On the rate of exchange policy

Witold Koziński

Ekonomia journal, 2001, vol. 2

Abstract: The article contains a critical discussion of the presently applied rate of exchange policy consisting of the complete lack of control over the rate of exchange of the zloty. Its effect is either the weakening of the export ability of the Polish economy or the arousing of inflation leading to the increase of the interest rates. The new rate of exchange policy applied since 1998 did not solve the problems for which it was established overliquidity of the bank sector and the debt of Polish enterprises abroad. Beside the presently conducted policy of interest rates the rate of exchange policy is becoming a source of danger for the macroeconomic stability of the whole economy.

Date: 2001
References: Add references at CitEc
Citations:

Downloads: (external link)
http://ekonomia.wne.uw.edu.pl/ekonomia/getFile/397 (application/pdf)
no

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eko:ekoeko:2_10

Access Statistics for this article

More articles in Ekonomia journal from Faculty of Economic Sciences, University of Warsaw Contact information at EDIRC.
Bibliographic data for series maintained by ().