Liberte World

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 [...]

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 [...]

In spring 2010 Greece, unable to pay the debt off, turned for help to the European Union and the International Monetary Fund and received 110 billion Euros in installments spread over 3 years. A year after the negotiations in Greece – instead of reforms –came hard times, and the country is still plunged into crisis [...]

Too much risk tolerated by the authorities, mistakes in the financial policy of the Federal Reserve and the politization of the real estate market have become easier by the policy of China, which invests current account surplus mainly, though not exclusively, in the bonds of the US government. While foreign countries notice a chance of [...]

In the world where the West becomes weaker and the East more powerful, Warsaw has to look for new allies. Can the world so different as Poland and China find a common language? I remember very well the day when I ‘discovered’ new, unknown China. It was September 1999. I was wandering through Liulichang, district [...]

There is a greater demand and supply for prophets, visionaries, specialists thinking about future and even journalists who let their imagination run free in times of higher uncertainty. We live in such times; no wonder that there is a plethora of various scenarios and forecasts. It also applies to economy. Many of them are not [...]

Today, when Poland is recovering after the crisis, when countries of Western Europe are falling into a spiral of debt, where there is a significant expenditure reduction, return of capitalism, which we deal with, is the most spectacular in the history.  I do not remember such a rapid recovery of free-market thinking about the economy [...]

Paweł Luty: Recently we have experienced a huge crisis between Belarus and Russia over natural gas. Belarus owed Gazprom millions of dollars. Minsk answered that Russians also had not settled their debt for the transit of LPG. Apart from the economic reasons, do you see any other source of the conflict? Przemysław Żurawski vel Grajewski: [...]

Jażdżewski, Żakowski, Sobolewski, Bochniarz, Winiecki, Rybiński, Gutkowski Leszek Jażdżewski: The greatest economic crisis of last thirty years seems to be over. But the example of Greece shows that the restitution will not be easy. The econimies of almost all of the developed countries are groaning under the weight of their debts. The public debt of [...]

It is always good to think in economic terms – even in the time of flood. It is always good to think economicallay – before the flood, after the flood and without the flood too. Upon the whole, if one thinks economically, they are usually flooded with interesting prospects. In concern that we all should [...]