The Principle of Proportionality as a Tool to Support the Economic Policy of the European Union and Poland for Financial Markets (Zasada proporcjonalnosci jako narzedzie wspomagania polityki gospodarczej Unii Europejskiej i Polski w sferze rynkow finansowych)

Stanislaw Kasiewicz () and Lech Kurklinski ()
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Stanislaw Kasiewicz: Instytut Finansow Korporacji i Inwestycji, Szkola Glowna Handlowa w Warszawie
Lech Kurklinski: Instytut Finansow Korporacji i Inwestycji, Szkola Glowna Handlowa w Warszawie

Problemy Zarzadzania, 2015, vol. 13, issue 55, 56-71

Abstract: The article describes the potential direction of how to improve regulation as a tool to support economic policy in the area of financial markets. This kind of efforts should lead to strengthening the competitive position of national economies of the European Union, including Poland. Given that, the essence of the principle of proportionality is identified and its basic dimensions (components) are presented together with a discussion of the pros and cons. The authors present the model based on the principle of proportionality as a legislative tool for better regulation scenarios for the next few years, challenging the economic and regulatory policy, are also outlined. The main observation says that EU actions (regulations) should be focused on removing structural imbalances and barriers to entrepreneurship at the micro level. The legislative weaknesses and the declining share of private investment require more active use of regulation to support the economic policy of the European Union and, consequently, also Poland.

Keywords: probability; interpretation of probability; risk (search for similar items in EconPapers)
JEL-codes: K20 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:sgm:pzwzuw:v:13:i:55:y:2015:p:56-71

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