Economics at your fingertips  

Financing the spending of the public finance sector in the case of a fiscal deficit (Finansowanie wydatkow sektora finansów publicznych w warunkach deficytu fiskalnego)

Joanna Marczakowska-Proczka ()
Additional contact information
Joanna Marczakowska-Proczka: Katedra Skarbowosci, Szkola Glowna Handlowa.

Research Reports, 2017, vol. 2, issue 24, 68-79

Abstract: This work touches upon the issue of spending public funds in the case of a fiscal deficit. The article is divided into two parts. Section 1 presents the statistical perspective of the public finance deficit in the years 2007–2015, while Section 2 mentions the domestic and international (EU) regulations regarding the maintenance of the equilibrium in the public sector. It seems that those regulations constitute a solid base for pursuing the budgetary policy in Poland, which ought to prevent excessive deficits and be co-ordinated with economic development programmes. If one assumes that fiscal policy reflects political and socio-economicpriorities, then following those rules and meeting those criteria, for political reasons, limit the freedom of decision-making in the scope of this policy. At present it seems that the State of Poland keeps control over the public finance sector, although some concerns are rising that “the spending expansion”, which has been growing since 2015, can cause further imbalance, especially taking into account the fact that in 2017 the budget deficit is planned to account for PLN 59.3 bn.

Keywords: deficit; public debt; public spending; public revenue; taxes (search for similar items in EconPapers)
JEL-codes: E61 H62 P42 P4 (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link) ... zakowska-proczka.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Research Reports from University of Warsaw, Faculty of Management Contact information at EDIRC.
Bibliographic data for series maintained by ().

Page updated 2018-07-28
Handle: RePEc:sgm:resrep:v:2:i:24:y:2017:p:68-79