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Juraj Karpis

ABOUT Juraj Karpis
Analyst at the INESS. He is a co-founder of INESS and a member since its inception. He graduated from the Faculty of Management of Comenius University in Bratislava with a specialization in financial management. Before joining INESS, he was employed in commercial financial institutions abroad and in Slovakia. At INESS, he is in charge of healthcare, monetary policy and the euro. As part of his long-term specialization in the functioning of the financial system, he closely followed and commented on crisis events, thereby contributing to economic education in Slovakia. The magazine .týždeň named him the personality of the year 2011. In 2015, he published an economic bestseller "Bad Money - a Guide to the Crisis". He is a member of the Economic Analysts Club
Starting New Life (in Slovakia) with Coronavirus
Society
Starting New Life (in Slovakia) with Coronavirus
BY Juraj Karpis AND INESS / April 13, 2020
Slovakia is not Wuhan. Slovakia is not even Bratislava alone. The optimal solution for the capital is different from the one for Pribylina (a small village in Slovakia). Closing a country like ours, where half of the population lives in the countryside, is a comfortable waiver of responsibility by those in charge.
Macron’s Agenda: A Common Market with Borders
Economy
Macron’s Agenda: A Common Market with Borders
BY Juraj Karpis AND INESS / October 2, 2017
French President Emmanuel Macron has embarked on a mission to Central and Eastern Europe with a strange idea. He lobbies for a directive to shorten the stay and to increase the salaries of our posted workers, from the minimum wage level, to salaries equal up to the level of French or German employees in the sector.
Tom the Cat, Chinese Poultry Houses, and Bad Money
Economy
Tom the Cat, Chinese Poultry Houses, and Bad Money
BY Juraj Karpis AND INESS / June 19, 2017
Many other Western entertainment producers have also found their new homes in Chinese industrial enterprises. The movie studio which produced the Dark Knight trilogy was bought by a real estate magnate from Beijing for $3.5 billion. Since 2015, up to 70% of acquisitions of gaming companies reportedly have a Chinese buyer.
He Really Did Jump!
Economy
He Really Did Jump!
BY Juraj Karpis AND INESS / July 24, 2016
This is what my brother reportedly said right after I left the airplane on the paragliding course. The UK referendum was a similar surprise. It could have been expected, nevertheless I did not expect it. Supposedly, you cannot even slow down when riding the integration bicycle.
Robots To Take Our Jobs
Economy
Robots To Take Our Jobs
BY Juraj Karpis AND INESS / February 8, 2016
A robot called Baxter truly exists. It takes him one hour to learn simple repetitive movements and then it is able to repeat them with objects which weight no more than 10 kilograms. Baxter costs 22 thousand US dollars. It is less than work costs of one employee with average salary in Slovakia for two years.
Iceland’s Bank Revolution
Economy
Iceland’s Bank Revolution
BY Juraj Karpis / May 28, 2015
Iceland does not have much chance to go wrong. The current system is sufficiently large a disaster to require trying something else. They experienced capital controls, hyperinflation and there are financial crisis on average every 15 years. The currency suffers from chronic degradation. It would be nice to take a chance on an experiment in a country where the changes of a poorly performing financial system cannot be impeded by too powerful bankers and politicians.
Social Progress – Doing It the German Way
Economy
Social Progress – Doing It the German Way
BY Juraj Karpis / October 31, 2014
With Germany at long last imposing a nation-wide wage floor, the country’s slowly conforming to the rest of Europe. Come the crisis and the erstwhile ‘Sick Man of Europe’ became the continent’s economic valedictorian. Extremely low (for European standards) unemployment rate cemented the make-believe caprice that it would work.
Deflation is Evil!
Economy
Deflation is Evil!
BY Juraj Karpis / April 10, 2014
Perceiving deflation through the prism of an unmitigated disaster is today as unassailable as motherhood. Over the course of the past week, three different media outlets asked three INESS analysts to give their take on the “perils” of falling prices for the European economy.
Modern Jánošíks – Fiat Euro! 33/2012
Economy, Politics
Modern Jánošíks – Fiat Euro! 33/2012
BY Juraj Karpis / August 23, 2012
Jánošík wasn’t Polish, he was Spanish! Two registered transactions at the commercial real estate markets in Italy in the second quarter. Did Angela soften after holidays? How Danica invests. Do you have peas in the freezer? And euros? When the children don’t want to leave home…  New hero in Spain is emerging. Spanish Jánošík. Juan […]