Controversies Concerning Action of the State in the Public Debt Cover Image

Kontrowersje dotyczące działań państwa w zakresie długu publicznego
Controversies Concerning Action of the State in the Public Debt

Author(s): Kazimierz Górka, Marcin Łuszczyk
Subject(s): Economy, Recent History (1900 till today), Economic policy, Government/Political systems, Public Finances, Socio-Economic Research
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: public finance; public debt; general government debt;

Summary/Abstract: Even though the state of the public finance in Poland in final years deteriorated distinctly, this lasting economic weakness still requires applying by the state the economic active policy. Its consequence are action based on more formal ensuing from the duty of keeping the public debt on the statutory level than public debts causing real stability. According to the authors, steps taken for that purpose prove, that issue of keeping the safest level of the public debt permanently wasn’t solved yet. Actions causing an real upturn in the economy and of the public finance are more essential, rather than only of a doubtful effectiveness operations consisting in the reduction in the open debt with cost of future generations. A consistent aspiration to the fulfillment of the convergence criteria and accepting euro currency is a reliable solution in the upcoming future. One should also pay attention to the effectiveness and the rate taking advantages of EU resources.

  • Issue Year: 29/2014
  • Issue No: 03 (2)
  • Page Range: 165-175
  • Page Count: 11
  • Language: Polish