October 1, 1998

The Battle within Capitalism – A new age for Europe

Mihaela Firsirotu | Decision

The 4th Conference of Montréal on globalized economies wove together three different but closely related strands of issues and challenges confronting Europe and directly or indirectly a good part of the world. What’s happening now in Europe will have momentous ramifications throughout the world, bringing forth major shifts in economic power and new alignments of countries and region. Those issues and challenges fall under three themes:

  • the implementation of the single European currency, the euro;
  • the enlargement of the European Union;
  • the choice of economic model best suited to Europe and, for that matter, to any developed or developing country.

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