Vol. 9 No. 1 (2023)

Recent times have observed an extraordinarily large number of shocks that shape economic systems worldwide. Nevertheless, it does not mean that questions raised in economic debate decades or centuries ago have lost their relevance. Just the contrary, they deserve even a more intensive scholarly interest against the backdrop of circumstances such as digitalisation, slowbalisation followed by the reverse of globalisation and climate change. What are the incidence and welfare consequences of tariffs? Under which conditions does the economy converge to the balanced growth path? What are the effective measures to mitigate negative external effects? Are financial markets efficient? Can privacy be considered as an economic good? The five papers included in the current issue of Economics and Business Review offer original contributions to answering these vital questions. They were written by six authors affiliated in Poland and the USA. The articles employ a variety of research approaches spanning from theoretical modelling to empirical studies utilizing primary as well as secondary data. Apart from the scholarly audience the research results may be useful for policy makers and practitioners. (Monika Banaszewska)