1. Kurdish Strategic Center in Europe is Academic meeting place
4/6/2017
4/6/2014
Kurdish Strategic Center in Europe is an academic meeting place
Overview of The European Economy By KSCE
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2. Kurdish Strategic Center in Europe is Academic meeting place
4/6/2017
4/6/2014
I - The place of the European Union in the world economy From 6 member states to 27
The European Union is a geo-political entity , which are covering a large area of the European continent.
It is founded upon numerous treaties and has undergone expansions that have taken it from 6 member states to 27, a majority of states are in Europe.
The European union is the first global commercial power of several countries having a market economy, and ahead of the United States and Japan.
With the difference that the EU, unlike these two countries, does not constitute a nation

3. Kurdish Strategic Center in Europe is Academic meeting place
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From EEC to EU
The transformation of the European Economic Community (E.E.C) into European Union (E.U) was the last stage preceding the constitution of the Economic and Monetary Union (E.M.U).
The E.M.U reinforce the integration of European countries by the adoption of a single currency, The EURO, the consequence of a long maturation which started after the second world war.

4. Macroeconomic situation E.U (27) Population
Kurdish Strategic Center in Europe is Academic meeting place
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Macroeconomic situation E.U (27) Population
2004
2005
2006
2007
2008
2009
488 ,756 ,726
491, 023, 535
Population (47 members) in 2005 According to UN population projection, Europe's population may fall to about 7% of world population by 2050, or 653 million people

5. The macroeconomic situation of the European Union
Kurdish Strategic Center in Europe is Academic meeting place
4/6/2017
4/6/2014
The macroeconomic situation of the European Union
EU (27)
USA
China
Japan
India
2002
382
288
1281
127
1039.6
2007
495
301
1322
127.4
1129.8
2008
497
304
1330
127.2
1148
Population in million of inhabitants

6. The macroeconomic situation of the European Union
Kurdish Strategic Center in Europe is Academic meeting place
4/6/2017
4/6/2014
The macroeconomic situation of the European Union
Growth rate of the GDP in %
EU (27)
USA
China
Japan
India
2002
1.0
1.6 8
0.2
5.4
2007
2.9
2.0 13
2.4 9
2008
0.9
1.1
-0.6
7.3

7. The macroeconomic situation of the European Union
Kurdish Strategic Center in Europe is Academic meeting place
4/6/2017
4/6/2014
The macroeconomic situation of the European Union
GDP per capita ($)
EU (27)
USA
China
Japan
India
2002
25071
35157
4474
25649
2540
2007
25100
46800
5400
33500
3700
2008
29342
47103
3174
38055
2800

8. The macroeconomic situation of the European Union
Kurdish Strategic Center in Europe is Academic meeting place
4/6/2017
4/6/2014
The macroeconomic situation of the European Union
Inflation
EU (27)
USA
China
Japan
India
2002
2.1
1.6
June (– 0.8)
Dec (– 0.4)
- 0.9
3.46
2007
2.3
2.8
June 4.40
Dec 6.50
0.0
4.80
2008
3.7
3.8
June 7.10
Dec 1.20
1.4
11.60

9. The macroeconomic situation of the European Union
Kurdish Strategic Center in Europe is Academic meeting place
4/6/2017
4/6/2014
The macroeconomic situation of the European Union
Unemployment
EU (27)
USA
China
Japan
India
June 2008
6.9
5.6
4.1
6.7
Dec 2008
7.6
7.2
4.2
4.3
Mar 2009
8.3
8.5
4.4
7.3

10. The macroeconomic situation of the European Union
Kurdish Strategic Center in Europe is Academic meeting place
4/6/2017
4/6/2014
The macroeconomic situation of the European Union
Trade Balance
EU (27)
Million €
USA
Billion $
China
Japan
Billion JPY
India
Million $
June 2008
21.0
104,1
Dec 2008
39.0
-322.2
Mar 2009
Jan 2009
18.6
10.3
(- 956) ?

