The World Bank has warned that the COVID-19 pandemic will have "severe consequences" for the economies of the Western Balkans and that recovery will depend on measures taken by the authorities.
The crisis caused by the pandemic and the necessity of introducing a lockdown, have mobilized governments to launch anti-crisis packages. Regardless of the differences between the individual economies, they all share a similar...
Poland could gain more than USD8bn per year thanks to the relocation of some of the production operations from China to other countries, according to a report Trade routes after the COVID-19 pandemic” by the Polish Economic...
The European Commission (EC) prepared an economic reconstruction fund. On top of the EUR500bn in grants, the EC have added the EUR250bn in loans. This means that the total value of the fund will reach EUR750bn, which is a...
One of the first economic effects of the coronavirus pandemic was a sharp decline in the prices of carbon dioxide emissions allowances. This is great news for Poland, because lower prices will allow Poland’s economy to save...
It is becoming increasingly clear that in the H2’20 there will be a significant shortage of agricultural products on the world market due to broken supply chains. Prices are expected to rise in the summer or autumn, but also...
The Ukrainian central bank (NBU) announced that its reserves had reached a record level. In February, it forecast that they could rise up to the USD32bn by the end of 2022. But the pandemic raises a question whether the NBU will...
In contrast to the global financial crisis, the objective of the current rescue measures is to support the enterprise sector. However, in the event of a protracted pandemic emergency the effects of the economic downturn will also...
The history of economics does not provide any knowledge about crises like the one we are going through now. But it can teach us how to act quickly and decisively, says Professor Todd Knoop, macroeconomist at the Cornell...
A return to business as usual seems to be the natural thing to do after the pandemic ends. But the world is currently acquiring new competencies which enable faster, cheaper, and more efficient operations, while also taking into...