Tag: common market

Pascal Lamy: European Economic Growth Will Increasingly Come from Emerging Economies

Pascal Lamy: European Economic Growth Will Increasingly Come from Emerging Economies

Pascal Lamy, current Director-General of the WTO, recently spoke of the increased importance of emerging economies to the EU’s long-term economic welfare. According to Lamy, within 10 years, 19 percent of European economic growth will be the result of trade outside of the European common market. Lamy also suggested that within this same timeframe, China […]