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Thinking beyond the pandemic: Monetary policy challenges in the medium- to long-term

Dabrowski, Marek - 2021

The economic characteristics of the COVID-19 crisis differ from those of previous crises. It is a combination of demand- and supply-side constraints which led to the formation of a monetary overhang that will be unfrozen once the pandemic ends. Monetary policy must take this effect into...

Persistent link: https://www.econbiz.de/10013270945

Macroeconomic and fiscal challenges faced by the Southern and Eastern Mediterranean region

Dabrowski, Marek - 2014

The current fiscal imbalances and fragilities in the Southern and Eastern Mediterranean countries (SEMC) are the result of decades of instability, but have become more visible since 2008, when a combination of adverse economic and political shocks (the global and European financial crises, Arab...

Persistent link: https://www.econbiz.de/10011430924

The economic and monetary union: Past, present and future

Dabrowski, Marek - 2019

Central Bank has been successful in keeping inflation at a low level. However, the European debt and financial crisis in the …

Persistent link: https://www.econbiz.de/10012387274

Virtual currencies and their potential impact on financial markets and monetary policy

Dabrowski, Marek; Janikowski, Lukasz - 2018

Virtual currencies are a contemporary form of private money. Thanks to their technological properties, their global transaction networks are relatively safe, transparent, and fast. This gives them good prospects for further development. However, they remain unlikely to challenge the dominant...

Persistent link: https://www.econbiz.de/10012387272

Fiscal and monetary policy determinants of the Eurozone crisis and its resolution

Dabrowski, Marek - 2012

Unlike the crisis years of 2007-2009 (when the insolvency of large banks was a major problem), the current round of the global financial crisis has fiscal origins. Almost all developed countries suffer from an excessive public debt burden that has been built up over the last two decades or more....

Persistent link: https://www.econbiz.de/10011430901

Economic recovery and inflation

Dabrowski, Marek - 2018

In the last decade, advanced economies, including the euro area, experienced deflationary pressures caused by the global financial crisis of 2007-2009 and the anti-crisis policies that followed - in particular, the new financial regulations (which led to a deep decline in the money multiplier)....

Persistent link: https://www.econbiz.de/10011859175

Does low inflation pose a risk to economic growth and central banks reputation?

Dabrowski, Marek - 2020

Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …

Persistent link: https://www.econbiz.de/10013270942

The global financial crisis: Lessons for European Integration

Dabrowski, Marek - 2009

The purpose of this paper is to analyze the various challenges facing European integration and the EU institutional architecture as result of the global financial crisis. The European integration process is not yet complete, both in terms of its content and geographical coverage. It can be...

Persistent link: https://www.econbiz.de/10011430830