Author: Zbigniew Polański

Inflation has become a serious problem in the global economy affected by the COVID-19 pandemic and the Russia-Ukraine war, which has limited the supply of energy resources. The article by Professor Zbigniew Polański published in “Ekonomista” (No. 6) in 1987 contains analysis of the concepts of inflation created by Polish economists, primarily in the period…

On 1 July 1944, a monetary and financial conference began at a hotel in Bretton Woods, New Hampshire (USA), attended by representatives of 44 allied countries. The result of the conference included the creation of the International Monetary Fund (IMF), whose main task was to stabilise the exchange rates of national currencies. The main architect…