TASK DEFINITION: In this task, you are given a sentence in English and your task is to translate it into Spanish. In translation, keep the numbers and capitalization (capitalize only the first word of each sentence and name).
PROBLEM: Competition is an instrument and does not always produce ideal solutions.

SOLUTION: La competencia es un instrumento y no siempre conduce a soluciones óptimas.

PROBLEM: Indeed, the time has come to resolve a central problem for global stability.

SOLUTION: De hecho, Señorías, ha llegado el momento de solucionar el nudo gordiano de los equilibrios mundiales.

PROBLEM: In our Group, we find it hard to see how the financial administration for 1997 was in any crucial way better than that for 1996.

SOLUTION:
Nuestro Grupo no ve que la administración económica en 1997 haya sido mejor que la del año 1996.