The future challenges of NATO: An economic viewpoint

This article identifies and evaluates likely challenges facing NATO today and into the next millennium. These contingencies include ethnic-based civil wars in Europe, transnational terrorism, rogue states, increased world income inequality, out-of-area conflicts, and environmental and resource security. Using concepts and tools from collective action, I assess these challenges and suggest effective policies for addressing them. NATO still has a crucial role to play in maintaining world security in the post-Cold War era.