PL EN


2014 | 180 cz 2 | 236-246
Article title

Deficyt fiskalny a racjonalność wydatków publicznych

Authors
Content
Title variants
EN
Fiscal Deficit Against Public Spending Rationality
Languages of publication
PL
Abstracts
EN
In the long run the fiscal deficit contributes to a reduction in potential GDP growth rate by at least a few channels. Two of them are related to the structure of public expenditure. Both the growth and maintenance of chronic deficit, lead to a permanent increase in public debt the interest of which - in the first place - crowd out developmentsupporting expenditures, i.e. spending for such purposes as: infrastructure, research and development. Moreover, the deficit leads to a diversion of public funds for goals, which are beneficial rather to the specific groups of society than to society as a whole, which, in turn, does not promote rationality and productivity of public spending. The purpose of this article is to show that both in the short and long-term the fiscal deficit is not conducive to rational public spending and leads to the deterioration in their structure.
Year
Volume
Pages
236-246
Physical description
Contributors
author
References
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Document Type
Publication order reference
Identifiers
ISSN
2083-8611
YADDA identifier
bwmeta1.element.desklight-3d86b99d-b780-4a14-994a-b200cfcb8649
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