To respond, one U. The difference is that internationalists hope the circle can be expanded ever wider — that it might be possible to create a global nation. Think of the U. First, the EU is delivering economically. Among others, my institution — the European Stability Mechanism ESM — is a product of European cooperation in response to the financial and economic crisis.
The first is the bilateral level. Over the last three decades, advanced economies have seen labor-intensive sector jobs move to emerging markets. In addition, the privatization efforts are presenting an incredible range of opportunities for investors, lending institutions, service providers and manufacturers.
What happened? For the purposes of the study, WMACs are defined as those that rank among the Top 50 All Stars or rank within the top three of their industries. Beyond Europe, the continued rise of Asian economies, as well as those in Latin America, present new opportunities for strengthening international cooperation in many of the areas I have mentioned, including finance, infrastructure, energy, education, climate change and others.
Emphasizing consensus on a broader set of corporate objectives is a critical complement. Not at this stage — multilateral institutions and international organizations have proven to be the most effective way to solve complex global problems in a peaceful and constructive way.
All these elements are putting pressure on international organizations as well.