initiative and market forces. JP/jl A/S -18/PV. 3 36 (Mr. De Michel is, Italy) Europe is thus recovering its central position, which derives not only from the wealth it produces but also from its advanced degree of integration, which makes it a model for the future. It is not just a matter of opening up Europe to the outside world, according to the grand design envisioned by the Community's founding fathers. With the current overall trend towards globalization, there will eventually be no outside world, and territories and cultures will exist only as a dimension of a single universal system. Europe, and particularly the countries of the Community, will have to translate this new-found centrality into a greater commitment to the many areas of poverty beyond its borders. Because of this expanded market, the European Community will shortly have the means and capacity to respond adequately to the challenge of economic growth. It will have to use some of its new resources to contribute to the changes in the East, as well as to the solution of problems on the southern shores of the Mediterranean and in other developing countries. We are therefore planning to propose that, for 1993, the Twelve should aim at mobilizing 1 per cent of their gross national product for the benefit of the countries of Eastern Europe and the Mediterranean and the other developing countries, apportioned as follows: 25 per cent for Eastern Europe, 25 per cent for the Mediterranean and 50 per cent for all the others. According to fairly reliable forecasts, by 1993 the gross domestic product of the 12 countries could amount to $6,000 billion. Therefore 1 per cent would represent an annual transfer of S60 billion, which would include both multilateral and bilateral assistance. This 
**Analysis**
The text discusses the future of Europe and its role in the global economy, highlighting its advanced degree of integration and its potential to contribute to economic growth and development in other regions. The text also mentions the need to address poverty and development challenges in Eastern Europe, the Mediterranean, and other developing countries.

**Category**
International trade, Economic development