Nostalgia for the future:
1
the geoeconomics
and geopolitics of the Euro
Jane S Pollard* and James D Sidaway†
* School of Geography, Earth and Environmental Sciences, University of Birmingham, Edgbaston,
Birmingham B15 2TT
email: j.s.pollard@bham.ac.uk
† Department of Geography, National University of Singapore, Singapore 117570
email: geojds@nus.edu.sg
Visions of Europe
We share much of Benito Giordano’s cheer in the
smooth entrée of the Euro. Our Editorial calling for
geographers to engage with the cultural, economic
and political constructions of ‘Euroland’ and
detailing some of its intriguing complexities was
drafted, circulated amongst the Editorial board,
revised and sent to the publishers of Transactions
some months before the Euro currency was
released. We were permitted to change some tenses
from present to past when the proofs arrived after
the New Year, but we were not allowed many
amendments. So we hope that, like other readers,
Giordano will appreciate why the largely trouble-
free introduction of the currency (which we had
no cause to doubt) was a theme that ‘was very
conspicuous by its absence’ (Giordano 2002, 514).
In general, Giordano seems to agree with many
of the points raised in the Editorial, but highlights
a number of areas where he would have preferred
us to emphasize other things or to utilise different
terms. For example, Giordano takes us to task for
failing to focus on the ways that the bridges on the
Euronotes are about more than connection (whose
possibilities and limits we stressed). For Giordano
(2002, 515): ‘They symbolize and evoke images of
a common history and past, as viewed through
the lens of architectural styles, which have a
cultural significance that transgresses European
boundaries’. This may be the case.
2
However, we
prefer to envision Europe by reference to future
possibilities, difference, heterogeneity and orienta-
tion, rather than heritage (see Amin 2002). But
since he raises this spectre, let us point out that
when we enter such territory as historical defini-
tions and ‘heritages’ of ‘Europe’, the bottom line is
to contemplate their significance for who and how
this is configured; as inclusive, or exclusive,
homogenous or heterodox? Moreover, a great
deal of European ‘heritage’ has been instituted
in ‘far-away lands’ (of Asia, Africa and the
Americas) or in corners of Europe (Stalingrad and
Auschwitz-Birkenau spring to mind) of which
many Europeans might today prefer to know little.
More positively, some of what has gone into the
making of European culture, science, arts and built
environments is the legacy of ‘other’ cultures and
societies (Arab and Turkish, for example). In these
contexts, Francavilla (2001, 131) observes,
Perhaps the fundamental problem lies in another issue:
not ‘who’ feels European, but ‘where,’ and in what
context. As everyone knows, identity functions by
means of opposition. This gives rise to the immediate
question: who is the ‘other’ for the European? How
many Europes co-exist?
In similar terms, for Derrida (1992, 29):
It is necessary to make ourselves the guardians of an
idea of Europe, of a difference of Europe, but of a
Europe that consists precisely in not closing itself off in
its own identity . . .
On another theme, we would also want to con-
sider where and who in Spain has benefited from
the conversion of all those ‘pesetas negras’
3
(and,
since so many of the points raised in these ex-
changes relate to language and meaning, we prefer
the term Pesetas informales o sucias
4
) in celebrating
that: ‘The fact that the pesetas negras (black money)
in Spain have (more or less) all been converted into
Euros has clearly benefited the Spanish economy’
(Giordano 2002, 514). For us therefore – as we
Trans Inst Br Geogr NS 27 518–521 2002
ISSN 0020-2754 © Royal Geographical Society (with The Institute of British Geographers) 2002