The process of privatizing Poland’s energy sector vs. the state’s financial influence Cover Image

Procesy prywatyzacyjne w sektorze energetycznym a finanse publiczne w Polsce
The process of privatizing Poland’s energy sector vs. the state’s financial influence

Author(s): Rafał Nagaj
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: energetics; privatization; economic crisis; state budget; public finance

Summary/Abstract: Since the 1990s there has been a gradual process of privatization of the energy sector in Poland. There are many reasons for ownership changes in Poland: the restructuring, the consolidating, the creation of competitiveness, the effective increase of privatizing state owned enterprises, and the investment activities of companies. Initially the process of privatizing the energy sector was slow. However, in the last three years i.e. 2008-2010 the process of privatization increased dramatically in Poland. It was a result of the fiscal needs of the government. The economic crisis, that has hit the global financial markets, has resulted in problems with public finances and the fiscal debt in Poland. The article shows the influence the state’s financial involvement has had on the process of privatizing the energy sector in Poland.

  • Issue Year: 2011
  • Issue No: 167
  • Page Range: 241-252
  • Page Count: 12
  • Language: Polish