There are many structural and regulatory changes going on in the banking sector worldwide, including in Poland. The level of competition may decrease after the planned mergers are finalized.
The European Central Bank counteracts country-specific risk premia in eurozone, that hinders proper allocation of capital and incurs the risk of building up a new credit bubble. Meanwhile the eurozone is already waiting to cover...
According to data published by Eurostat and the European Commission Poles are raising labour efficiency while the wage share in Poland’s GDP is among the lowest in the EU and continues to deteriorate. Yet, employers are...
We are adept at assembling and tightening screws, but by doing so, Poland falls into the trap of low technology and medium income. We need to change our approach to the economy, and then consistently implement a new plan -...
Today, at a meeting convened by the Polish President, Professor Jerzy Hausner shall present a report entitled “How to make headway in the world league?” According to its authors, the Polish economy is now at a turning...
In the latest World Bank’s Doing Business 2013 ranking, Poland came 55 among 185 countries ranked. A way behind, but we moved up the fastest among all countries – 7 spots, which was thanks to the work of the Ministry of...
LOT, the Polish national air carrier, wishes to apply for a considerable public aid amounting to PLN 400 million (about EUR 98 million), but needs as much as PLN 1 billion. Meanwhile, the prospect of the company's...
The fast pace of technological change means that we are beginning to conceive of computers as capable of doing almost anything, from answering quiz questions to driving a car. Firms need to adapt their business models in order to...
How does one respond to the idea that government needs to regulate monopolies? More specifically, in a free, capitalist economy, is there any time when government would intervene “for the consumer’s good”?...