Alojzy Z. Nowak is Professor of Economics and Vice-Rector of the University of Warsaw, Poland. He was a Dean of Faculty of Management, University of Warsaw, Director of the European Centre, Chair of Banking and Insurance at Kozminski University in Warsaw and Chairman of the Research Board of the National Bank of Poland.

• Contents: Alojzy Z. Nowak: Globalisation as a Macroeconomic Megatrend – Patrick O’Sullivan: The Role of Failures of Morality in the Financial Crisis in Europe: Diagnosis and Implications – Alojzy Z. Nowak/Kazimierz Ryć: Crises and World Economy Financialisation – Alojzy Z. Nowak: Crisis and Innovation – Grzegorz Tchorek: How to Fix the Euro Area? Poison and Remedy: The Roots of the Crisis and New Institutional Solutions – Alojzy Z. Nowak/Kazimierz Ryć/Yochanan Shachmurove: Economic Policy After the Financial Crisis – Alojzy. Z. Nowak/Kazimierz Ryć: Capability of Convergence as Imperative for Euro Area Persistence – Alojzy Z. Nowak/Kazimierz Ryć: Euro or Zloty?

Alojzy Z. Nowak is Professor of Economics and Vice-Rector of the University of Warsaw, Poland. He was a Dean of Faculty of Management, University of Warsaw, Director of the European Centre, Chair of Banking and Insurance at Kozminski University in Warsaw and Chairman of the Research Board of the National Bank of Poland.

• Contents: Alojzy Z. Nowak: Globalisation as a Macroeconomic Megatrend – Patrick O’Sullivan: The Role of Failures of Morality in the Financial Crisis in Europe: Diagnosis and Implications – Alojzy Z. Nowak/Kazimierz Ryć: Crises and World Economy Financialisation – Alojzy Z. Nowak: Crisis and Innovation – Grzegorz Tchorek: How to Fix the Euro Area? Poison and Remedy: The Roots of the Crisis and New Institutional Solutions – Alojzy Z. Nowak/Kazimierz Ryć/Yochanan Shachmurove: Economic Policy After the Financial Crisis – Alojzy. Z. Nowak/Kazimierz Ryć: Capability of Convergence as Imperative for Euro Area Persistence – Alojzy Z. Nowak/Kazimierz Ryć: Euro or Zloty?