Publication Date: July 1991
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Douglas Seay
Research Area: Economics
While Europe's political upheavals grab the headlines, the continent is undergoing an equally fundamental, if less dramatic, economic transformation. From the fading familiar divisions of post-World War II Europe may emerge a single continental economy with over 600 million people. The stakes for America in this quiet revolution are high. America's prosperity will be advanced by the emergence of a Europe with markets open to the world and with economies fully integrated into the West.