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Wyświetlanie 1-15 z 71
Tytuł:
Ocena zmienionego wniosku dotyczącego decyzji Rady w sprawie systemu zasobów własnych Unii Europejskiej
Assessment of the amended proposal for a Council Decision on the System of Own Resources of the European Union
Autorzy:
Kulicki, Jacek
Szpringer, Zofia
Jaśkowski, Marek
Powiązania:
https://bibliotekanauki.pl/articles/2216020.pdf
Data publikacji:
2020
Wydawca:
Kancelaria Sejmu. Biuro Analiz Sejmowych
Tematy:
budget
budget deficit
coronavirus
European Union
Opis:
The purpose of the proposed decision is to raise the limit of the annual own resources in relation to the national income (GNI) of the EU Member States and to empower the Commission to borrow up to EUR 750 billion at 2018 prices on the capital markets on behalf of the EU. These borrowed funds would be dedicated solely to combating the consequences of the COVID-19 pandemic. According to the authors of the opinion, the proposal is valid and rational from the perspective of protection and development of the internal market as an important Community element and does not raise doubts as to its compliance with the principle of subsidiarity. Its compatibility with Article 310 TFEU may however be disputed.
Źródło:
Zeszyty Prawnicze BAS; 2020, 4(68); 122-133
1896-9852
2082-064X
Pojawia się w:
Zeszyty Prawnicze BAS
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Budget deficit-macroeconomic variables nexus in Kenya
Autorzy:
Philip, Doris Syombua
Powiązania:
https://bibliotekanauki.pl/articles/2027265.pdf
Data publikacji:
2021
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Budget deficit
Kenya
Selected macroeconomic variables
Opis:
Aim/purpose – The aim of this paper was to establish the nexus between a budget deficit and selected macroeconomic variables in Kenya. This adds to the existing literature while the methodology and choice of the econometric tools used improve the predictability of the link between a budget deficit and macroeconomic variables. The results are relevant to policy makers as they may help improve understanding of budget deficit management. Design/methodology/approach – The study used time series data for the period from 1976 to 2018 and employed the Vector Autoregression model reinforced by the Keynesian Mundell–Fleming framework. Findings – The impulse response function derived from the vector autoregression model revealed that shocks from both interest rate and exchange rate had a positive impact on budget deficit. External debt servicing and current account deficit shocks had a negative impact on the budget deficit. Research implications/limitations – Interest rate and exchange rate policies remain key in reducing the growth of the budget deficit. Policies on external debt servicing, such as timely payment of debts and prudent investment of borrowed funds, will also reduce the budget deficit. Originality/value/contribution – The study employed transmission mechanism which involves multiple equations to establish the nexus between a budget deficit and macroeconomic variables in Kenya.
Źródło:
Journal of Economics and Management; 2021, 43; 270-292
1732-1948
Pojawia się w:
Journal of Economics and Management
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
EVALUATION OF THE IMPACT OF FINANCIAL CRISIS ON THE CONDITION OF PUBLIC FINANCES IN POLAND (Ocena wplywu kryzysu finansowego na stan finansow publicznych w Polsce)
Autorzy:
Skica, Tomasz
Pater, Robert
Powiązania:
https://bibliotekanauki.pl/articles/599702.pdf
Data publikacji:
2010
Wydawca:
Wyższa Szkoła Informatyki i Zarządzania z siedzibą w Rzeszowie
Tematy:
BUDGET DEFICIT
PUBLIC FINANCE
PUBLIC FINANCE SECTOR DEFICIT
Opis:
The article is an attempt to diagnose the current condition of public finances in Poland. The authors have adopted the goal of analyzing the impact of financial crisis on the condition of domestic public finances, referring to the results of findings of indexes describing public finance in European Union countries. The article is a view of domestic comparisons of the current situation of public finances against the background of crisis that affected the economy of each of the EU countries. The article evaluates and examines the scale and the impact of the consequences of the crisis on the condition of public finances in Poland, pointing to threats that influence the stability of the financial system as an effect of abandonments to reform of public finances.
