Comments written by Prince Michael of Liechtenstein himself provide an informed viewpoint on crucial geopolitical issues. Sometimes challenging and always thought-provoking, these brief commentaries take a stance that stimulate debate.
More coalition options in Germany
Two things are taken for granted in German politics. First, that there is no realistic alternative to Chancellor Angela Merkel, and second, that the only possible government after the Social Democrats went over to the opposition is a black-yellow-green (Jamaican) coalition of the CDU/CSU, Free Democrats and Greens. But what if neither of these propositions is true?
Siberia, a European issue
Tensions between East and West are mounting, but Europe could gain strategically and economically from assisting in the development of Siberia. Helping Russia shore up its eastern border with China this way would be also in the long-term interest of NATO and the United States.
Taxation horrors and Europe’s frustration
The European Union wants to create new, complicated systems to tax technology companies. Doing so will only harm its economy. Instead of engaging in an economic tit-for-tat with the United States, it should look at how Americans have fostered innovation and built tech giants. Good places to start include increasing investment in defense, reducing restrictive regulations and becoming less risk-averse.
Germany’s hollow political establishment pays the price
Germany's voters have spoken by turning their backs on the ruling coalition. As Chancellor Angela Merkel tries to hold the CDU/CSU together and piece together a new government, some interesting possibilities might emerge.
Tension in the India-China relationship
Though the standoff on the Doklam Plateau between India and China seems to have been resolved, the countries’ Himalayan border will continue to be a source of tension. As emerging world powers with aspirations for hegemony, both are jockeying for influence in other countries in the region, such as Nepal and Bhutan.
Palm oil, Russian fighters and the European Parliament
Indonesia, the world’s largest exporter of palm oil, has been clearing significant areas of its tropical forests to make room for palm plantations. The EU is alarmed and wants to discourage the policy by reducing palm oil imports. This counterproductive approach to preventing tropical deforestation already has backfired.
Protectionism undermines European principles
Emmanuel Macron came to office promising to liberalize the French economy and reduce the role of the state. But his government is already turning protectionist, threatening to “temporarily nationalize” a shipyard. The move undermines European and liberal principles.