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Growth is no longer enough. The economy enters the era of costs that come back

Published
March 18, 2026
Growth is no longer enough. The economy enters the era of costs that come back

For years, one thing mattered: the rate of growth. Today, the key question is — at what cost the economy is growing and whether this growth can be sustained. Agata Filipowicz-Rybicka, Chief Economist of Alior Bank, explains why “sustainable development” has ceased to be a fashionable addition and has become a hard economy of risk, energy and capital.

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