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Published in European View Volume 9, Number 1, 79-92, DOI: 10.1007/s12290-010-0117-3.
Submitted April 14th 2010.
Summary: On its continent, the EU has been a success. But the new challenges are mostly global: rise of Asia, climate change, end of industrial age, information revolution and population ageing. To address these efficiently the Union should draw strength from its values of rights of the human person, freedom, democracy, equality, care for people and the environment. In the years to come, it could rely more on the three key resources: the people, the sun and the Union. People are becoming the most important economic resource. Europe will not have the quantity, it will have to compete hard on the quality and do much more to empower the people. The sun will be the center of the 3rd industrial revolution towards a carbon neutral Europe. This will take massive R&D effort, but also the need to enable Europen solutions – by creating the technical and legal infrastructure for a common European energy market and a common energy policy. The Union has been perfected through generations. Its strength is in its openness for enlargements and readiness to deepening. Rather than going through another institutional change, it should learn to use the tools it has, to deepen the common market and extend it to the vital new and modern areas of competition. The Union should become a player on the global stage and work towards a multipolar, peaceful, orderly world. A key obstacle to leveraging the Union as a tool to address the issues that worry the Europeans is the non functioning of the common European political market.