Monday, March 26, 2007

The EU Turned 50

Yesterday the EU marked its 50th anniversary amid celebrations & political declarations in Berlin. As the Economist put it in its survey on the EU, like anyone else that age, the EU needs a makeover. I agree with the major premise of the survey - the EU should stop wasting too much of its energy on the draft constitution and re-direct more of its efforts on the economic front. As the survey points out, plenty is to be done on that end. However, there is also another area to consider, which was not covered by the magazine. The EU has way too many gray hairs. Literally. Demography is a serious problem and if not checked it may become a catastrophe. Because changes, no matter what they are, are carried out by people. And people are the one resource that has been steadily declining.

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