This shift appears effectively to have answered the dire concerns that were expressed, in a report from the Club of Rome three decades ago, about the prospects of running out of the physical resources that allegedly were necessary to support our standards of living.
Economic challenges for the new Member States How far are the new Member States on this road towards the euro? The countries that joined the EU this year have shown impressive economic growth rates and have made great strides in reducing inflation. They belong to the most dynamic economies in the EU, having gone through profound structural changes.