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.
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.
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...