Źródło:
Finansowy Kwartalnik Internetowy e-Finanse; 2010, 6, 4; 36-50
1734-039X
Pojawia się w:
Finansowy Kwartalnik Internetowy e-Finanse
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Emerging Capitalism in Poland Challenges and Dilemmas
Autorzy:
Hausner, Jerzy
Powiązania:
https://bibliotekanauki.pl/articles/942396.pdf
Data publikacji:
2011
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
the public finance
public budget
budget deficit
macroeconomics
Opis:
This statement provides an account of an eventful period in the recent history of Polish social dialogue (2001-2005). The author shares his experiences and reflections from the time when he served as the Minister of Labour and the Deputy Prime Minister, as well as the head of the Tripartite Commission for Social and Economic Affairs. The statement heavily relies on the author's book 'Loops of development' (Pętle rozwoju) published in 2007. The author argues that while structural reforms are inevitable in societies in transition, such as Polish, they should be introduced with caution. The role of public institutions and their viability is also stressed out. As the author claims, social dialogue, albeit of undeniable value, is prone to serious deficiencies, especially, if it retains a specific corporatist profile (that is, supporting special interest groups), which was the case in Poland in the early 2000s.
Źródło:
Warsaw Forum of Economic Sociology; 2011, 2, 4; 77-95
2081-9633
Pojawia się w:
Warsaw Forum of Economic Sociology
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The System of Funding Operational Programmes in Poland. Implications for Public Finance
Autorzy:
Kłos, Agnieszka
Powiązania:
https://bibliotekanauki.pl/articles/942392.pdf
Data publikacji:
2011
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
financial frameworks
structural funds
public budget
budget deficit
Opis:
The paper explores the issue of funding the operational programmes effectuated in Poland based on the financial frameworks of the European Union for 2000-2006 and 2007-2013. The membership of Poland in the European Union provides an opportunity to receive additional funds, however the funds absorption also brings about costs. The author's aim is to evaluate the influence of the Polish systems of funding the operational programmes co-financed by the EU structural funds on the public finance. The systemic solutions implemented in Poland affect two basic macroeconomic parameters: public debt and budget deficit.
Źródło:
Warsaw Forum of Economic Sociology; 2011, 2, 4; 97-139
2081-9633
Pojawia się w:
Warsaw Forum of Economic Sociology
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Ewolucja badań nad zrównoważeniem finansów publicznych
Autorzy:
Janikowski, Łukasz
Powiązania:
https://bibliotekanauki.pl/articles/630399.pdf
Data publikacji:
2018
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
sustainability, public finance, public debt, budget deficit
Opis:
From the 1980s onwards, in developed countries (and not only) we observe an upward trend in the ratio of public debt to GDP. In many countries public debt has exceeded GDP, and in the world's most indebted country – Japan – has exceeded 250% of GDP and continues to grow rapidly. These figures raise concerns among economists and emerge questions about whether public finances in these countries are on a sustainable path. In order to answer these questions, the criteria for assessing the sustainability of public finances need to be specified. This problem was already investigated by classical economists, but the definition and the formal conditions for a balanced fiscal policy have been specified by economists almost two centuries later. The aim of this article is to present the evolution of theoretical research on the problem of sustainability of public finances
Źródło:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace; 2018, 1; 45-61
2082-0976
Pojawia się w:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Opinia na temat decyzji Komisji w sprawie wszczęcia, na podstawie rozporządzenia Parlamentu Europejskiego i Rady (UE) nr 1173/2011 w sprawie skutecznego egzekwowania nadzoru budżetowego w strefie euro, postępowania wyjaśniającego związanego z manipulowaniem danymi statystycznymi w Austrii
Opinion on the Commission Decision on the launch of an investigation related to the manipulation of statistics in Austria as referred to in Regulation (EU) No 1173/2011 of the European Parliament and of the Council on the effective enforcement of budgetary surveillance in the euro area (C(2016) 2633 final)
Autorzy:
Łacny, Justyna
Szpringer, Zofia
Powiązania:
https://bibliotekanauki.pl/articles/2216659.pdf
Data publikacji:
2016
Wydawca:
Kancelaria Sejmu. Biuro Analiz Sejmowych
Tematy:
Austria
budget deficit
debt
Statistics
European Union
Opis:
The European Commission expresses doubts as to the authenticity of the general government deficit and debt data provided to Eurostat by of Austria. The proceedings launched on its basis may result in improving the quality of statistical data on budget indicators in Member States. The document can also provide the basis for reflection for the Polish authorities regarding the need for strengthened control over local finance.
