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Afterward, the entire region was remodeled on American style government representation, modern central banking, market economies and so on. No, not really. The

Afterward, the entire region was remodeled on American style government representation, modern central banking, market economies and so on. No, not really. The dominant form of government in Europe is the parliamentary republic (several at the backdrop of constitutional/ceremonial monarchies), compared to the more unique federalist model of the United States where there is a strict separation between the union and localities, and the President being the head executive as opposed to a Prime Minister. Europe was also quicker to apply mixed market principles and has generally been higher on the dirigisme aspect (even though the US is hardly some paragon of non-interventionism itself). Central banking was initially a European (British, I think?) invention.

dragonwriter 12y ago
> The dominant form of government in Europe is the parliamentary republic You mean "parliamentary democracy" (which is a subtype of representative democracy), not "parliamentary republic". "Republic" specifically means the absence of a monarch, which, as you note, is not a feature of many of the systems at issue. (Some, however, are republics, as well as parliamentary democracies.) > Central banking was initially a European (British, I think?) invention. The Bank of England wasn't the first central bank (Sweden, at least, had one first), though its often credited as being the dominant model for later central banks. It does seem to be a European invention.
- walterbell 12y ago
  BIS (central bank of central banks) is based in Switzerland, http://en.wikipedia.org/wiki/Bank_for_International_Settlements http://en.wikipedia.org/wiki/Bank_for_International_Settleme...
- icebraining 12y ago
  You mean "parliamentary democracy" (which is a subtype of representative democracy), not "parliamentary republic". "Republic" specifically means the absence of a monarch, which, as you note, is not a feature of many of the systems at issue. As far as I know, both are true; most European countries nowadays are republics. There are only 12 monarchies in Europe, and three (Andorra, Monaco and the Vatican) are micronations.

dragonwriter 12y ago

> The dominant form of government in Europe is the parliamentary republic You mean "parliamentary democracy" (which is a subtype of representative democracy), not "parliamentary republic". "Republic" specifically means the absence of a monarch, which, as you note, is not a feature of many of the systems at issue. (Some, however, are republics, as well as parliamentary democracies.) > Central banking was initially a European (British, I think?) invention. The Bank of England wasn't the first central bank (Sweden, at least, had one first), though its often credited as being the dominant model for later central banks. It does seem to be a European invention.

walterbell 12y ago
BIS (central bank of central banks) is based in Switzerland, http://en.wikipedia.org/wiki/Bank_for_International_Settlements http://en.wikipedia.org/wiki/Bank_for_International_Settleme...
icebraining 12y ago
You mean "parliamentary democracy" (which is a subtype of representative democracy), not "parliamentary republic". "Republic" specifically means the absence of a monarch, which, as you note, is not a feature of many of the systems at issue. As far as I know, both are true; most European countries nowadays are republics. There are only 12 monarchies in Europe, and three (Andorra, Monaco and the Vatican) are micronations.