DIVERSITY OF ECONOMIC SAFETY OF RURAL COMMUNES OF EASTERN POLAND IN 2009-2018

Pawel Dziekanski () and Magdalena Wronska ()
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Pawel Dziekanski: Jan Kochanowski University in Kielce, Poland
Magdalena Wronska: Main Specialist in Acquiring European Funds Gorzyce Commune Office, Poland

Baltic Journal of Economic Studies, 2020, vol. 6, issue 5

Abstract: Economic security is of interest to both economics and other social sciences. This is due to the interdisciplinary nature of economic security, but also different research perspectives. Economic security is expressed primarily in the economy's ability to survive and develop. The greater the economic potential of the economy, the more secure and stable its economy is. Financial resources are the basis for the operation and implementation of current and development tasks. The aim of the article is to assess the diversity of economic security of rural communes using a synthetic measure. Empirical data were collected in spatial terms of 484 rural communes of the Eastern Poland region for 2009-2018. The analysis showed that rural communes of eastern Poland are characterized by significant disparities in the field of economic security. It seems that the main reason for the relatively small impact of financial conditions on economic security is their strong dependence on transfer revenues transferred from the state budget and the amount of current expenditure. The above circumstances stiffen and stabilize the financial economy, making it relatively less susceptible to the influence of other factors. The obtained results may constitute an important source of information for local government authorities on the disproportions existing between units, for determining potential directions of optimization of the local finance structure.

Keywords: security; economic security; financial security; commune; synthetic measure (search for similar items in EconPapers)
JEL-codes: D74 D81 F52 F62 H12 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:bal:journl:2256-0742:2020:6:5:3

DOI: 10.30525/2256-0742/2020-6-5-15-22

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