A flexible exchange rate allows to tap into the potential of domestic demand in times of crisis – a paper by Stefan Kawalec and Ernest Pytlarczyk
A paper “The possibility to tap into the potential of domestic demand as a key benefit of currency depreciation in the face of a negative shock” by Stefan Kawalec (President of Capital Strategy) and Ernest Pytlarczyk (Chief Economist of Bank Pekao S.A.) was presented at the 3rd Prof. Jan Winiecki Scientific Conference “Economic Shocks, Resilience and Institutions”, May 23-24, 2024, at European University Viadrina, Frankfurt (Oder), Germany.