Chapter 29: The 'new Europe' looking ahead to 2020
29. The ‘new Europe’ – looking ahead to 2020 Richard Webb Presenting this paper at the Oesterreichische Nationalbank’s East–West Conference 2002, for which I ﬁrst drafted this chapter, was my ﬁrst direct contact with an extraordinary social enterprise – the building of a new Europe. Until very recently, Europe existed only as a geographical abstraction – the area called ‘Europe’ on our maps. Today, a living, social organism is being created, a society with civilized rules of behaviour and interaction. It is less than a country or nation but much more than a name on a map. I call it a ‘new Europe’, but that understates the change. In a fundamental sense, what is being created is the ﬁrst true Europe. I have been invited to look into the future of this new society, and to speculate on its role in the world economy. The view that I will oﬀer you will be that of a Peruvian, a Latin American and, more generally, an observer from one of the world’s poor countries. And the question from our perspective is – what will this new Europe mean for our countries? My answer is positive and hopeful. I believe that Europe, as it evolves towards the year 2020, will contribute in several, signiﬁcant ways to the emerging societies of the world. Allow me to suggest some reasons for that optimistic forecast. ROLE MODEL Europe’s ﬁrst and perhaps most important contribution to the developing world will be as a role model. This is because...
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