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Volume 8, Issue 1.
Winter
In this article Ethan Kapstein traces the history of the Atlantic Alliance�s efforts to develop a collective, viable policy for energy security from 1945 to 1983. Although he generally believes that Alliance cohesiveness in this area appears to have suffered with the decline of U.S. hegemony and the oil shocks of the 1970s, there is still strong ... read morepotential for maintenance of a coordinated policy. In his review of the postwar era Kapstein provides an interesting portrayal of the various methods by which the United States and Western Europe have cooperated to deal with the major supply crises of those years. He characterizes the present rules and norms governing alliance energy policy as an insurance regime, rather than a control regime, and concludes that the past achievements of alliance energy policy encourage hope for the future.
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