In order to regain economic competitiveness, European countries will have to abandon many of their social-welfare policies and reform their political institutions. Most Europeans prefer to ignore the looming challenge of radical policy reform, owing to the decline in living standards that it implies.
与此同时，欧洲必须为更深远的转型做好准备。为了重新获得经济竞争力，欧洲国家将不得不抛弃许多社会福利政策并改革其政治制度。大部分欧洲人更愿意舒适彻底政策改革的迫切挑战，因为这意味着生活水平的下降。