On November 19-20, 2014, HSE hosted the conference ‘Global Governance: Nominal, Real and Alternative Structures’. The conference focused largely on the paradigm shift in geopolitical and geoeconomic structures of the modern world, as well as the underlying causes and long-term implications of such changes. Professor Alan Cafruny of Hamilton College in Clinton, New York, presented a paper at the Conference focused on the crisis of Europe’s economic and monetary union. We talked with Professor Cafruny as he shared his opinion on the union, Germany’s role in NATO, and much more.