Poland – Europe’s Golden Power
Professor Adam Glapiński, Governor of Narodowy Bank Polski: I would like to present to you the publication entitled, The Polish zloty and the independence of Narodowy Bank Polski as the foundations of economic development. The first part of this publication (The Polish zloty as the foundation of economic stability and development) focuses on the risk associated with adoption of the euro and the role that independent monetary policy and the floating zloty exchange rate play in maintaining macroeconomic stability. The second part (The independence of central banks as the foundation of price stability) addresses the importance of central bank independence in maintaining long-term price stability.
I hope that this book, based on NBP materials, will bring the subject of central bank independence and the importance of national currencies in wealth-building to a wider audience.
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This publication is a highly valuable addition to the Polish publishing market. It represents the highest level of expertise and is characterised by a very thorough treatment of the subject matter.
This comprehensive study provides an insightful analysis of the consequences of Poland’s accession to the euro area, along with a wide range of arguments that enable the reader to make a well-informed assessment of this economic decision.
Dr hab. Piotr Łasak, professor at Jagiellonian University
This book should be used as supplementary reading material at universities and can also support the teaching process in secondary schools. From the very beginning of his argument, the author consistently argues for maintaining the Polish zloty as the national currency, with its exchange rate based on a floating rate mechanism.
The book is an important contribution to the development of economics and finance.
Dr hab. Mariusz Andrzejewski, professor at Krakow University of Economics