scholarly journals The financial crisis and the public finances deficit in Poland and the European Union member countries

2017 ◽  
Vol 2 (1) ◽  
pp. 8-17
Author(s):  
Jolanta Ciak ◽  
Author(s):  
Aistė Deimantaitė

The article aims to examine and critically evaluate the idea of sovereignty and the nuances of its verbal expression through the concept of strategic narratives, to reveal different models of sovereignty within the context of European Union Member States (mainly France, Hungary/Poland) and the European Union (EU) since 2017. The article seeks to answer the following questions: What idea of sovereignty has been projected to the public in selected European countries and the EU by their political actors since 2017? What model, functional limits and narratives do actors forge?


Author(s):  
Luísa Araújo ◽  
Maria João Coelho

In recent decades, energy and environment public policies have acquired an unquestioned strategic and economic importance. In this article,wedrawthe path of these policies in Portugal over the last 40 years, anchoring the analysis in the international context, particularly in the context of the European Union. The main results of the public policies are displayed and a brief analysis of the strategy to be undertaken by Portugal within its context of economic and financial crisis is presented.


Author(s):  
Agnieszka Kłos

The article is devoted to the issue of financing of operational programs implemented in Poland in the European Union’s financial perspectives 2000–2006 and 2007–2013. Polish membership in the European Union gives the opportunity to obtain additional funds but the possibility of absorption involves costs which Poland has to bear. The author attempts to assess the way in which Poland’s adopted systems for operational programs implemented with the participation of EU structural funds influenced the state of the public finances. System solutions used in Poland have implications for two key measures of the state of public fi nances such that is public debt and budget deficit.


2020 ◽  
Vol 9 (1) ◽  
pp. 95-114
Author(s):  
Barbara Pawełek

The main purpose of the paper is to present the results of the comparative analysis of the member states of the European Union in terms of expenditure on environmental protection made by the public sector. An additional purpose of the paper is to verify whether there is convergence in public spending on environmental protection of the member states of the European Union. In the study, the convergence models and cluster analysis were used. The research results indicate, among others, that there was convergence in total public spending on environmental protection in the member states of the European Union in 2004-2017, and that the structure of the member states in terms of amounts of public spending on various aspects of environmental protection in 2004-2010 differed from the structure of the member states determined for the years 2011-2017.


Ekonomia ◽  
2017 ◽  
Vol 23 (2) ◽  
pp. 57-73
Author(s):  
Mikołaj Mielczarek

The impact of contemporary economic crisis on public finances of the Visegrad GroupThe article attempts to assess the state of public finances of the Visegrad Group V4 during the contemporary economic crisis. At the beginning there are shown two faces of the economic crisis in the European Union and that this crisis firstly took the form of abanking crisis, and next extend to the public finance sector. Analysis of GDP proved that when we have crisis in the European Union in all V4 countries there has been adecline in the volume of GDP, and in the next years there were rather its growth. Analysis of the budget deficit showed that in 2008-2015 the V4 countries had problems in complying with the deficit below 3% of GDP. At the same time analysis of public debt showed that as aresult of the economic crisis public debt in the Visegrad Group had atendency to rather increase, but in the Czech Republic, Poland and Slovakia, it was less than 60% of GDP, while in Hungary exceeded 71% of GDP.


Author(s):  
Danuše Nerudová

The discussion about the possible taxation of the financial sector has started in the European Union as a result of the financial crisis which has spread to the Europe from the United States in 2008. European Commission concluded that EU should lead the efforts to introduce system of levies or taxies on financial institutions. EU member states individually committed to support the financial sector for a total about EUR 4.6 trillion (i.e. 39% of EU-27 GDP in 2009). Those public interventions have significant budgetary consequences (strongly felt in Greece, Spain or Italy) and imposes a heavy burden on the present and future generations. Therefore there is a strong consensus not only on the level of the European Union but also internationally, that financial sector should contribute to the public finance more fairly. As a reaction on costs of the financial crisis which was paid out from the public money, some of the countries immediately introduced temporary measures in order to collect back paid out money. The aim of the paper is to research the possibility of financial sector taxation, to discuss the proposal of the European Union on the introduction of financial transaction tax on EU level and through the multi-criteria analysis to research, whether this type of the tax is suitable as an own resource of EU budget.


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