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.
In Poland the shadow economy is shrinking and evolving
Bohdan WyżnikiewiczOne sixth of Poland’s GDP is generated in the shadow economy. Informal economic activity is the result of excessive state regulation, weaker economic situation in some industries and low tax morale.
Global economic uncertainty is hurting economic growth
Milena KabzaThe global economy is slowing down, largely due to a widespread sense of uncertainty, the main source of which is the continuing US-Chinese trade war. According to the IMF about 70 per cent of the global economy will...
Central banks find digitalization of their currencies troublesome
Patrycja BeniakCentral banks are getting increasingly serious about the idea of currency digitalization. Yet, this innovation might complicate their monetary policies to a significant extent.
Czech pragmatic approach to Huawei
Filip BrokešChinese tech-companies Huawei and ZTE have not been excluded from participation in state tenders of Czech government bodies, according to a Czech daily E15.
Poland is the FDI leader in Central and Southeast Europe
Maria BnińskaFor the first time in six years FDI in Europe decreased. In 2018 there were 6,356 FDI projects, 4 per cent less than in 2017, according to EY European Attractiveness Survey.
Counterfeit products are coming from the Far East
Obserwator FinansowyThe value of global exports of counterfeit or pirated products (copyrighted works reproduced without permission from the copyright owner) increased from USD461bn to USD509bn. The most commonly counterfeited products are...
Poland needs a pragmatic approach towards the EUR
Mariusz-Jan RadłoWhen Poland was joining the European Union 15 years ago, it made a commitment to adopt the common European currency. However, a decade and a half later, it’s still outside the Eurozone.
The international position of the USD remains strong
Paweł KowalewskiFor over half a century economists talk about the imminent decline in the importance of the USD. However, there are currently no indications that this could become true anytime soon.
The middle class is struggling
Obserwator FinansowyThe share of the middle class in the societies of the most developed countries has decreased from 64 to 61 per cent in the last three decades.
The German market is driving the growth of Polish exports
Wojciech MroczekIn the conditions of weakening international trade, the increase in sales to Germany proved to have a positive impact on the growth of Polish exports in 2018. This was largely due to factors not related to demand.