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The whole piece then gallops off into a full-scale assault on companies for trying to raise competitiveness in the workforce.
Without decisive action to raise competitiveness in southern European countries, any other efforts will only serve as a short-term Band-Aid for a poorly healed injury.
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"Those who stayed have had to restructure to diminish costs and raise competitiveness," said Jorge Carrillo, a researcher at the College of the Northern Border in Tijuana.
"It is not a pretty picture," said André Sapir, a former adviser to the European Commission president who led a landmark study of the union in 2003 that proposed a host of changes to raise competitiveness and already sluggish economic growth.
Instead of having huge devaluations like those suffered in Mexico under Mr. Zedillo, in Indonesia under Mr. Suharto or in Poland under Mr. Walesa, Europe's troubled nations need to raise competitiveness by reducing local costs.
Second, there is a need to raise competitiveness.
If nothing else, this raises competitiveness issues for inward investment.
For international students, I like to focus on a few key components to raise their competitiveness in the hiring process, no matter where they end up.
Over the next decade both countries will become associate members of the E.U., which will force them to raise their competitiveness in industrial goods and harmonize their laws, standards and regulations with the organization.
Many developing countries need companion policies and programmes that help increase agricultural productivity and product quality if they are to raise their competitiveness in domestic and international markets.
Many LDCs depend primarily on agriculture for their economic development, so unless they raise their competitiveness in agriculture or diversify their economies, they will become increasingly dependent on aid and more indebted.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com