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EN
The foundation of Polish economic system, set out in Article 20 of the constitution, is social market economy based on private property. National accounts are divided into the public and private sector functioning as the opposites, with public and private property accordingly. However, such division raises concerns due to its incompleteness. There are businesses that operate combining the attributes of public and private entities (e.g. cooperatives, foundations, societies, employee savings and loan associations, mutual insurance companies). In highly developed economies, they form the third sector based on social property (the social sector). Separation and institutionalisation of the third sector and social property in Poland might create conditions more conducive to the achievement of objectives of social market economy than the current dual property structure, unfit to today’s reality and to the nature of social market economy.
EN
The superannuation system introduced in Poland in 1999 has largely limited the constitutional right of individuals to social security after retirement as it lacks primary features (paradigms) of social insurance. In the first pillar insurance scheme (repartition scheme), some of the superannuation insurance paradigms have been retained (including solidarity and redistribution). However, new elements such as individual accounts (with contribution payments record) or defined contribution payments have grossly reduced the retirement risk protection turning the superannuation insurance compulsory saving scheme. The second pillar insurance scheme (capital scheme), by definition, is not a typical social insurance. It is based on the system of compulsory individual investments where a number of risks, including both individual risk (biotic risk) and general risk (market, political etc.), are imposed on its members and social solidarity effects are eliminated.
EN
Living up to old age is probable but uncertain. Every generation tried to find ways to minimise negative, both biological and economic, effects of old age, when people lose their abilities and possibilities to earn money. This gave rise to the old age pension insurance. It is based on paradigms, i.e. specific social and economic rules, defining an attitude towards older people, level of solidarity between generations and public authorities’ social functions. The reforms conducted in the 1990s in most of the post-socialist countries deeply changed the rules of organisation and functioning of old age pension systems as well as their roles in the society. The key paradigms, i.e. insurance reciprocity based on solidarity and collective prudence, were rejected and replaced with the idea of non-solidarity (“everyone is responsible for themselves”), which involves privatisation of pension risk and making an individual bear the consequences of loss of earnings upon reaching retirement age.
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Zakład Polityki Gospodarczej

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EN
The Division of Economic Policy was established in 1990 to promote high quality, empirically grounded and policy oriented economic research at Wrocław University. The Division’s main goal is to support, enhance and promote research activities of the Faculty and students, and to facilitate sustained discussion of theoretical and economic policy issues of domestic and global importance. The research conducted in the Division is mainly focused on systemic transformation and structural changes of Polish economy. The Division employs 1 titular professor and 5 assistant professors, who provide 18 courses (including 6 in English) in Bachelor’s and Master’s Programs. The Division organizes conferences, lectures, public seminars, sponsors workshops and promotes collaborative interdisciplinary scholarship, intended to contribute to a broad understanding of economic policy within and outside the academy.
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