My Report Available Online
Most of the content should provide few surprises for regular readers, but I should immediately comment on two things which some readers might find controversial.
First, that I use the "perfect competition" model to illustrate the benefits of increased competitive pressure. I did in the report note several reasons why it is not perfect and can't be used to justify strict anti-trust laws. In hindsight, I should also have mentioned a greater possibility for so-called price discrimination. However, having made those caveats, the model does in fact provide a good explanation of why increased competitive pressure is a good thing, other things being equal.
And secondly, my endorsement of the euro (the European Monetary Union) as a way to promote free competition and globalization, and therefore by extension also economic growth. There's not much to be added here to that except that you should read the arguments that I put forth and that I therefore believe it to be no doubt that it enhances structural growth. The one caveat to the benefits of monetary unification is if an independent monetary policy would be significantly sounder, as I discussed here.