Adam Czyzewski

Archives for Trade & Industry

China has spooked investors. What has been happening on financial markets for over a month, since the speculative bubble burst in Shanghai, is reminiscent of the onset of the great recession in 2008-2009, especially when coupled with the decline in crude oil prices, which is widely perceived as a harbinger of recession. The standard explanation… » read more

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Few economic phenomena attract as much attention in Poland as fuel prices. This is not surprising, considering that an average household owns at least one passenger car, and the share of fuels in total consumer spending has long surpassed 5%, which is more or less the same we spend on healthcare, appliances and running our… » read more

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The quarter’s end is a good time to confront what we had expected would happen on the oil and fuel markets with what actually happened. And this past quarter was certainly interesting in its diversity. During the quarter and after it ended, a number of developments took place that had a profound impact on the… » read more

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As it happened, I was unable to attend the lecture by Prof. Finn E. Kydland and Prof. Edward C. Prescott, entitled ‘The Poor Economic Performances in the EU and the US: Problems are Political, not Economic’, which took place on June 24th in Warsaw. I was in Sopot at that time, presenting the energy and… » read more

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Any strategy refers to specific external factors. In the case of oil companies, macroeconomic variables can include crude oil prices, product margins and the price of the US dollar. As changes in these variables have a strong effect on financial flows, assumptions about their future values are an important element of all business strategies. Since… » read more

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On February 28th 2015, I attended a very interesting event – the Polish Economic Forum. Held at the London School of Economics, the conference had been organised by Polish students of the LSE SU Polish Business Society, whose organising skills – in addition to the accompanying attractions – made the Forum a truly spectacular event.… » read more

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The Energy Union is still very much like a yeti. Though no one has seen it yet, it is already feared. But this is to be expected considering that the concept was born out of concern for security in the face of the escalating military conflict in eastern Ukraine. Poland was first to suggest a… » read more

Posted by adamczyzewski