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„Buy French!” … and a look at the causes of stagnation

„Buy French!” … and a look at the causes of stagnation

Written by: in: Economy

Nicolas Sarkozy, coming into the home straight of the presidential campaign, is urging the French to spend their money on locally manufactured goods. His rival, Francois Hollande, also spoke in similar vein recently, albeit in a less nationalistic tone. But in essence they are both saying the same thing – that Europe must protect its markets both by encouraging […]

Positive effects of the crisis

Positive effects of the crisis

Written by: in: Economy

The economic slowdown that currently takes place in Poland has also some advantages, as it is the time when more traditional strategies work, all hooray-optimistic plans will fall apart and when the 100% mark-up has to be reduced. Fortunately, what we deal with in Poland is only an economic slowdown and not the recession, such […]

War dances around shales

War dances around shales

Written by: in: Economy

Judging from various statements and behaviors, politicians – and not just them! – sometimes think of Poland as of Kuwait – the country of rentiers, living on “manna falling from heaven” (or rather from the depths of the earth). You can understand them. What a wonderful prospect! You can always promise what social problems will […]

Shale, shale

Shale, shale

Written by: in: Economy

It is tempting to envision Poland as a shale gas Eldorado. If the prognoses about the amount and accessibility of shale gas prove to be accurate, it is great news, and a promise of the enormous profits, or even a hope for our country to change its position on a geopolitical chart of Europe. Becoming […]

Has the crisis in the USA come to an end?

Has the crisis in the USA come to an end?

Written by: in: Economy

Recent data on American economy may give some cause for optimism. The employment increased at 243,000 in the non-agricultural sector and 257,000 in the private sector. It proves undoubtedly the upturn in the job market. Taking into consideration that the situation has not changed for months, we may be optimistic about American economy. Although the […]

Reimbursement revolution

Reimbursement revolution

Written by: in: Economy

Unfortunately, the leitmotiv of many changes against patient and competition enclosed in the Reimbursement Act is shifting the reimbursement costs onto patients or eliminating competitiveness in the drug circulation market. The most offending thing about those changes are politicians who claim to protect patient’s best interest while the new law has nothing to do with […]

Europe on its last legs

Europe on its last legs

Written by: in: Economy

Europe is in crisis. Not for the  first  and not for the last time. The only reasonable solution is to integrate more. Contrary to what one could have expected,  supporters of the option of enhanced integration are anything but scant. Not so long ago, it seemed that the worst was over. More cautious commentators warned […]

A Wish List for 2012

A Wish List for 2012

Written by: in: Economy

During the last day of 2011, just when the fact that GDP has not been exceeded by 55% was being hailed as one of the year’s triumphs, I tweeted my wish list for 2012. To sum up it was for the euro zone to stay intact, for the government to keep its promises, for investments […]

Healthy people of Europe

Healthy people of Europe

Written by: in: Economy

Growing compatibility of Polish and German economies is an argument for closer co-operation for financial discipline and stronger economic integration of the European Union. ‘Polnische Wirtschaft’ – this cluster of words has never sounded flattering in German mouth. In the colloquial language of our western neighbours Polish economy was for a long time a symbol […]

Future of euro is rather political than economic matter

Future of euro is rather political than economic matter

Written by: in: Economy

The history of the ancient common currency shows that everything depends on politics, not the economy. For example, Latin and Scandinavian monetary unions collapsed, because of the cessation of unrestricted flow of gold between the forming countries at the outbreak of World War I; also the Austro-Hungarian and succeeding Czechoslovak crown disappeared along with the […]

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