Mechanism of convergence in European Union was discussed at GSOM SPbU
On September 6th, GSOM SPbU hosted research seminar led by Marcin Wajda, lecturer from Warsaw School of Economics. He presented the topic: "Mechanism of convergence in European Union".
Participants of the seminar discussed how European Union uses public funding to eliminate imbalances in socio-economic development.
Mr. Wajda drew audience' attention to the fact that the existing territorial disagreements lead not only to serious economic consequences, but also to political ones. It is necessary to eliminate them by redistributing income. One example of such interventions is the policy of rallying of European Union. Its goal is to ensure proper functioning of common market by limiting social and economic disparities in all regions.
"Marcin Wajda presented an interesting overview of EU's regional policy measures aimed at stimulating economic growth and overcoming economic inequality within the framework of the EU (cohesion policy), and also summed up the interim results of the policy pursued by the example of Poland. Among the problem points, the researcher singled out the inequality in the amount of funding received between different regions of the country, noting that the least amount of funding is often received by less developed regions. " — said Olga Garanina, Associate Professor, Department of Strategic and International Management.
The visit of the Polish researcher to St. Petersburg State University took place within the framework of Erasmus+ academic mobility program. GSOM SPbU Students (Bachelor' and Master’ programs), as well as Doctoral students and lecturers of Department Public Administration, Department of Strategic and International Management took part in the seminar.
Marcin Wajda is a lecturer at Warsaw School of Economics (College of Social Economics), where he teaches microeconomics, macroeconomics and public finance. Mr. Wajda is also a specialist in the field of implementing financial engineering tools for micro, small and medium-sized enterprises and local self-government bodies, as well as municipal enterprises. His research interests are focused on the problems of the functioning of public financial instruments, regulated and unregulated ("shadow" banking) financial systems, regional development and cohesion policies, and the introduction and accounting of development funds, particularly in countries of European Union.