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Fiscal Policy in European Union Countries in Time of the Economic Crisis – Attempt to Estimation

. Musgrave R.A., Musgrave P.B. (1989) Public finance in theory and practice, McGraw - Hill International Editions, New York. Raport „Key figures on Europe” [2013], Eurostat. Romer D. (2006), Advanced Macroeconomics. The McGraw-Hill Companies, New York. Sargent T.J., Wallace N. (1981), Some Unpleasant Monetarist Arithmetic, Federal Reserve Bank of Minneapolis Quarterly Review, Fall. Owsiak S. (2013), Finanse publiczne. Teoria i praktyka, Wydawnictwo Naukowe PWN, Warszawa. Wersalski M. (1997

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Young people in the labor market. Improvement or stagnation?

. Mobilna młodzież (2010), Mobilna młodzież. Inicjatywa na rzecz uwolnienia potencjału młodzieży ku inteligentnemu, trwałemu i sprzyjającemu włączeniu społecznemu wzrostowi gospodarczemu w Unii Europejskiej, Komunikat komisji do Parlamentu Europejskiego, Rady, Europejskiego Komitetu Ekonomiczno-Społecznego i Komitetu Regionów, SEK (2010) 1047, KOM (2010) 477 wersja ostateczna, Komisja Europejska, Bruksela, dnia 15.9.2010. Reiter H., Craig G. (2005), Youth in the labour market: citizenship orexclusion?, (in:) Young People in Europe, (ed.) BradleyH., van

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Competitive factors for microenterprises in the process of marketing and logistic management based on the Kuyavian-Pomeranian Voivodeship
“Small business is not a little big business” [Welsh, White 1981, p. 25]

Abstract

Upon accession to the European Union, the SME sector in Poland found itself in a much more difficult situation than that of similar enterprises which had operated in the EU for years. New phenomena have occurred in this environment, including globalization, with not only its economic dimension, but also structural and functional ones, which comprehensively affects all fields of enterprises’ operations. Growth of competitiveness of SMEs, in particular of microenterprises, is a very interesting aspect and questions arise as to possible new methods of management which could help achieve this goal. This article presents the author's own research on SMEs in the Kuyavian-Pomeranian Voivodeship from the perspective of competitive factors in the management process. The factors of chief significance to growth and development are presented as exemplified by marketing and logistic management process in a microenterprise.

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Financial situation of insurance sector for example, a Stock – Exchange Company PZU

Abstract

The insurance system is a very important element of the financial system of a country. As institutions of public trust, insurance companies play a crucial role in the process of transforming savings into investments, which directly affects the country’s economic development. Maintaining the insurance sector in a good financial condition guarantees stability of the financial system and economic development of Poland.

The article aims to present the essence of operations of insurance companies as financial institutions, present their role in the economy, and describe various methods of appraising their financial condition.

In order to fulfil the above goals, a research hypothesis is put forward stating that the financial condition of the insurance sector in Poland deteriorated in the analysed period as a result of an adverse impact of turbulence in financial markets and problems in financial systems in the European Union countries.

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Foreign Capital in Poland During Recession

Abstract

The system transformation which started in the last decade of the previous century and the accompanying transition into market oriented economy have contributed to the increase of foreign investors’ interest in committing their capital in Poland. The interest grew even more after Poland joined the European Union. With limited national financial resources and great demand for the same, foreign investment has been a desirable factor supporting and accelerating economic growth.

The objective of this paper is to evaluate the changes in the level and structure of foreign capital in Poland in the years 2008–2013, that is during the period of economic downturn following the global financial crisis. The point is, first of all, to find an answer to the following question: to what extent has the economic destabilisation caused by the crisis influenced the decisions of foreign investors concerning investing their capital in Poland? This allows to verify the following scientific hypothesis: during crisis stability of the financial system of the country in which parent companies have their seats is more important for foreign investors than financial security of the host country. The analysis covers total foreign capital, that is both direct and portfolio investment, as well as derivatives and credit facilities. The empirical part of the study has been based on the information published by the National Bank of Poland.

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New system of employment forecasting in Poland

), Forecasting demand and supply of labour by education , Statistics Norway, Oslo. Cörvers F., Dupuy A. (2010), Estimating Employment Dynamics across Occupations and Sectors of Industries , ,,Journal of Macroeconomics”, vol. 32, issue 1, pp. 17–27. De arbeidsmarkt naar opleiding en beroep tot 2016 (2011), Researchcentrum voor Onderwijs en Arbeidsmarkt, Maastricht University, School of Business and Economics, Maastricht. Future skills needs in Europe: medium-term forecast. Background technical report (2009), CEDEFOP, Luxembourg: Publications Office of the European Union

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Public Debt under Financial Crisis in the New EU Member States

. Teoria i praktyka państw Unii Europejskiej, PWN, Warszawa. Marchewka-Bartkowiak K. (2011), Zarządzanie długiem Skarbu Państwa. Implikacje dla strefy euro, Difin, Warszawa. Nicu M., Georgeta M.M. (2011), The Need for Public Debt Management in The Context of Sustainable Development within the European Union, “Annals of the University of Oradea, Economic Science Series”, Supplement. O’Leary C. (2001), T-Bond Market Nears - Gasp! - Normalcy Crisis-fueled issuance to surge; alternative benchmarks now debatable, “Investment

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Casino Taxation in a Normative and Economic Context: the Case of Poland

[in:] S. Cnossen (ed.), Theory and Practice of Excise Taxation, Oxford University Press, Oxford. Cnossen S. (2005), Economics and Politics of Excise Taxation, “Tax Notes International”, Volume 38, Issue 7, p. 594. ECA’s European Casino Industry Report (2013), European Casio Association, Brussels. Emshoff J. (2008), Gambling and Offending: An Examination of the Literature, Georgia State University, Atlanta. Forrest D. (2008), Gambling Policy in the European Union: Too Many Losers?, “FinanzArchiv”, Volume

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Equity Investments vs. Debt Investments – What Drives OFDI in Polish Industry

pomorskiego, PBS DGA, Wyd. UG, Gdańsk, Wysokińska Z. (2008), Catching-Up Strategy: New Member States of the European Union in the European Internal Market for High-Tech and Environmental Products in the Context of the Renewed Lisbon Strategy, “Global Economy Journal”, Vol. 8, Issue 3. http://www.nbp.pl/home.aspx?f=/publikacje/pib/pib.html, access on 15.03.2013.

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The post-crisis strategies of exchange banks in Poland in the context of their operating effectiveness

. Lepczyński B., Penczar M. (2012), The influence of the global crisis of confidence on the position of the Polish banking sector in the European Union, “Dissertations and Materials of the Faculty of Management of the University of Gdansk”, No 4/1, Sopot (Polish: Lepczyński B., Penczar M. (2012), Wpływ globalnego kryzysu zaufania na pozycję polskiego sektora bankowego w Unii Europejskiej, “Prace i Materiały Wydziału Zarządzania” UG Nr 4/1, Sopot). National Polish Bank report (2009), Poland in the face of the global economic crisis, National Polish Bank

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