VOLUME 21 No. 22012 WARSAW

CONTRIBUTORS

Stanis³aw Gomu³ka—chief economist at the Business Centre Club,Poland’s former deputy finance minister

Agata Gostyñska—analyst at the Polish Institute of International Affairs

Pawe³ Tokarski—analyst at the Polish Institute of International Affairs

Patryk Toporowski—analyst at the Polish Institute of International Affairs

Artur Gradziuk—analyst at the Polish Institute of International Affairs

Bart³omiej Znojek—analyst at the Polish Institute of International Affairs

Patryk Kugiel—analyst at the Polish Institute of International Affairs

Igor Lyubashenko—analyst at the Polish Institute of International Affairs

Anna Zieliñska-Rakowicz—analyst at the Polish Institute of International Affairs

COVER PHOTO: Shutterstock €€

COPY EDITOR: Brien Barnett

PROOF-READING: Katarzyna Staniewska

COVER DESIGN: Alicja Rotfeld, adapted by Dorota Do³êgowska

TYPESET: Dorota Do³êgowska

The views expressed in The Polish Quarterly of International Affairs are solelythose of the authors.

The Polish Quarterly of International Affairs is regularly presented in the catalogueof International Current Awareness Services, in Urlich’s International Periodical Directory,and in International Political Science Abstracts/Documentation Politique Internationale.Selected articles are included in the International Bibliography of the Social Sciences.

Edition: 400 copies. Sent to press in July 2012Printed by OWP SIM, ul. E. Plater 9/11, 00-669 Warszawa

CONTENTS

ARTICLES

Stanis³aw Gomu³kaPerspectives for the Eurozone, Short Term and Long Term . . . . . . . . . . . . 5

Agata GostyñskaThe Fiscal Compact and European Union Economic Governance:An Institutional and Legal Assessment. . . . . . . . . . . . . . . . . . . . . . . . . . . 27

Pawe³ Tokarski, Patryk ToporowskiNegotiations on the New EU Financial Framework 2014–2020:Theory, Realpolitik and the Polish Perspective. . . . . . . . . . . . . . . . . . . . . 46

Artur GradziukThe Eurozone Crisis and Emerging Market Economies . . . . . . . . . . . . . . 65

REVIEWS • NOTES

Manuela Nilsson, Jan Gustafsson (eds.): Latin American Responsesto Globalization in the 21st Century (Bart³omiej Znojek) . . . . . . . . . . . . . 82

David Rohde, Kristen Mulvihill: A Rope and a Prayer:A Kidnapping from Two Sides (Patryk Kugiel) . . . . . . . . . . . . . . . . . . . . 86

Andrzej Lubowski: Zbig. Cz³owiek, który podminowa³ Kreml(The Man Who Undermined Kremlin) (Igor Lyubashenko) . . . . . . . . . . . 91

Nicole Gnesotto: Przysz³oœæ Europy strategicznej(Does Europe have a strategic future?) (Anna Zieliñska-Rakowicz). . . . . 94

The Polish Quarterly of International Affairs, 2012, no. 2 3