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.
Ukraine – the evil we are witnessing cannot be allowed to triumph
Gordon BrownNo country has done more than Poland to support the people of Ukraine and especially those driven from their homes by President Putin’s unprovoked aggression.
Building a resilient and sustainable economy along with today’s energy price boom
Pierre WunschThe adjustment towards a decarbonised economy is being challenged by booming energy prices linked to the geopolitical tension on Europe’s eastern border.
We are able to contain inflation
Obserwator FinansowyI think that we are able to contain inflation by hiking interest rates. There is always very kind of… for a small open economy like Iceland, and Poland is to some extent too, also an open economy. The currency market...
Globalisation constantly evolves
Obserwator FinansowyWell, there is such a saying – the only constant thing in this world is change. And that’s how I also see this very broad question on globalisation. Even if nothing happened, even if we had no pandemic war against...
Every time monetary policy has some lag structure
Obserwator FinansowyIn fact, it’s only the central banks that can fight inflation in a proper manner and there is a lot of discussion going on all over the world and especially in Europe on how governments could address inflation....
Sustainability & climate change – a more delicate balancing act
Constantin Mugur IsărescuThe economy and financial system worldwide saw major transformations in the past decades, boosted by globalization and digitalization or reshaped by key inflexion points such as the 2008 financial crisis, the COVID-19...
We must react cautiously and flexibly to rising inflation
Obserwator Finansowy“Our measures are an attempt to limit secondary effects, so that – when the negative supply shocks disappear – inflation will also decline rapidly,” says Mārtiņš Kazāks, Governor of Latvijas Banka and member of...
The complexity of civilisation is a sign of development
Maciej DanielewiczEconomic growth is underpinned by long-term technology trends. By observing them, we can make forecasts 20 to 30 years into the future. These days automation and digitalisation of the economy is key to growth: short term...
Beyond GDP: how to measure economic growth in the digital era?
Jakub GrowiecIn economists’ discussions we can sometimes hear that GDP is a poor measure of economic development and that we should look for a better one. Nevertheless, GDP is still widely applied in macroeconomic analysis, and...
Germany wants to export its green ambitions and green technologies
Maciej JaszczukGermany plans to accelerate the implementation of its climate policy. However, the local industry is not afraid of the transformation and is just waiting for the regulatory impulses. Germany will now try to persuade the...