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The Financial Stability Report prepared by Poland’s central bank, NBP, indicates that the Polish financial system is stable and that the level of risk has not changed significantly since the publication of the previous report.
The low fertility rate and increasing life expectancy are factors that should be taken into account in future monetary policy. We should therefore expect a decline in natural interest rates.
The economic policy leaders participating in the annual meetings of the IMF and the World Bank called on central banks to continue policies based on low interest rates.
We need a new model of economic growth to achieve the full convergence, says Zdeněk Tůma, the former governor of the Czech National Bank.
In a “new normal world” knowledge, human capital and R&D are sources of economic growth. FDI, productivity and EU funds are the elements of the past.
The analysis of the latest measures taken by the world’s major central banks show that they may be losing touch with reality.
Rapid devaluation of hryvnia, in spite of relatively stable macroeconomics, is a phenomenon puzzling Ukrainian economists. The IMF warns that deeper devaluation will lead to an increase in debt, which could leave the country on...
Over the next three years the heads of six governors central banks around the world will be replaced. Their successors will have face difficult challenges.
Prof. Adam Glapiński has been officially sworn in by a lower house of the Polish parliament.
Pessimism and/or realism and the decline of Europe, with all its possible consequences, were the main themes at the mBank-CASE (Center for Social and Economic analysis) seminar.