Źródło:
Zeszyty Prawnicze BAS; 2016, 3(51); 91-98
1896-9852
2082-064X
Pojawia się w:
Zeszyty Prawnicze BAS
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Opinia na temat budżetowych kryteriów konwergencji sformułowanych w Pakcie na rzecz stabilności i wzrostu oraz w pakcie fiskalnym
Opinion on the budgetary convergence criteria under the Stability and Growth Pact and the Fiscal Compact
Autorzy:
Łacny, Justyna
Szpringer, Zofia
Powiązania:
https://bibliotekanauki.pl/articles/11855281.pdf
Data publikacji:
2013
Wydawca:
Kancelaria Sejmu. Biuro Analiz Sejmowych
Tematy:
budget deficit
debt
fiscal compact
European Union
Opis:
The aim of the opinion is to answer the question whether the criteria of economic convergence relating to the condition of public finances in the member states, specified in both the Stability and Growth Pact (SGP) and the Fiscal Compact (formally, the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union) are identical or not. The EU member states participating in the European Monetary Union (EMU), and using the euro as their currency, as well as those member states which intend to join the EMU need to meet the convergence criteria (also known as Maastricht criteria). These include legal criteria related to independence of their national central banks, and economic criteria related to stability of prices, situation of public finances, currency exchange rates and long-term inter‑ est rates. The authors conclude that the reference values specified in the Stability and Growth Pact and in the Fiscal Compact are identical.
Źródło:
Zeszyty Prawnicze BAS; 2013, 2(38); 131-139
1896-9852
2082-064X
Pojawia się w:
Zeszyty Prawnicze BAS
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The reasons of high values of stock-flow adjustment – the conclusions from case studies
Autorzy:
Piątkowski, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/2125555.pdf
Data publikacji:
2019
Wydawca:
Uniwersytet w Białymstoku. Wydawnictwo Uniwersytetu w Białymstoku
Tematy:
stock-flow adjustment
public debt
budget deficit
Opis:
Purpose – The paper presents the analysis of the situations of high values of SFA observed in European Union countries during the years 2002-2017. They were assessed in terms of their specific character as well as due to their frequency and the reasons of their occurrence. The analysis aimed at isolating those economic factors that create the risk of the occurrence of high SFA levels and thus contribute to the increase of public debt to a considerably larger degree than the budget deficit would imply. Research method – The analysis is based on Eurostat data concerning the values of SFA for European Union countries. In the years 2002-2017 it comprised 431 observations. They have been analyzed in terms of the average values (both nominal and absolute), the share of positive and negative values and the frequency of the occurrence of high values in general and in particular countries. Subsequently, using case study methodology the Author analyzed the situation of countries with considerable shares of high values of SFA. Results – The analysis has shown that high values of SFA are most frequently the effect of state interventions during economic crises. In most countries the increase of SFA values was temporary (e.g. in Ireland). The second reason is the risk of bankruptcy. Such patterns were observed in Greece and Cyprus. While in Cyprus the increase of SFA values was only temporary, in Greece the position still remains difficult. The third reason of an increase in SFA values lies in the investments made by pension system institutions. Such situations took place, among others, in Finland and Luxembourg. Originality / value – The added value of the paper is connected with the case studies of countries with particularly high values of SFA. They were selected on the basis of data comprising 16 years and in total there were 431 observations for 28 countries of the European Union.
Źródło:
Optimum. Economic Studies; 2019, 4(98); 84-96
1506-7637
Pojawia się w:
Optimum. Economic Studies
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Proces doskonalenia oceny równowagi budżetowej w Unii Gospodarczej i Walutowej
Autorzy:
Giżyński, Juliusz
Wierzba, Ryszard
Powiązania:
https://bibliotekanauki.pl/articles/630072.pdf
Data publikacji:
2015
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
EMU, government budget balance, government budget deficit, fiscal rules
Opis:
Fiscal discipline is one of fundamental requirements of the Economic and MonetaryUnion as specified in the provisions of the Maastricht Treaty (1992) and laterelaborated on in the Stability and Growth Pact (1997). EMU Member States fromthe beginning had serious difficulties in adhering to the fiscal rules, which ledto the first reform of the SGP in 2005 resulting in more flexible fiscal rules. Despitegood economic situation, EMU’s economies still had budget deficits which furtherincreased with the global financial crisis causing government debts to soar overacceptable limits. In due time, two further reforms of SGP were enacted, in 2011and 2013, introducing new indicators and improvements in the assessment of thegovernment budget balance in the euro area. Nevertheless, enforcement of newrules still will depend on EMU governments political will.
