ACTIVATING INTERVENTIONIST MONETARY POLICY OF THE EUROPEAN CENTRAL BANK IN THE CONTEXT OF THE SECURITY OF THE EUROPEAN FINANCIAL SYSTEM Cover Image

AKTYWIZACYJNA INTERWENCJONISTYCZNA POLITYKA PIENIĘŻNA EUROPEJSKIEGO BANKU CENTRALNEGO W KONTEKŚCIE BEZPIECZEŃSTWA EUROPEJSKIEGO SYSTEMU FINANSOWEGO
ACTIVATING INTERVENTIONIST MONETARY POLICY OF THE EUROPEAN CENTRAL BANK IN THE CONTEXT OF THE SECURITY OF THE EUROPEAN FINANCIAL SYSTEM

Author(s): Sylwia Gwoździewicz, Dariusz Prokopowicz, Daniel Szybowski
Subject(s): Law, Constitution, Jurisprudence, National Economy, Financial Markets
Published by: Międzynarodowy Instytut Innowacji "Nauka - Edukacja - Rozwój"
Keywords: law; law end financial system; central banking; economic security; government intervention; monetary policy; economic conditions; the financial crisis; the European Central Bank

Summary/Abstract: The development of market financial system in Poland was determined to a large extent, globally operating processes of the situation on the financial markets and the processes of adaptation to the normative standards and technological European Union. As part of anti-crisis measures leading central banks, Anglo-Saxon and European financial system have launched a high-budget system, interventionist assistance programs. Finally, the cost of rescuing the financial system was thrown to the proverbial John Doe ie. Most numerous segment of bank customers. Currentlyperformed research carried out in previous years, interventionist government programs to rescue the anti-crisis measures of the key players of the economy from bankruptcy financial and activation of demand, investment, production and liquidity in the credit market. In terms of development-oriented activities of government intervention, the European Central Bank continues to apply mild monetary policy of low interest rates in order to improve liquidity in the financial system and offering cheap money for the development of pro-investment share of credit of commercial banks operating in the European Union.

  • Issue Year: 4/2016
  • Issue No: 2
  • Page Range: 138-146
  • Page Count: 9
  • Language: Polish