Many problems Europe faces follow decisions governments have taken, alone or together, UK Prime Minister David Cameron told World Economic Forum Annual Meeting participants. On the future of Europe, he said: "We are an open, trading continent. We have a proud record of invention. We’ve got advanced democratic values. But yes, we’ve got to recognize that Europe has to earn its way. The world doesn't owe us a living. So let's make the choice to do things differently, to fight for our prosperity."
Cameron outlined his vision of a new direction for the continent: a risk-taking investment culture, a Europe-wide patent scheme, tougher stress tests, killing off sovereign debt and removing crushing regulation are a formula for growth.
"Now is the time to go for a genuine Single Market," he said, pointing to commitments from leaders across Europe to open and free market reform.
Prime Minister David Cameron
David Cameron is the current Prime Minister of the United Kingdom, First Lord of the Treasury, Minister for the Civil Service and Leader of the Conservative Party. Cameron represents Witney as its Member of Parliament.
Cameron studied Philosophy, Politics and Economics at Oxford University, gaining a first class honours degree. He then joined the Conservative Research Department and became Special Adviser to Norman Lamont, and then to Michael Howard. He was Director of Corporate Affairs at Carlton Communications for seven years.
A first candidacy for Parliament at Stafford in 1997 ended in defeat, but Cameron was elected in 2001 as the Member of Parliament for the Oxfordshire constituency of Witney. He was promoted to the Opposition front bench two years later, and rose rapidly to become head of policy coordination during the 2005 general election campaign. With a public image of a young, moderate candidate who would appeal to young voters, he won the Conservative leadership election in 2005.
In the 2010 general election, the Conservatives gained a plurality of seats in a hung parliament and Cameron was appointed Prime Minister on 11 May 2010, at the head of a coalition between the Conservatives and the Liberal Democrats. At the age of 43, Cameron became the youngest British Prime Minister since the Earl of Liverpool 198 years earlier. The Cameron Ministry is the first coalition government in the United Kingdom since the Second World War.
British Prime Minister David Cameron argues that the path to economic recovery in the E.U. depends upon increasing exports and paying off public debt. "Our first priority must be to kill off the specter of massive sovereign debts," says Cameron. The Prime Minister encourages renewed emphasis on European manufacturing and "entrepreneurial dynamism."
Commune (pop., 2000: 11,417), eastern Switzerland. It consists of two villages, Davos-Platz and Davos-Dorf, located in a valley of the Alps. First inhabited by Romansh-speaking people, it was settled in the 13th century by German speakers. It became the capital of the League of Ten Jurisdictions (or Courts) in 1436 and was ruled by Austria from 1477 to 1649. After the 1860s it became a fashionable health resort, and in the 20th century it developed into a centre for skiing and other winter sports. In the 1990s Davos became famous for hosting the World Economic Forum, an annual gathering of international politicians and financiers who represented a transnational elite.
Cameron has set up a straw man argument. For him, regulation and big-government are main barriers to economic growth in Europe, and the answer is to get rid of these barriers.
In the meantime, the most dynamic countries in the world steam ahead, with strong regulations on capital markets and a great deal of government involvement in the economy.
In my opinion he is trying to rejuvenate the discredited neo-liberal economic ideas of the past 30 years, at a time when we need quite different ideas.