Źródło:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace; 2015, 3, 4; 13-26
2082-0976
Pojawia się w:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Role of Commercial Banks in Financing Debt of Local Government Units
Autorzy:
Żabka, Adam
Hoza, Beata
Powiązania:
https://bibliotekanauki.pl/articles/2034609.pdf
Data publikacji:
2019-07-31
Wydawca:
Wyższa Szkoła Finansów i Prawa w Bielsku-Białej
Tematy:
budget deficit
bank credit
bank loan
municipal bonds
Opis:
The authors of the paper present the results of their research in the structure of resources used to cover financial deficit of institutions of public finance sector on central and local level. The authors also evaluate the consequences triggered by application of different methods of financing. The aim of the paper is to analyse the reasons of low activity of local government units in obtaining financial resources directly from the capital market as compared to the State Treasury and commercial enterprises. By means of tools used in comparative analysis the authors juxtapose the most important parameters of primary and secondary markets of long-term debt securities issued by local government units, the State Treasury and commercial enterprises.
Źródło:
Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej; 2019, 2; 56-60
2084-1809
Pojawia się w:
Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
ŹRÓDŁA FINANSOWANIA DEFICYTU BUDŻETOWEGO W SAMORZĄDZIE LOKALNYM
THE SOURCES OF FINANCING THE BUDGET DEFICIT INLOCAL GOVERNMENT
Autorzy:
Grzebielucha, Martyna
Giżyński, Juliusz
Powiązania:
https://bibliotekanauki.pl/articles/441779.pdf
Data publikacji:
2016
Wydawca:
Sopocka Akademia Nauk Stosowanych
Tematy:
local finance
budget deficit
finanse samorządowe
deficyt budżetowy
Opis:
Sposoby finansowania deficytu budżetowego w jednostkach samorządu terytorialnego podlegają reglamentacji prawnej. Ustawa o finansach publicznych zawiera zamknięty katalog możliwych źródeł. Przychody uzyskiwane z tych źródeł mają zróżnicowany charakter. W większości są to środki zwrotne. Zaliczamy do nich kredyty, pożyczki oraz wpływy z emisji papierów wartościowych. Natomiast nadwyżki z lat ubiegłych i wpływy z prywatyzacji majątku powyższych jednostek należą do własnych źródeł finansowania deficytu budżetowego. Należy podkreślić, iż podstawowymi źródłami finansowania deficytu są pożyczki i kredyty oraz środki z emisji obligacji komunalnych. W praktyce występują również przypadki finansowania deficytu ze źródeł nieprzewidzianych w ustawie o finansach publicznych, np. ze środków pieniężnych z rachunku sum depozytowych, z zakładowego funduszu świadczeń socjalnych bądź z części oświatowej subwencji ogólnej.
Ways of financing budget deficit in local government units stem from the law. The Public Finance Act contains closed catalogue of possible financing sources. The revenues stemming from them have different character. They are mostly repayable funds. These include credits, loans and issuing securities. However, the excesses of funds from previous years and the privatization receipts from the above mentioned units are the own sources of financing budget deficit. It should be underlined that the basic sources of financing deficit are loans, credits and issuing municipal bonds. In practice there are also examples of financing local government deficits from other sources, not listed in the Public Finance Act, e.g. from the amount on deposit accounts, from the Company Social Benefits Fund or educational part of the general subsidy.
