Rola państwa w kształtowaniu stabilnego, efektywnego systemu finansowego

The article examines critically the role of the state in shaping a stable financial sys-tem, taking into account social, doctrinal and institutional factors. No well-functioning state institutions, with the prevailing neo-liberal dogma, is not conducive to the efficient development of the economy, leading to turbulence in the system. The dominant finan-cial sector exerts pressure on the real sphere of the system. Therefore, in this part of the system, state regulations that ensure efficient allocation of cash flows are particularly important.