Some economic consequences of the COVID-19 pandemic may also be experienced long after it has ended. What long-term effects of COVID-19 could pose risks to the stability of the financial system in the future?
Behavioural inclinations of managers, often leading to management errors on a microeconomic level, can accumulate, causing at least ineffectiveness, if not serious disruptions in the economy on a macro scale, thinks Professor...
The Ancient Greeks were right on most issues, but unfortunately they did not know the concept of acceleration, or at least they did not possess the mathematical apparatus to formally describe it. Centuries had to pass before we...
In spite of another wave of the pandemic and the continued shutdown of many of the EU’s major economies, Poland’s return to its pre-pandemic GDP levels will already be possible in early 2022, Beata Javorcik, EBRD’s Chief...
NBP’s response to the challenges posed by COVID was agile, forceful, and added innovative elements to existing policy frameworks. Poland is well positioned for a strong recovery. 2021 should be much better than 2020 – says...
The recovery in Central Europe will be supported by a rebound in global trade and activity in the euro area, and by exceptional policy accommodation throughout 2021, including near-zero policy interest rates in Poland – says...
The policy response of Narodowy Bank Polski has been swift and large and effective in limiting the economic scarring effects of the pandemic – adequate liquidity provision remains critical in the short-term. The anti-crisis...
The world is frantically searching for ways to deal with the next wave of infections and to mitigate the economic impact of the pandemic, while also mobilizing resources to produce a vaccine that will allow us to return to a...
Authoritarian or quasi-authoritarian Asian states are handling the coronavirus pandemic better than the West. However, this does not automatically mean that Western democracy is weak — says Professor James A. Robinson, an...
Po pandemii naturalną rzeczą wydaje się powrót do rutynowych praktyk biznesowych. Ale świat biznesu właśnie zdobywa nowe kompetencje umożliwiające szybsze, efektywniejsze i tańsze działania, uwzględniające także...