Economic Security of Poland

Balázs Taksás, Grzegorz Waszkiewicz, Mariusz Gontarczyk and Jarosław Zelkowski

Public Finance Quarterly, 2024, vol. 70, issue 4, 117-141

Abstract: The aim of this research is to create a relatively easy-to-apply, yet complex and complete model for measuring levels of economic security, one that incorporates risks in supply, finance, labor market, technology, sales, economic policy, and mobilization, thus comprehensively evaluating the economic security situation of a country and the danger of risk activation. The development of this conceptual model and the risk groupings was based on several historical and contemporary economic dysfunction and crisis studies (approximately one hundred). The applied methodology takes into account the different risk-averse or risk-tolerant preferences of various societies. It also considers the effect of economic cycles on economic indicators. Meanwhile, simple mathematical calculations ensure ease of application, making it readily adaptable not only for academics and researchers, but also for any governmental entity, or non-governmental organization. With the help of this model and thirteen selected indicators, we subjected Poland’s economic security situation for the period 2010-2019 to comprehensive analysis. We then drew conclusions on how the level of risk in different subsystems changed during this relatively calm period.

Keywords: economic security; Poland; supply security; financial security; technological security (search for similar items in EconPapers)
JEL-codes: E10 E60 F40 F50 H60 J6 O40 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:pfq:journl:v:70:y:2024:i:4:p:117-141

DOI: 10.35551/PFQ_2024_4_6

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