The Commission published a reflection paper on 10 May that opens up a vital debate on how the EU can best harness globalisation and respond to its opportunities and challenges. On the external front, the paper focuses on the need to shape a truly sustainable, multi-lateral global order, based on shared rules and a common agenda. The EU could, for example, push for new rules to create a level-playing field by addressing harmful and unfair behaviour like tax evasion, government subsidies or social dumping. On the domestic front, the paper suggests tools to protect and empower citizens through robust social policies and by providing them with the necessary education and training throughout their lives. Progressive tax policies, investing in innovation and strong welfare policies could all help redistribute wealth more fairly. Meanwhile, use of EU structural funds to assist vulnerable regions and the EU Globalisation Adjustment Fund to help displaced workers find another job can help mitigate the negative impacts of globalisation. Following this paper, the new Reflection Paper on EMU deepening will be released on 31 May.