Ryzyko obsługi zobowiązań długoterminowych 
gminy Sopot w świetle perspektywy budżetowej 
Unii Europejskiej na lata 2007-2013

• Authors: Tomasz Jastrzębski

Title variants

EN

Association of operating risk of long-term
obligations of municipalitiy of Sopot with European Union budget prospects for 2007-2013

• Languages of publication: PL

Abstracts

EN

Polish accession to the European Union allowed Polish municipalities to use co-financing of development projects of local infrastructure, environmental protection and improvement of competitiveness of municipalities. The process of transition is sometimes referred to as bridging the development gaps between countries of “old fifteen” and the new member countries. The desire of municipalities to maximize the use of EU funds led to a rapid increase in the debt level of municipalities and changes in levels of risk of long-term liabilities of municipalities. The aim of this article is to empirically confirm thesis that the change in the long-term financial liabilities associated with the prospect of the European Union budget for 2007-2013 is causing a variation of the operating risks of these liabilities. A tool used to verify this hypothesis is the risk model, which is a random vector with components identified with control variables of management process in the handling of long-term financial liabilities. The design of the components of this vector is based on the basic characteristics of the probability distribution of the vector as the expected value and the variance and their ideal and anti-ideal levels.

Keywords

PL

zarządzanie ryzykiem; stany ryzyka; budżet Unii Europejskiej

EN

risk management; risk levels; the European Union's budget

• Publisher: Uniwersytet Gdański. Wydział Ekonomiczny
• Journal: Współczesna Gospodarka
• Year: 2015
• Volume: 6
• Issue: 2
• Pages: 51-61

Contributors

author

Tomasz Jastrzębski