This may not be a simple task, but I would suggest that a favourable judgment would require that the macro-economic performance of the Australian economy be better than in earlier decades, and that it stand up well in comparisons with the experience of other countries over the same period. BIS Review 64/2000  6
Let me frame the reform problem this way: Europe is facing the challenge of overcoming obstacles to reform along the route to a sustainable and coherent community order. There is certainly more than just one solution. The option of reforming the common economic and financial framework towards stronger European liability, however, is predicated upon transferring more national sovereignty to the European level.