ECONOMIC-SECURITY AND THE PROBLEM OF COOPERATION IN POST-COLD-WAR EUROPE

The end of the Cold War and the transformation of the Yalta security s ystem generated a debate about the survivability of the postwar instit utions of security, particularly NATO. This debate is too narrow in it s focus. We argue that security has two mutual constitutive elements, the political-military and the economic. The interdependence of these two elements of the future security architecture raises a set of inter related questions addressed in this article: What are the economic ele ments of security? How have the changes in the European state system a ffected the prospects for the institutionalization of security coopera tion, broadly defined? Does a stable security architecture require the parallel construction of the economic and military institutions of se curity?.