'If the English were misguided enough to leave the EU, the biggest democratic and economic club in the world there would, in the end, be a price to pay. The question remaining is how high will that price be and for how long will the UK be paying it?'
British petrol company BP having to ration deliveries to its service stations because of the shortage of truck drivers that has become more acute with the Brexit is one among other issues Britain's economy is facing today.
Britain's economic recovery from the pandemic is also far from plain sailing.
The multiple confinements around the world have disrupted the mechanics of sea and air transport, with Covid-19 strongly impacting on import-export deadlines and costs.
The
huge
drop in growth in March and April 2020 was counterbalanced by a new approach to work.
- Teacher: Demaubus Thierry
The pandemic has triggered a new approach of the world economy. Energy transition, even though moving fast, would not solve global warming.A brand new economic model is required. A model that would reconcile growth for all, for the poorest, prosperity and sustainable growth.
The themes studied this semester will cover issues such as sustainable development in the context of globalisation, inter-connected economic shocks but also examining economic outcomes after Brexit and the pandemic.
- Teacher: Demaubus Thierry