According to the OECD experts, there is no significant need to increase the taxation of various forms of household savings in the developed countries but a lot could be improved in the design of these taxes.
International trade is experiencing its most vigorous period in the entire history of the world. In more than half of the countries, including Poland, oil and liquid fuels are the largest import item.
The subject of cars stirs great emotions, especially when they are stuck in traffic jams, pollute the air with exhaust fumes, but also when they are driving around looking for a place to park.
In Poland it’s difficult to find a sector developing as fast as the foreign trade. The statistics are highly optimistic, but unfortunately Polish export is still unsteady.
Between 1990, when Poland finally said goodbye to the centrally planned economy, and 2015 Poland's GDP per capita increased 7.3 times – from USD1,731 (in then current prices) to USD12,500.
Poland has one of the cheapest food in the European Union. The only country with cheaper food in Europe is Macedonia.
Global trade in second-hand clothes is worth approximately USD4.3bn per year. Polish companies play an important role in this sector. The Polish market of a second-hand clothing is estimated at PLN6bn. The success of the global trade in second-hand clothing also has a dark side.
CSE inhabitants are earning approx. 2.5 times less than the core of the EU, but if extreme cases are omitted, it turns out that most CSE countries do not compete for investors by lowering wages.
In Poland, the regulatory activity of the state has got out of control. In 2014, twenty-five thousand pages of new regulations entered into force, but the state did not stop at that. In 2015 another 30,000 pages were introduced.
Looking in from the outside, Russians are acting irrationally. Before looking at why the Russian economy is bad it makes sense to look at a few areas of the Russian economic weather in which there is no sign of the sun.