General government sector debt and economic growth in the context of sustainable public finances Cover Image

Zadłużenie sektora general government a wzrost gospodarczy w kontekście zrównoważonych finansów publicznych
General government sector debt and economic growth in the context of sustainable public finances

Author(s): Joanna Stawska
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: fiscal policy; public debt; budget deficit; general government

Summary/Abstract: The article aims to highlight the importance of the size of public finance debt in the context of sustainable public finances in Poland and the European Union. To achieve this objective, the following methods were used: a literature review, statistical research methods and graphical presentation of phenomena. The study analyzes the impact of public debt on the economic growth in terms of the fiscal rules and the financial crisis. The results of the analysis indicate the importance of the size of public finance debt in relation to GDP in Poland and in the EU in the years 2006-2015. It is worth noting that, in particular, the period of the last financial and economic crisis highlighted the importance of sustainable public finances for the economic development.

  • Issue Year: 2016
  • Issue No: 437
  • Page Range: 426-435
  • Page Count: 10
  • Language: Polish