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.
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.
Our policy should care about everyone
Obserwator FinansowyIf we do want to canalize and bring inflation down maybe that means we have to have bigger sacrifice in our output and it is a hard decision – says Xing Guo, Bank of Canada.
Particular countries have different sources of inflation
Obserwator FinansowyIf we let inflation consolidate and entrench at the high level the cost od bringing it down at a later point in time will be huge in terms of unemployment – says Marco J. Lombardi, Bank for International Settlements.
Housing market may stagnate a bit
Obserwator FinansowyHousing markets are affected by general long-term movement of interest rates so discussion about monetary policy shocks may be a little bit tricky in context of housing markets and so preferably we should separate those two...
Moments of trauma can be moments of opportunity
Obserwator FinansowyCurrent tragedy of Europe can be also a positive opportunity for energy transition, we have to think big – says Cornel Ban, Associate Professor in International Political Economy, Department of Organization, Copenhagen...
We have to make ourselves less dependent on one source
Obserwator FinansowyAutarky may not be the road but quite likely what may be the road in the future is that we will have again more storage of gas, oil and other resources – says Robert Holzmann, Governor, Oesterreichische Nationalbank.
We are going into new phase of globalization
Obserwator FinansowyMutual gain for a trading relationship is going to be a more sensible trading relationship where people think more of who they are trading with – says David Marsh, Chairman, Official Monetary and Financial Institutions...
Have Russian leaders underestimated a rival again?
Thomas GrennesThe invasion of Ukraine by Russia has produced many surprises. Most observers have expressed surprise at the strength of resistance by Ukraine and its supporters. Underestimating the strength of Ukraine has been described as...
The international economic sanctions on the agressor in the war in Ukraine are a game changer
Dr Marzenna K. JamesMore capable of addressing political blackmails in foreign trade, they not only effectively help Ukrainians fight in defense of their country, but also provide other countries with better protection from similar invasions.