Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-11-14-Speech-3-078"
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"en.20071114.2.3-078"2
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".
Globalisation is an unstoppable process, but the success of the European Union in this globalisation is not a foregone conclusion. For certain, the Lisbon Strategy, implemented as it has been so far, is no recipe for success. In fact, it is just a paper strategy and even at the halfway stage, in 2005, it was clear that the main objective, which was the race against the USA in the areas of competitiveness and innovation, had not been achieved.
In the meantime other challenges have presented themselves in the form of the economic offensive from China, India and other Asian countries. So far, the multitude of sensible objectives have hidden the fact that there is not the political courage to undertake structural reforms at national level, which is the level at which the possibility of an innovative and dynamic Europe is decided. Due to the lack of this courage, the European Union is looking for replacement solutions. For example, by placing its hope in a radical change in the Community budget, meaning increasing public expenditure on research and development. This is not enough if it does not go hand in hand with an ability to take risks together with support for innovative companies from the private financial sector.
A solution in the form of the European Institute of Technology illustrates the tendency towards institutional solutions, while the Globalisation Adjustment Fund shows the extent of exaggerated European concerns. The proper response to the challenge of globalisation is full market liberalisation and courageous reform of the European social model."@en1
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