SOURCES EVOLUTION OF BUDGET DEFICIT'S FINANCING IN POLAND SUBJECT TO PUSH-OUT EFFECT (Ewolucja zrodel finansowania deficytu budzetowego w Polsce z uwzglednieniem efektu wypychania)

• Authors: Kocurek Krzysztof
• Languages of publication: PL

Abstracts

EN

In the article, the author analyses sources of budget deficit's financing in the transformation period in Poland. Firstly, different instruments that can balance expenses of state's budget over its income are presented. Then an analysis of the structure of deficit's financing and its consequences for the economy is made. The author pays attention to efficiency of the fiscal expansion in the short and long term and describes the direct and indirect push out effect. In result performed analysis it is claimed that the choice of sources of deficit's financing has the fundamental significance for the economic policy.

Keywords

EN

BUDGET DEFICIT; FISCAL EXPANSION; TRANSFORMATION

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Wyższa Szkoła Finansów i Zarządzania w Warszawie
• Journal: Contemporary Economics
• Year: 2008
• Issue: 3(7)
• Pages: 21-30
• Document type: ARTICLE

Contributors

author

Kocurek Krzysztof

• Krzysztof Kocurek, Uniwersytet Ekonomiczny, ull. Raclawicka 27, 31-510 Krakow, Poland

Identifiers

CEJSH db identifier

11PLAAAA092426