Źródło:
Przestrzeń, Ekonomia, Społeczeństwo; 2016, 9/I; 147-161
2299-1263
2353-0987
Pojawia się w:
Przestrzeń, Ekonomia, Społeczeństwo
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
How Budget Deficit Impairs Long-Term Growth and Welfare under Perfect Capital Mobility
Autorzy:
Konopczyński, Michał
Powiązania:
https://bibliotekanauki.pl/articles/2076617.pdf
Data publikacji:
2014
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
budget deficit
optimal fiscal policy
perfect capital mobility
Opis:
This paper investigates the implications of the size of budget deficit in the open economy under perfect mobility of capital. For that purpose we construct a general equilibrium model with consumers maximizing the discounted utility of consumption, and firms maximizing profits. Government sets the size of the deficit relative to GDP and controls the structure of public debt. Using standard methods of optimal control theory we solve the model, i.e. we find explicit formulas for all trajectories and the level of welfare. Finally, we show that the higher the deficit-to-GDP ratio, the lower the welfare of consumers. Similarly, welfare increases with the share of foreign creditors in public debt.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2014, 3; 129-152
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Geneza i skutki kryzysu finansów publicznych w Grecji
The Origin and Implications of Greece’s Public Finance Crisis
Autorzy:
Baran, Bernadeta
Powiązania:
https://bibliotekanauki.pl/articles/574279.pdf
Data publikacji:
2011-06-30
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
Greece
crisis
public finance
budget deficit
public debt
Opis:
The article traces the development of the budgetary situation in Greece since the early 1990s and aims to identify the main causes behind the public finance crisis in this country that began in 2009 and continued in 2010. The author discusses the most important implications of the crisis for the functioning of the euro area. The period covered by the analysis was divided into several subperiods: the period of 1990-1995, which saw the continuation of an expansionary fiscal policy initiated in the 1980s; the period directly preceding the country’s entry into the euro zone Jan. 1, 2001, marked by an improvement in Greece’s budgetary performance; the years after Greece’s entry into the euro zone and the return of the fiscal expansion policy; and the period when the country was forced to launch budgetary reforms. Greece’s current public finance problems are not only a direct effect of the global financial crisis, but also an outcome of domestic factors, which led to persistent economic problems in the country, including the loss of financial stability and decreased competitiveness. The following factors generate high budgetary expenditures and limit revenue in Greece (consequently leading to a high budget deficit and an escalation in public debt): low administrative efficiency, high operating costs of the public sector (high employment and a high level of wages in the public sector), excessive social spending, an inefficient pension system, an overregulated labor market and excessive regulation on markets for goods and services. Greece’s public finance crisis was therefore primarily provoked by structural problems that were evident still before the country joined the euro area and that have not been resolved since then. According to Baran, Greece met the budget deficit criterion for adopting the single European currency only because the country’s government artificially increased its revenues and resorted to statistical manipulation. Meanwhile, budget expenditures increased steadily, Baran notes, and an interest rate cut after the country’s euro-zone entry enabled public borrowing at a lower cost as internal problems accumulated due to abandoned reforms. The result was an explosion of the budget deficit and public debt in 2009. Fellow EU countries have decided to provide financial aid to Greece to maintain the stability of the euro and avoid a situation in which Greece’s problems would spill over to other member states, the author says. According to Baran, Greece is struggling with what is the most serious public finance crisis in this country since it joined the euro zone and adopted the single European currency in 2001. The country’s unresolved structural problems are the fundamental issue that underlies the crisis. Greece scores poorly in terms of competition and product market liberalization. The Greek economy has a low level of competitiveness due to labor market problems, an inefficient social security system and excessive public-sector employment. As a result, the government in Greece collects insufficient revenue and has high public expenditures, Baran notes. Fiscal consolidation has been based on higher revenues and lower interest payments since the mid-1990s. Despite powerful arguments for a radical domestic adjustment, all reforms have been marked by controversy and conflict between the government and its social partners.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2011, 248, 5-6; 49-67
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Analiza deficytu sektora finansów publicznych w Polsce w latach 2007-2012
Autorzy:
Budzyński, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/610374.pdf
Data publikacji:
2014
Wydawca:
Uniwersytet Marii Curie-Skłodowskiej. Wydawnictwo Uniwersytetu Marii Curie-Skłodowskiej
Tematy:
public finances
budget deficit
finanse publiczne
deficyt budżetowy
Opis:
The major problem of public finance system in Poland is the deficit of general government. Al- though budget imbalance is not a new case, the deficit has deepened, especially in 2009–2010. Poland has implemented partly successful fiscal consolidation, which is not aimed at promoting a growth- friendly approach to consolidation design. The fiscal consolidation is the spending based adjustment.
Artykuł nie zawiera abstraktu w języku polskim
Źródło:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia; 2014, 48, 1
0459-9586
Pojawia się w:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia
Dostawca treści:
Biblioteka Nauki
Artykuł
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