ABSTRACT
North Atlantic Treaty Organization (NATO) thus established the preconditions for the most spectacular single period of economic growth in mankind's long history, for the appearance of a truly global economic system, for the overcoming of national differences, and for the founding of supranational economic groupings like the European Economic Community. NATO's strategic superiority is slowly but constantly being whittled away. External events, like the oil crisis, have given the impression that NATO's scope is becoming both inadequate and outdated. The Western business community with its industrialists, its traders, and its bankers has a strategic role to play both inside and outside developed Western countries. Technologies must be developed that can take root in the host countries, sow the seeds of entrepreneurial spirit, and thus encourage long-term developments that will hopefully lead to democratic societies along the Western pattern. European countries and European business must take up the American call for greater involvement in the developing world.
