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.
Five years of Russian sanctions — who are the winners and the losers?
Jerzy RutkowskiOn the one hand, the Russian embargo was supposed to be a “punishment” for Western exporters for the sanctions imposed on Russia. On the other hand, it was supposed to serve as a tool to support domestic production....
Could Poland’s expansionary monetary and fiscal policies hit the PLN?
Jo HarperNew expansionary monetary and fiscal policies have been introduced in Poland to deal with the crisis due to the COVID-19, but with limited fiscal space a key question is how much the currency may depreciate.
Ukrainian workers would like to come to Poland, but are afraid
Michał KozakAccording to studies, if Poland wants to keep its Ukrainian workers, it has to change the approach and instead of relying on the short-term employment of seasonal workers it should promote assimilation and permanent...
A chain is only as strong as its weakest link
Tomasz ŚwiderekThe COVID-19 epidemic has mercilessly exposed the weaknesses in the supply chains of many large enterprises. However, in recent years there have been other cases that should have prompted the companies to change.
Bad start of the year for airlines
Vedran ObućinaAviation industry is the one that probably suffers the most the pandemic. COVID-19 questions the future of several airlines. In end of March, flights in Europe are down some 60 per cent, in the Middle East 45 per cent, but...
Russia plans to “adapt” to climate change
Filip BrokešIn early January, the Russian government unveiled its plan to adapt the country’s economy and society to climate change. Although the rising global temperature is recognized as a threat, Moscow doesn’t shy away from...
A meat-free revolution not only on the plate
Mirosław CiesielskiIn 30 years, there will be 10 billion people on the Earth. This requires a massive increase in food supply, something that traditional meat production can no longer afford. So, the world is considering alternative solutions...
Croatian central bank reacts against COVID-19
Jan MuśCroatian economy is especially prone to international shocks. Dramatic spread of coronavirus, followed by drastic fall in supply&demand chains badly affected Croatian economy, which did not even have enough time to...
New wave of privatization in the Czech Republic
Filip BrokešAt the end of December last year, the Czech Ministry of Finance drafted a new policy regarding state-owned assets. It outlined which companies should remain in state hands and which should be privatized. The sellout of those...
One in ten of Polish exporters pursue foreign investments
Obserwator FinansowyAt the end of 2018, the value of foreign direct investments (FDI) carried out by Polish companies amounted to USD28.5bn. Poland ranked third among the countries of Central and Southeast Europe (CSE). Companies from the Czech...