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Europe and Japan into the 21st Century

In: European Power and The Japanese Challenge

Author

Listed:
  • William R. Nester

    (St. John’s University of New York)

Abstract

It was no coincidence that the Commission chose the five hundredth anniversary of Columbus’ landing in the Western hemisphere as the year for European unification.1 For almost five hundred years, the world experienced an ‘Age of Europe’ in which the ‘great powers’ at one time or another either directly colonized or indirectly influenced virtually every region around the world. European hegemony finally collapsed with the devastation of World War Two. The ‘Age of America’ (or the ‘American century’ as some optimistically called it) took off in 1945 and lasted little more than a quarter-century. By the 1980s, the costs of rebuilding and serving the global political economy and containing communism had left the United States the world’s greatest debtor nation.

Suggested Citation

  • William R. Nester, 1993. "Europe and Japan into the 21st Century," Palgrave Macmillan Books, in: European Power and The Japanese Challenge, chapter 7, pages 255-258, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12995-9_7
    DOI: 10.1007/978-1-349-12995-9_7
    as

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