During the Fall semester 2023 Jean-Marc TROUILLE (Jean Monnet Chair, Associate Professor, School of Management (University of Bradford, UK) has provided online lecturing at Sumy state university within Jean Monnet Chair “EU Economic Policies and Civil Society” (619878-EPP-1-2020-1-UA-EPPJMO-CHAIR).
Jean-Marc TROUILLE is delivering lecturing for the students of Sumy state University (economic, engineering and law specialties) on “Basics of EU economy and economic policies”.
Jean-Marc has provided information about levels of regional integration, including Free Trade Area (FTA), Customs Union, Common Market, Economic Union, Political Union. The arguments for regional integration have economic (allows/facilitates specialisation, Increases production and consumption, Leads to (greater) economic growth, Allows/facilitates technology transfer) and political roots (economic interdependence should lead to less conflict, more peace and political co-operation, Political ‘weight’ of a larger unit in international arenas such as WTO talks).
During the last lectures Jean-Marc TROUILLE provided key facts about EU:
The world’s largest economy after the US
The world’s largest trading bloc
The world’s largest exporter of manufactured goods and services
The world’s largest importer of manufactured goods and services
The world’s largest exporter of agricultural food products
The world’s largest research programme into new scientific discoveries
The world’s largest aid donor to poor countries
The world’s largest carbon market
The world’s largest investor and recipient of FDI
The world’s largest civilian robotics programme
The world’s largest producer of scientific publications
The world’s largest number of science graduates
The world’s largest wind farm market
The world’s largest number of commercial seaports
The world’s largest merchant fleet
… one of the most outward oriented economies in the world, and the world’s largest single market area.
The students have an opportunity to discuss the peculiarities of EU integration and Basics of EU economy functioning.
