7 This problem is present even in cases where a political commitment with the common interest appears to be stronger, as illustrated by the difficulties that have emerged on the road to create the institutional infrastructure required for the adequate functioning of the European Monetary Union.
In my view, the reluctance of individual nations to subject decisions to global rather than local needs, is closely linked to an inadequate understanding by the authorities, and the public in general, of the implications of interdependence among countries for national prosperity in a globalized world.