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The impossible partnership - premises and reasons of the failure of the Atlantic declaration

Author

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  • Paulina Matera

    (University of Lodz)

Abstract

During the Cold War, the most important attempt to carry the concept of transatlantic unity into effect was proposal of the Atlantic Declaration in 1973. The objective of this article is to present the origins and the breakdown of this plan. As the most serious transatlantic divergences concerned the economy, it can be stated that the idea aimed at regulation of trade and monetary issues according to American interest. The Europeans were reluctant to sign the document, which joined economic matters with the political and defence aspects of cooperation. The fiasco of the Atlantic Declaration was a proof of decline of the US hegemony.

Suggested Citation

  • Paulina Matera, 2012. "The impossible partnership - premises and reasons of the failure of the Atlantic declaration," Medzinarodne vztahy (Journal of International Relations), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 10(3), pages 76-94.
  • Handle: RePEc:brv:journl:v:10:y:2012:i:3:p:76-94
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    More about this item

    Keywords

    concepts of transatlantic cooperation; Atlantic Declaration; transatlantic divergences in the 1970s; trade and monetary issues; decline of the US hegemony;
    All these keywords.

    JEL classification:

    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other

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