International Situation Cover Image

Uwarunkowania międzynarodowe
International Situation

Author(s): Sylwia Zajączkowska-Jakimiak
Subject(s): Economy
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: recession; global economic recovery; mutualization of debt; the ECB policy; banks union

Summary/Abstract: The dynamics of global economy has decreased and its further prospects are weak. The EU economies are in a state of a moderate recession. Current anti-crisis measures have short-term character and in the long perspective may prove ineffective. The EU countries face a challenge of mutualization of debt and banking system problems, and of finding the balance between fiscal discipline and measures for economic recovery. The downturn in the EU economy has worsened Polish export prospects. The current stage of Euro zone crisis and attempts undertaken to resolve it have increased interest in Polish securities. In effect, the share of foreign debt in total debt has risen.

  • Issue Year: 2012
  • Issue No: 21
  • Page Range: 50-56
  • Page Count: 7
  • Language: Polish