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2/19/14

European Sustainability: “If the EU’s sustainability model succeeds, it will be the role model for globalisation” - by Franz Fischler

"It’s fascinating but risky to speculate on the state of Europe 25 years from now. Fascinating because we will see some very dynamic developments in Europe, but risky because there’s so little evidence as to what may or may not happen."

"So I’m going to limit myself to two central aspects: the future of the European economic and social model, and my hopes for how the “European house” might develop. Sustainability has become an increasingly negative buzzword in public debate, yet it has to be at the centre of the European economic and social concept. Article 3 of the Lisbon treaty outlines exactly what we need: a robust balance between the economy, the environment and our social responsibilities. There’s no valid alternative to this, and it will be more relevant than ever in 25 years’ time."

"Europe has few mineral and fossil resources and high labour costs, yet it accounts for half of all social spending around the world. We need to take advantage of the most innovative thinking available now by investing in new technologies and in energy efficiency. We also have to come to terms with the question of what a sustainable lifestyle really means, and how we can replace GDP with a meaningful measure of well-being so as to assess our economic and social progress".

"The consequences of climate change along with ageing will present us with enormous challenges of adaptation, so Europeans will need to become more resilient. Youth unemployment won’t be the challenge to the EU it is today, because it’s a burning problem that will either have been solved or the European Union will have collapsed. If, on the other hand, the European Union is able to put its economic and social model of sustainability into practice, then it will have become the role model for successful globalisation."

 Looking 25 years ahead means speculating on a successor to the Europe 2020 strategy. Will we have been able to stimulate smart, inclusive and green growth, or will we instead be struggling with the consequences of a lost decade? If we assume a middle path, what would be the next steps for a European sustainability model? How will we balance economic growth with the ecological and social dimensions?

Read more: “If the EU’s sustainability model succeeds, it will be the role model for globalisation” | Europe’s World

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