Word: bakerstroika
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Baker's ideas for recasting the structures of U.S.-European cooperation -- dubbed "Bakerstroika" by British pundits -- were a first cut at answering a question implicit in the collapse of the Iron Curtain and the end of the cold war: as the Soviet military threat shrinks, what does Europe need with the U.S.? The decline of Soviet power, the growing vitality of the European Community and the rush to reunify Germany require the U.S. to contemplate European ties based less on fear of Moscow's intentions and more on healthy economic and political competition...
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