We do indeed have a very long road to travel, but change is brewing and it is up to capital market players to chart the path towards a sustainable prosperity, one in which we build an economy within the limits of nature.
The Cardiff University report concludes that Objective One has not had a major impact on levels of prosperityin west Wales and the valleys, but may well have helped towards getting people back into the labour market.
The rise of such a currency should be a major boost to global economic growth and prosperity, empowering the world economy to trade in currency not subject to inflation, devaluations, and variation in real market value.