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.
Poland Gangnam Style
Barry EichengreenFor the last quarter century, the Polish economy has been an underappreciated success story – underappreciated certainly in my country, the United States. GDP per capita tells the tale.
A somewhat different look at the Bundesbank
Paweł KowalewskiThe Bundesbank is most often associated with a conservative approach to central banking, significant levels of institutional independence, and a highly effective monetary policy.
OECD expects strong GDP growth in Poland and declining inflationary pressures in 2022-23
Maciej DanielewiczOECD expects inflationary pressures to ease in the course of 2022-23. As inflation is spreading through various components, central banks must be vigilant and be ready to respond – says Mathias Cormann, the...
IMF: We have welcomed the initiation of the tightening of monetary policies early in the Fall
Maciej DanielewiczWe have welcomed the initiation of the tightening of monetary policies early in the Fall. Determining an “optimal” timing of the decision to change the monetary policy stance is difficult - says Alfredo Cuevas, economist...
Investors’ irrationality deepens economic crises
Ewa RzeszutekBehavioural inclinations of managers, often leading to management errors on a microeconomic level, can accumulate, causing at least ineffectiveness, if not serious disruptions in the economy on a macro scale, thinks...
The Covid-19 pandemic has strengthened Poland’s position in global exports
Łukasz AmbroziakThere are two main factors that determined the robust performance of Polish exports during the pandemic: the greater product diversification of the Polish export sector compared to most EU member states and the relative...
Poland’s success
Harold JamesThe collapse of Soviet communism was a process that began in Poland, with the Solidarnosc movement eventually overcoming an oppressive and inhumane order. A powerful motivation in that drive was the desire to reconnect with...
Equitable growth is no simple matter
Maciej JaszczukThe last 20-30 years have been marked by significant progress in income convergence among EU Member States and Central and Eastern European countries have been on the forefront of this process. Meanwhile, taking a closer...
British monetary policy since the financial crisis
William A. AllenInflation in Britain has remained well under control since the financial crisis. Monetary and government debt management policies have become much more closely connected, and it will be important to loosen the connection...
We are paying for free entertainment with lower productivity
Maciej JaszczukLeisure-enhancing technologies, which are taking up more and more of people's time and attention, may explain a significant part of the slowdown in productivity growth observed in advanced economies in recent decades –...