On the importance of the hegemon, with reference to Macedonia but not only
That is my latest column for Bloomberg, here is one bit from it:
In other words, a country can experience hundreds of years of bad events, but if it succeeds in attaching itself to a benevolent, moderately competent protector, it still can have a fantastic future of peace and prosperity, even if it does not stand on the global cutting edge.
And:
If Macedonia doesn’t make it into the EU, it is not difficult to envision a future where the country ends up being picked apart by a variety of pressures from Russia, Serbia, Bulgaria, Albania and Greece, in some unknown combination. Keep in mind that an independent Macedonian nation has existed for only a few decades over the course of many centuries, and so its continuing existence cannot be taken for granted.
And:
But when it comes to economic development, don’t just look at demographics or economic policy. Ponder the hegemon.
I wish to thank J. and P. for conversations that spurred some of these thoughts.