Browse

Background: Services create most of employment and value added in modern economies and via delivering key intermediate inputs to other sectors they enhance industrial performance and boost economic growth. The significance of international trade in services is systemically growing together with development of ICT technologies. Although Poland's share in global trade in services is rather small (1.01% in exports and 0.72% in imports in 2016) this sector is important for the Polish economy. In 2016, Poland's service...

For many years, Germany has been distinguished by a large surplus on the current account which has now reached almost 8% of the country's GDP. Since 2016, this surplus is the largest in the world and contributes to longstanding global trade and investment asymmetries as well as serious macroeconomic imbalances within the euro area. The main purpose of this study is to analyse the state of Germany's current account in 2000-2017 in order to identify and systemize the most important factors affecting the current acco...