Economic and political implications of the Poladn’s accession to the European fiscal union
Grzegorz Libor (),
Jolanta Galuszka () and
Ireneusz Galuszka ()
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Grzegorz Libor: Institute of Sociology, University of Silesia (Katowice, Poland)
Jolanta Galuszka: Department of Finance, University of Economics (Katowice, Poland)
Ireneusz Galuszka: Department of Accounting and Finance, Katowice School of Economics (Katowice, Poland)
Rivista Internazionale di Scienze Sociali, 2013, vol. 121, issue 2, 211-232
Abstract:
Over the past three years, the governments have acted decisively on both national and international levels to avoid financial and economic crisis. This has led to large structural deficits and growing debt putting at risk the fiscal sustainability. Therefore the fiscal consolidation has become the basis for the current policy conducted across the OECD area. However the Polish economy managed to avoid the recession in 2009 despite the fact that it has one of the highest budget deficits. That is why an idea of the Poland’s accession to the European Fiscal Union is worth analyzing.
Keywords: Poland; economics; politics; fiscal discipline; fiscal consolidation (search for similar items in EconPapers)
JEL-codes: G01 H1 H3 H6 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:vep:journl:y:2013:v:121:i:2:p:211-232
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