No. 347 The national currency as a driver of Poland’s economic growth
Bulletin of the Institute for Western Affairs (No. 347/2018), Eryk Łon, “The national currency as a driver of Poland’s economic growth”.
The year 2018 will mark the 100th anniversary of Poland’s regaining of independence. In today’s world, the sovereignty of individual states is constrained by a range of international regulations. It is worth noting here that the Polish constitution protects Poland’s right to pursue its own monetary policy. Undoubtedly, art. 227 of the Polish constitution forms a safeguard that prevents Poland from joining the euro-zone. However, a number of other reasons can be named that make it worthwhile to protect the national currency.
This article is part of Special Bulletin Series of the Institute for Western Affairs titled “The euro - opportunities and threats”. The analyses and opinions featured therein concern the functioning of the Economic and Monetary Union, its possible transformations and the consequences of Poland’s possible adoption of the single currency and of remaining outside of the eurozone. In its subsequent issues, the Bulletin will shed light on the above issues from a variety of perspectives.