PL EN


2011 | 4 | 5 | 7-15
Article title

Post-Crisis Economic Policy. Innovation Based Growth

Authors
Content
Title variants
PL
Polityka ekonomiczna po kryzysie. Rozwój przez innowacje
Languages of publication
EN
Abstracts
EN
Crises are not only natural but also indispensable in the capitalist market system. It is during the crisis when there is a natural selection of the most effective organisational, institutional and technological solutions. The decline in the growth dynamics is a crucial problem in highly developed economies. The task of an abrupt business recovery of innovativeness requires the implementation of reforms and restructuring on the basis on a new economic paradigm. Business policy based on the public sector growing deficit and low interest rates leading to fiscal crisis and inflation should be replaced by the policy stimulating entrepreneurship and innovation through fiscal stimuli. This policy has to include the facilitations in the area of establishment and liquidation of companies, labour market liberalisation, tax and credit stimulation of innovation, organisation and financing of high standard education and science, and at the same time due care of employment and use of the human factor.
Keywords
Year
Volume
4
Issue
5
Pages
7-15
Physical description
Document type
ARTICLE
Contributors
  • Szkoła Główna Handlowa w Warszawie; Kolegium Zarządzania i Finansów; ul. Madalińskiego 6/8; 02-513 Warszawa; Polska, aglapi@sgh.waw.pl
  • Szkola Glówna Handlowa w Warszawie; Kolegium Zarzadzania i Finansów; ul. Madalinskiego 6/8; 02-513 Warszawa; Polska
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
11PLAAAA10451
YADDA identifier
bwmeta1.element.3e613eef-85ca-3607-a747-89481f93ef7a
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