungary, since 2013. He is also a member of the Fiscal Council of Hungary. Prior he was Minister of National Economy between 2010-2013 and Minister of Economic Affairs between 2000-2002. Between 2002-2010 he was director of the Institute for Growth and of the Privatisation Research Institute from 1995 to 2000. He was a member of the Board of Governors at the European Bank for Reconstruction and Development (EBRD) representing the Hungarian Government between 1991 and 1993. In 1990, he served as politicalstate secretary and the personal economic advisor to Prime Minister József Antall. György Matolcsy is a frequent lecturer at top foreign and Hungarian universities. He is an honorary member of Fudan Development Institute (FDDI) of Fudan University and of the International Advisory Board of Shanghai Forum, and he is an honorary doctor at the University of Debrecen and the University of Kaposvár.

György Matolcsy Governor of Magyar Nemzeti Bank

Behind the Scenes


After the decades spent in shaping economic policy, first as minister for the national economy and then as central bank governor, I can confirm that ensuring a successful economic model requires not only the exploration of a nation’s internal resources and character but also the assessment of the external environment, therefore this publication also helps this mapping work. 

In the first two decades of the 21st century, we saw fundamental political, geopolitical, economic, social and technological changes and transformations that have outlined a new world order. Whereas getting to know this multipolar world often requires new vantage points and maps, the thorough analysis of history continues to be one of the cornerstones in navigating this ever-changing world. 

Fifteen years have passed since the first edition of Amerikai Birodalom in which I attempted to provide an in-depth analysis of the emergence of the United States as a global power. Of course, we have gained many new insights since 2004, however, the factors influencing the world order and the position of the great powers have often remained the same. In this emerging new world order, there are clear signs of Asia’s rise, while Europe is lagging in more and more respects. Europe is now at a major crossroads, and the chosen path will also determine how the world order will evolve in the future. That is why I decided to supplement my earlier work on the American Empire with Europe’s opportunities, in the hope that the viewpoints and assessments in it may promote the achievement of sustainable development on the old continent. 

The failure of the euro is the certificate of the European Union economics.

Memes

Foreword


Our age is defined by many different, often contradictory, values and processes of which the dominance of the American Empire is the most important. Europe, with its fundamentally failed euro project, challenged both the political and monetary hegemon status of the Empire and attempted to create a new empire. The American Empire did not put up with a rival global currency, so it has waged all types of modern warfare to thwart this attempt. That is how the vision of a European Empire turned into a nightmare instead of a sweet and nurturing dream. The book – using an unconventional approach and a broad historical perspective – analyses the American Empire, the current world order, its defining features, the relations and motivations of the major players and the grand strategies that they outline. In this multi-valued world, what goals and guidelines can safely lead us towards global prosperity? Do we need to set frameworks for our national visions in the 21st century, and if so, what are our main reference points in this volatile, uncertain, complex and ambiguous world?

In order to restore the global balance of power, Europe has to give up its imperial ambitions and return to its 16th century roots when European open-mindedness, cultural diversity and spiritual revolutions built a cradle for future breakthroughs in science, technology and governance. The new global player, China, also has an important role in restoring the global balance of power. The USA and China, the two world powers that complement each other in character, can bring the new golden age of the global community. By understanding these processes at the individual level and as a nation, Hungary can develop new, successful strategies that incorporate eastern wisdom and western openness. This may help the country move closer to being one of the winners of this changing world order.


Orbán Viktor
Viktor Orbán Prime Minister of Hungary

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