Naval War College Review


Earl H. Fry


Europe 1992 has become a major focus of attention for the Western media, because if all goes as planned, a unified and integrated common market of 12 nations and 320 million consumers will be created, a market running from the mountains of Mourne to the Peloponnese with a GNP rivaling that of the United States. Further east, the Kremlin is determined to put the Soviet Union's tattered economic house in order under Gorbachev’s much ballyhooed perestroika strategy. And along Asia's Pacific rim, rapid growth may permit this region to match the productive capacity of both the United States and the European Community within the next two decades.