Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-03-14-Speech-3-370"
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"en.20070314.25.3-370"2
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"Mr President, what is the best way of increasing living standards and human and civil rights in Central American and the Andean Community countries? The question could equally well be applied to the whole of Central and South America and the rest of the economically developing world.
It is in the long-term self-interest of the economically developed and democratic world to use its economic strength to promote economic growth and democracy in the developing world. The best way to do this is by reducing trade barriers worldwide and by concluding trade and cooperation agreements conditional on respect for the rule of law, respect for property and contract rights and respect for human and civil rights.
We have seen how China, even while under the yoke of a dictatorial communist regime, can nevertheless achieve staggering economic development when it embraces capitalist, free-market practices. Capitalism, for all its faults, works. It delivers prosperity, choice and the conditions required for democracy and civilised values. Socialism, for all its idealism, does not work. It delivers oppression, lack of choice and material and political stagnation.
So what the developing countries of the world need is not to follow the example of the quasi-Marxist European Union. They do not need what these reports recommend, which is the export of the worst features of the European Union: economic and political integration and harmonised legislation.
The last thing that these countries need is to follow the example of the failing economic model and increasingly centralised European Union, with its increasingly undemocratic and unaccountable political institutions. These reports call for free trade – which is good – but that must not be conditional on recreating the failing structures of the European Union."@en1
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