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PL
W opracowaniu podjęto problematykę funkcjonowania nietypowego rynku nieruchomości niezabudowanych przeznaczonych pod cmentarze. W Polsce występuje potrzeba powiększania i zakładania nowych cmentarzy. Nieliczne gminy potrafią skutecznie przeprowadzić takie inwestycje. Największe trudności występują w miastach. Celem niniejszego artykułu było zarysowanie problematyki negocjacji, wywłaszczeń i odszkodowań w procesie realizacji inwestycji w Polsce. W procesie negocjacji pomiędzy gminą a podmiotem prywatnym realizowanym dla nabycia gruntów przeznaczonych pod cmentarze dowiedziono, że gmina musi zakładać koszt realizacji inwestycji na około 55% ceny zakupu gruntów, przeznaczonych pod zabudowę mieszkaniową jednorodzinną na danym rynku lokalnym. W opracowaniu wskazano na ograniczenia związane z lokalizacją inwestycji w miejscowych planach zagospodarowania przestrzennego oraz ograniczenia w zakresie efektywnego przeprowadzenia rokowań o nabycie gruntów przeznaczonych pod cmentarz w drodze umowy. Wskazano, że głównym problemem jest szkoda lokalizacyjna (zaistniała lub nie), która w znacznym stopniu przyczynia się do zablokowania trybu umownego wykupu gruntu i zasadniczo komplikuje i przeciąga w czasie zakończenie procedury wywłaszczeniowej.
EN
The subject matter of this work is the functioning of a specific market of undeveloped real estate intended for cemeteries. There is a need in Poland not only to expand the existing cemeteries but also to establish new ones. However, such investments are successfully made only in a few gminas, not to mention big cities, where they seem even harder to be carried out. The aim of this article is to outline the issues of negotiations, expropriation and compensation in the process of investment implementation in Poland. In the negotiation process between a gmina (commune) and a private entity, carried out for the purchase of land intended for cemeteries, it has been proved that the gmina must assume the cost of the investment at approximately 55% of the purchase price of land intended for single-family housing on a given local market. Additionally, the author indicates the limitations associated with the location of investments in local spatial development plans as well as the limitations in terms of conducting effective negotiations for purchasing land intended for cemeteries by means of an agreement. The main problem indicated in the work is the location damage (suffered or not), which has largely contributed to blocking the contractual purchase of land and substantially complicates and delays termination of the expropriation procedure.
EN
The aim of this article is an attempt to assess the directions of changes in the social housing policy as part of the state’s policy on housing within the European Union member states. This study highlights the fundamental conditions for conducting effective housing policy. These conditions include a proper allocation of the social housing stock, including the terms and conditions for entering and leaving the stock, a right choice of target groups for the stock, an adequate form of organisation of social housing construction fitted for the social housing policy model, including the terms and scope of participation of the private sector in social housing construction, a proper division of the responsibility for fulfilling the social goals between the central and local authorities, as well as specifying rational scopes of legal protection for both the residents and owners of the social housing stock.  
PL
Celem artykułu jest ukazanie kierunków zmian w zakresie społecznych polityk mieszkaniowych w krajach Unii Europejskiej. W opracowaniu wskazano na podstawowe warunki prowadzenia skutecznej polityki mieszkaniowej. Zdaniem autora są nimi prawidłowa alokacja społecznego zasobu mieszkaniowego, uwzględniająca warunki wejścia i wyjścia z zasobu społecznego, właściwy wybór grup docelowych zasobu społecznego, dopasowana forma organizacyjna budownictwa społecznego do modelu społecznej polityki mieszkaniowej, w tym określenie warunków i zakresu partycypacji sektora prywatnego w budownictwie społecznym, odpowiedni podział odpowiedzialności za realizację celów społecznych między władzę centralną a władzę lokalną, ustalenie racjonalnych zakresów ochrony prawnej zarówno lokatorów, jak i właścicieli społecznego zasobu mieszkaniowego. Autor wykazuje, że w krajach Unii Europejskiej, w szczególności przez charakter regulacji unijnych, występuje silne przesunięcie z szerokiego do selektywnego wsparcia państwa w sferze mieszkaniowej.  
Studia BAS
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2021
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issue 2(66)
35-50
EN
The article contains an overview of the housing situation in Poland in three dimensions: the availability of housing, the capacity to buy or rent a dwelling and the quality of housing standards in the context of the national and local housing policies. It begins with an assessment of the scale and dynamics of residential investment in Poland over the last 30 years. In the next part, the author estimates the economic return on housing investments, stressing that expectations as to the growth of housing prices in Poland are the key determinant of investment decisions. As the analysis shows, the promotion of housing ownership has had negative social effects and, with temporarily cheap and available money, has fuelled the growth of housing prices.
