As an institution established to support the stability of the world economy, the International Monetary Fund (IMF) is exhibiting a strong commitment to combatting the economic and social consequences of the coronavirus pandemic.
In spite of the pandemic, the commercial banks operating in Ukraine have achieved sound profits. However, according to the Ukrainian central bank NBU, this may soon change because the conditions for the functioning of the...
The coronavirus shock in the first phase of the crisis caused various types of imbalances in the markets of goods, services, property and labor. Unravelling these imbalances requires time to adjust but some countries don’t have...
After 2019, which was almost record-breaking in terms of the value of VC investments, start-ups have hit a wall due to the lockdown and difficulties in raising capital. However, some of them are actually benefiting from the...
Global public debt will increase this year from 83.3 per cent to 96.4 per cent of the GDP as a result of the coronavirus pandemic. The increase in debt levels will be the strongest in the most developed countries, which are...
The EU is looking for ways to respond to the crisis caused by the pandemic, but the Eurozone is still far from becoming a fiscal union. In crisis Poland should be happy to be outside the Eurozone and to have independent central...
March and April 2020 will go in history as months with historically weak economic indicators. The representatives of the Fed and the ECB believe that the worst is behind us, but they are concerned that we may not return to the...
“The current crisis is a crisis of the real economy, which may turn into a banking crisis, but doesn’t have to. Fortunately, the Polish banks are well prepared, with high capital buffers, which will help to absorb the...
The fashion world, including the clothing industry, is undergoing profound changes, and the crisis will only deepen the previously observed negative trends. The entire value chain is being rebuilt due to the expected changes in...
In the last weeks, prices of gold rose to near-eight-year highs, fueled by new cases of COVID-19 that are dampening hopes for a speedy economic recovery. In the physical market, the price of an ounce of gold increased to the...