Background:
Although ultimately a victor in World Wars I and II, France
suffered extensive losses in its empire, wealth, manpower, and rank
as a dominant nation-state. Nevertheless, France today is one of the
most modern countries in the world and is a leader among European
nations. Since 1958, it has constructed a presidential democracy
resistant to the instabilities experienced in earlier parliamentary
democracies. In recent years, its reconciliation and cooperation
with Germany have proved central to the economic integration of
Europe, including the introduction of the euro in January 2002. At
present, France is at the forefront of European states seeking to
exploit the momentum of monetary union to advance the creation of a
more unified and capable European defense and security apparatus.