English
Obserwator Finansowy features views and analysis of economy in Poland and other countries, written by some of the best journalists, economists and analysts. Our mission is to share knowledge of economics and financial markets in the world.
Obserwator Finansowy is a project under aegis of the Poland’s central bank, Narodowy Bank Polski. We have published thousands of articles about the Polish and global economy. Our journalists have conducted hundreds of interviews with Nobel laureates, distinguished economists, business leaders and politicians with views across the political spectrum.
In this section you can find selected articles in English.
Magdolna Sass: The Meaning of Central Europe and its industry
Magdolna Sass, Grzegorz JeżI think ownership matters, so it’s good to have your own companies that are competitive enough because you can become independent more or less from what’s going on in the world and in your most important partner...
Birgit Niessner: Productivity is the driver of growth which we need most in Europe
Birgit Niessner, Grzegorz JeżWe have had enough capital stock, labour supply is still sufficient, this may be a problem in the future with the declining demographic component. But currently if you want to be competitive, you have to invest in...
Jan Frait: When no one sees the risks they are greatest
Marek Pielach, Jan FraitI would be cautious in declaring victory over inflation and at the same time a bright economic outlook. There is a really long delay between monetary policy measures and their effects, says Jan Frait, Deputy Governor of the...
Iain Begg: The trouble with monetary policy is that it can happen quickly
Iain Begg, Grzegorz JeżThe trouble with monetary policy is that it can happen quickly. For the fiscal policy so as to agree it takes far longer. In cases of emergency monetary policy is left with the only option of how to deal with a crisis –...
Luigi Palumbo: Financial Sanctions are More Effective than Trade Ones
Luigi Palumbo, Grzegorz JeżObserwator Finansowy: It’s a great honour to have you here at the studio of Obserwator Finansowy. I would like to ask you a question concerning the sanctions imposed on Russia. During the academic session you...
Fabio Ghironi: Imposing Sanctions Was and Remains the Right Thing to Do
Fabio Ghironi, Grzegorz JeżThere is an obligation to do everything possible to create damage to Russia’s war effort and put pressure, hopefully, for change in Russia – says Fabio Ghironi, Professor of Economics, University of Washington
Ukraine Needs Security and Guarantees
Barry Eichengreen, Grzegorz JeżUkraine needs to be confident. Investors need to be confident, that it is secure from further attacks by Russia – says Barry Eichengreen, Professor of Economics and Political Science, University of Berkeley
Bank of Japan’s Monetary Easing in an Inflationary Environment and New Governor’s Challenges
Sayuri ShiraiDuring the inaugural press conference held on April 10th at the Bank of Japan (BOJ), Governor Kazuo Ueda affirmed the commitment to achieving the 2% price stability target, which was clarified in January 2013 in the joint...
The Bank of Japan Unprecedented Monetary Easing Experiment
Sayuri ShiraiAfter the collapse of bubbles in early 1990s and persistent baking sector problems, Japan’s economy had entered into low economic growth since mid-1990s and mild deflation since late 1990s. The average rate of economic...
Our monetary strategy has served us well for many years, providing anchor to the overall macroeconomic stability
Grzegorz JeżThe proper diagnostic on the inflationary nature is a key in adequate calibration of the policy response – thinks Anita Angelovska-Bezohska, Governor of the National Bank of the Republic of North Macedonia.