Eurosclerosis: Fact or Fiction?
Publication
The Empire Club of Canada Addresses (Toronto, Canada), 5 Dec 1985, p. 174-187
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Eurosclerosis: Fact or Fiction?


A brief review of Europe, historically and economically, up to the "present wave of Europessimism which started a few years ago," the two main roots being the economical, technological and political upsurge of Japan and second, the revitalization of the United States. Charges against Europe in four areas: political, technological backwardness, rigid economic policies, and high European unemployment. The importance of these serious issues for the Western world. The speaker looks at each of these areas in some detail, concluding that "Eurosclerosis looks more like fiction than fact." A comparison of problems facing Europe with other parts of the world also facing change and transition. Factors affecting Europe's position. Some political predictions about several European countries in the near future. Optimistic directions for the future.