Market of Communal Bonds in Poland - Determinants of It's Recent Shape and Prospects of Development

• Authors: Kopanska A.
• Languages of publication: PL

Abstracts

EN

Polish regulations for communal bonds were established in 1995 (and then amended in 2000) mostly following the US model (thanks to American advisors from the USAiD and the World Bank). Unfortunately, after 10 years, the Polish municipal bonds depart far from their American pattern. In the article, some elements of the communal capital market in Poland are analyzed by comparison with the American market. Thanks to this comparison, the factors are identified that have exerted the greatest influence on the current functioning of the Polish communal bonds. Also, forecasts of further development of this market are presented.

Keywords

EN

BOND MARKET; LOCAL DEBTS; MUNICIPAL BONDS

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Wydział Nauk Ekonomicznych Uniwersytetu Warszawskiego
• Journal: Ekonomia. Rynek, Gospodarka, Społeczeństwo
• Year: 2004
• Issue: 16
• Pages: 75-94
• Document type: ARTICLE

Contributors

author

Kopanska A.

• A. Kopanska, Uniwersytet Warszawski, Wydzial Nauk Ekonomicznych, ul. Dluga 44/50, 00-241 Warszawa, Poland

Identifiers

CEJSH db identifier

06PLAAAA01272896