11. Kurdish Strategic Center in Europe is Academic meeting place
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Economic Indicators
2006
2007
2008
GDP growth rate
1.7
2.9
0.9
GDP per capita
$23600
$25100
29342
Inflation
1.8
2.2
3.7
Unemployment
8.4
6.8
7.2
Trade balance -
26.2 (27)
Billion €
30.7 (27)

12. Strengths of the European Union
Kurdish Strategic Center in Europe is Academic meeting place
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4/6/2014
Strengths of the European Union
Strengths
Demographic position
Poles of competitiveness
World trade
Wealth

13. Kurdish Strategic Center in Europe is Academic meeting place
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More than half of the European population will be over 40.
Already 22% of the population is older than 60 and this is expected to rise to 36% in 2050, as life expectancy increases and birth rates remain low, at around 1.5 children per woman.
This demographic evolution is increasingly weighing down on Europe's economy as the costs of pensions and healthcare swell and the workforce dwindles. 
But the European Union will remain the third demographic power of the world

14. Kurdish Strategic Center in Europe is Academic meeting place
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Demographic position
The population of the fifteen will decrease in decades to come but according to projections, the European Union will remain the third demographic power of the world.
Country
Year
1997
2025
China
1236
1569
India
969
1384
United States
267
335
European Union (16)
373
369

15. Kurdish Strategic Center in Europe is Academic meeting place
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But the share of the European Union in the world population between these two dates will pass from 6.4% to 4.6%
The life expectancy will pass from 74 to 81 years but still there is the risk of the aging of the population.
In terms of GDP per capita, the E.U is placed among the first three world power The European Union counts for 20% of world trade, occupying the second place after the United States 21%.
The EU represents a privileged space for the establishment of companies, possessing more than a quarter of direct foreign investments, preceding the United States and Asia, and one company over two which is established out of the union zone, is European

16. Poles of competitiveness
Kurdish Strategic Center in Europe is Academic meeting place
4/6/2017
Poles of competitiveness
4/6/2014
The poles of competitiveness of the industry and the services of the European Union are located in:
Automobile
Mechanics
Chemistry
Aeronautics
Telecommunications
Insurances
Distribution

17. Kurdish Strategic Center in Europe is Academic meeting place
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Weaknesses of the E.U
Weaknesses
Energy
Data processing
Industrial specialization

18. Kurdish Strategic Center in Europe is Academic meeting place
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Energy
This weakness is primarily due to oil.
Even if the oil of the North Sea decreases the union's energetic dependence, the European Union remains dependant on the rest of the world regarding oil provisioning.

19. Industrial specialization
Kurdish Strategic Center in Europe is Academic meeting place
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Industrial specialization
The sectors which formerly contributed to
the European economic power, at the XIXth century and the beginning of the XXth century, disappeared or are in the process of disappearance.
(Mines, industries of iron and steel, of metallurgy and textile).

20. Kurdish Strategic Center in Europe is Academic meeting place
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Technologies of the European countries industries
are competing with countries with low cost production capabilities, creating a movement of delocalization.

21. Kurdish Strategic Center in Europe is Academic meeting place
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The European Union chose to specialize
in high quality goods which leads to strong structural commercial surpluses.
(AIRBUS)

22. Kurdish Strategic Center in Europe is Academic meeting place
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On the other hand, concerning products with low average margin, the European Union cannot create competitive advantage through price.

23. Kurdish Strategic Center in Europe is Academic meeting place
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The EU owes its place among economically advanced countries, to its aptitude to offer quality products and services and to innovate.

24. Kurdish Strategic Center in Europe is Academic meeting place
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Data processing
Japan and the United States benefit from the technological advance in the sectors of information technology, telecommunication electronics and data processing.

25. Kurdish Strategic Center in Europe is Academic meeting place
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Japan remains the leader in the production of computers and office equipments as well as in the sector of electronics.
Nevertheless, the European Union precedes the USA ,Japan and South Korea in the communication products (Sumsung, Aple, NOKIA, ERICSSON, SIEMENS, ALCATEL).

26. Kurdish Strategic Center in Europe is Academic meeting place
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But the “old Europe” has the particularity of transforming its weaknesses into forces, by changing the size of its companies. the constitution of the European domestic market allowed a number of European companies, (merger and acquisitions at the end of 1990), to constitute large European and transnational groups in sectors such as banking, mass distribution, telecommunications, automobile, chemistry…

27. The next slides will be talking about:
4/6/2014
The next slides will be talking about:
Economic and Commercial integration
European Coal and Steel
European Economical Community.(E.E.C)