Pulling Europe Back from the Brink
JAN 20, 2016
DAVOS – In 2007, the United States caught a
serious – and highly contagious – economic cold. Eight years later, it
is finally making a convincing recovery – so convincing that last month
the US Federal Reserve raised the country’s base interest rate for the
first time in almost a decade. Europe, however, remains in bad shape.
Not only has it not recovered from its post-2008 cold; beset by
multiplying crises, it is now on the verge of developing pneumonia.
The
best defense against pathogens is a strong immune system. And that is
what Europe lacks today, in the form of political leaders who provide an
inspiring and forward-looking vision to their people. With political
disenchantment reaching levels not seen since the continent’s darkest
times in the 1930s, the risk that Europe will succumb to the destructive
forces of populism looms ever larger.
Is this too much to
ask? History tells us that the answer is an emphatic no. Sixty years
ago, with Europe’s economy reeling from the destruction caused by World
War II, Europe’s leaders lifted their eyes above daily hardships to
shape a more hopeful future, underpinned by European integration. That
same vision and foresight is needed today, and the European Union, with
its unmatched ability to facilitate regional cooperation, will remain
essential.
Of course, there are
some key differences between the circumstances that drove the EU’s
creation and those that Europe’s leaders face today. Most notably,
thanks to the EU, Europeans today have largely not endured war and
absolute economic deprivation. With the dangers of demagoguery not
embedded in their living memories, they are far more vulnerable to
fear-mongering and false promises – illustrated in the growing influence
of nationalist narratives and populist movements. Even worse, faced
with an erosion of their voter base, many mainstream parties are playing
catch-up with these destructive forces, engaging in EU-bashing of their
own.
Clearly, the EU needs
a new impetus that reflects twenty-first-century challenges and
opportunities. But this will be virtually impossible to establish – and
use to inspire people – until the EU and its member governments get a
handle on the crises that are threatening to overwhelm them. That is why
it is so urgent that Europe puts its economic house in order once and
for all.
Such a reckoning will
not be quick or easy, not least because it will require us to address
the many issues that have been swept under the carpet over the years, as
half-baked projects were foisted on the EU to implement. The foremost
example of this is the partial economic and monetary union that has been
around for nearly two decades, and that must now become a full union if
it is to be successful and deliver results.
It is time for
Europe’s leaders to break the decades-old habit of pursuing half-baked
projects that blunt the symptoms of crises, and to implement real
reforms that address the root causes. Only with a new approach – and
tangible progress – can solidarity within Europe be regained.
My call for a renewed
commitment to the EU does not stem from some federalist mantra. I would
be the first to emphasize that political actors at all levels have a
role to play in Europe, to the extent that they are able to implement
policy effectively. And I would also recognize that EU institutions need
reform, so that they manage the big picture, instead of the details.
Nonetheless, the EU
and its institutions remain integral to efforts to respond to challenges
that require a united front – challenges like those that Europe faces
today.
If Europe’s leaders
are to inspire their people to build a shared future, they must
demonstrate an understanding of what that future has in store – and how
to make the most of it. They should start by changing their attitudes
and committing to working together to face present and future crises
head-on.
While we cannot know
for certain what the next 10-20 years will bring, we have a few
important clues. For one thing, there is the Fourth Industrial
Revolution, which promises to transform
our economies and societies in fundamental ways. Plenty of other
transnational challenges – from addressing the root causes of the Middle
East refugee crisis to implementing last month’s Paris agreement to
mitigate climate change – are also in the cards.
It would be ironic if Europeans,
enthralled by illusory promises of blissful national self-containment,
threw away 60 years of deep cooperation at a moment when such
cooperation is needed more than ever. Of course, self-destructive
national behavior is not new. But, more often than not, leaders have
managed to pull back from the brink. The key for Europe will be to
deliver a coherent and compelling vision that justifies our need for
cooperation in the decades ahead.
Martin Schulz is President of the European Parliament.
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