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.
Wage differences in Central and Southeast Europe are smaller than we might think
Jan CipiurCSE 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.
Two-speed Europe will save the EU
Anna Patrycja CzepielThe idea of a two-speed Europe should be viewed positively. In economic policy, permission for Member States not to join certain EU initiatives can – figuratively speaking – fill the national purse. Which is not to say...
Structural Impediments to Fighting Corruption in Ukraine
Taras KuzioThere are four factors that contribute to deep-seated structural obstacles to fighting corruption in Ukraine.
Croatia – between chaos and periphery
Jan Muś, Tom HashimotoUnlike its southern neighbors, Croatia postulates itself in ‘South-eastern Europe’ rather than in the ‘Balkans’ or ‘former Yugoslavia’.
The Ukrainian business has moved to tax havens
Michał KozakThe concept and the institution of offshore companies have grown into the language of the Ukrainian economic debate so deeply that it is hard to imagine it today without this element.
Central banks attract financial supervision
Jacek RamotowskiThe worldwide debate on what kind of institution should exercise supervision of banks is intensifying as the role of central banks is rising throughout the world.
CEE regional GDP growth doubled Eurozone in 2015
Jo HarperIn 2015, GDP growth in Central and Eastern Europe (CEE) at 3.1 per cent was nearly double that in the Eurozone (1.6 per cent), with the long-term GDP outlook similarly positive.
Ukraine needs support and not only financial aid
Andrzej GodlewskiIt is of key importance now to support the Ukrainians in their effort to develop their institutional capacity, argue Richard Steinberg and Anne Bercio from the Institute for European Politics in Berlin.
IMF warns about denting business confidence in Polish economy
Jo HarperPoland has been growing steadily over the past years, with 3.6 per cent growth in 2015, although some policies of the government, in office since November 2015, have dented investor sentiment and could slow growth, according...
World Bank upgrades 2017 GDP growth forecast for Serbia
Jo HarperAccording to the World Bank's Global Economic Prospects report, Serbia's GDP will grow 1.8 per cent in 2016 - which is equivalent to the January forecast - and by 2.3 per cent in 2017 - 0.1 percentage points more compared to...