Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-278-000"
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"en.20110927.26.2-278-000"2
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"Mr President, ladies and gentlemen, global trade has genuinely increased over recent years thanks to the World Trade Organisation (WTO) and numerous multilateral and bilateral initiatives.
However, although the European Union accounted for 25% of global GDP when the Lisbon strategy was adopted in the year 2000, it is now estimated that it will account for no more than 18% in 2020. At the same time, an ever increasing number of developing countries and emerging economies have become involved in world trade and developed into the new engines of the world economy. This was particularly evident during the 2008-2009 crisis, when it was, above all, the emerging economies that played a stabilising role at a time of widespread financial turmoil.
The European Union cannot ignore the fact that the pattern of population growth is being reversed in the EU. The population of developing countries continues to increase rapidly and this will also have repercussions for their economies.
We therefore urge the Commission to carry out a more careful analysis and to develop forecasts that incorporate both the current situation in the global and EU economy, as well as probable future changes."@en1
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