We should modify the taxation of savings

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.

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Global trade is growing fast, but Poland is faster

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.

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Cars in city centers are a thing of the past

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.

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Let Polish export giant go at its own pace

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.

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Poland had the biggest GDP per capita growth in the OECD and in Europe

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.

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Food in Poland is cheaper than in other European countries

Poland has one of the cheapest food in the European Union. The only country with cheaper food in Europe is Macedonia.

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Used clothes are flooding the world; Poland is a big recipient

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.

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Wage differences in Central and Southeast Europe are smaller than we might think

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.

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Polish law is the most unstable in the European Union

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.

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Russia’s economy drops to a lower category

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.

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