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List of Reviewers 2016

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EN
CZYŻEWSKI Bazyli, Poznań University of Economics and Business, Poland GRABOWSKI Grzegorz, Poznań University of Economics and Business, Poland JARNO Klaudia, Poznań University of Economics and Business, Poland KVILINSKYI Oleksii, National Economy of Sciences of Ukraine, Ukraine KWIATKIEWICZ Piotr, Military University of Technology MAZURKIEWICZ Joanna, Poznań University of Economics and Business, Poland MUTASCU Mihai, West University of Timisoara, Romania NIZIOŁ Krystyna, University of Szczecin PIĄTEK Dawid, Poznań University of Economics and Business, Poland POPOVA Olga, Donetsk National Technical University (Pokrovsk), Ukraine SAPA Agnieszka, Poznań University of Economics and Business, Poland SZCZERBOWSKI Radosław, Poznan University of Technology ZWIERZCHLEWSKI Sławomir, Poznań University of Economics and Business, Poland
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Preface

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EN
Dear Readers, I have the pleasure of presenting to you the first issue of our research journal entitled ”Research Papers in Economics and Finance” (REF), published by the Faculty of Economics at Poznań University of Economics and Business. Caring about the high level of the content of our publications, we publish only the manuscripts which have received two positive reviews under the “peer review” procedure, after initial verification done by the Editorial Committee. The articles published within REF are available online in English and in an open mode. REF focuses on two science disciplines: economics and finance. Within the former area it touches mainly upon such issues as: micro and macroeconomic policy, analysis of goals, instruments and models of socio-economic and sector policies, public sector analysis, conception of development and cyclic nature of the economy, principle of market functioning, research within the area of international economics, spatial economics, studies of the history of economic thought and the history of the economy. As regards the area of finance, we focus on such issues as: research on the phenomena and processes which take place in the economy, connected with the financial sphere, analysis of the reasons and consequences of capital flows, identifying the motifs and criteria for taking economic decisions, assessment of the investment process risk, assessment of financial markets functioning, analysis of redistribution of financial resources, taking into consideration the tax system.  REF is a quarterly journal, with the first issue containing six research articles. Let us bring you closer to the outcomes of the works presented in volume 1. The article entitledThe Impact of Monetary Policy Announcements on Stock Market Index in Poland by H. Kołodziejczyk examines whether the NBP’s announcements have an impact on either stock returns or volatility and whether the content of such communiqué (either interest rate cut or raise) matters.The results suggest that, in fact, interest rate changes do have a significant impact on both returns and volatility. However, the reactions to news are different with respect to the type of announcement. The article entitled Exchange rate volatility and trade: the case of Ukraine by O. Popova, J. Jablinski and T.M. Lukashenko concerns the subject matter ofthe exchange rate volatility and its influence on international trade on the basis of Ukraine. Even if there has not beenany significant visible correlation between trade and the exchange rate volatility, it does not mean that there is no relationship between these two factors, because there are a lot of factors which affect the level of trade. The article entitled Potential fiscal and non-fiscal consequences of introducing a poll tax in Poland by E. Małecka – Ziembińska and Ł. Ziębakowski verifies the claims made by the supporters of the introduction of a poll tax in Poland in relation to its amount. The poll tax would not gain acceptance in Poland nowadays. Potential consequences of this change must be considered not only in the fiscal, but above all – social context. The rates of the poll tax assessed on the basis of the concept of its followers are regressive. This is a disqualifying factor of this tribute, because it would bring a number of undesirable consequences to the economy and society. The article entitled Capital outflow in the countries exporting oil and gas as a deterrent to the economic development by Y.Y. Finogenova, D.V. Domaschenko, О.V. Boyko, V.A. Krylov, touches upon the subject matter ofcapital outflows under the financial account of the trade balancein some countries exporting oil and gas. The main reasons for capital outflows lie in the specific features of the national law concerning foreign exchange as well as in the psychology of the behaviour of the economic agents carrying out activities on the territory in question. The capital outflow is caused not only by a higher exposure of business operations, corruption, weak competitiveness of the economy etc. The authors have demonstrated that the most vulnerable countries exposed to the highest level of the capital outflow risk are the countries with hybrid exchange rate regimes, in contrast to the countries adopting hard exchange rate pegs or the floating exchange rate regime. The article entitled Complex assessment of plant growing development in regions of Ukraine to work out recommendations for institutional changes in agriculture by N. Shmygol presents the prospects and trends of crop production development in Ukraine, as well as the methods and ways of supporting this industry by the state.The author has made an appropriate ranking of Ukraine regions according to the area of sown crops in Ukraine, based on which four sectors of Ukraine areas have been allocated and grouped by crop production development level.The article goes on to give the recommendations for decision making supporting investments and state aid for each of the selected sectors to further develop crop production in the regions of Ukraine. The article entitled The effectiveness of using electric cars for reducing the CO2 emissions in Poland by M. Walkowiak concerns the estimation of indirect CO2 emissions associated with using electric engines in Poland. The current structure of the Polish power system, which serves as the supplier of the prime mover for electric cars, uses mainly the conventional (high-emission) sources of power. Using electric cars becomes an indirect cause ofthe emission of pollution into the atmosphere. The author of this study compares the influence of electric cars on the environment in relation to adequate parameters which characterise cars with combustion engines. Special attention has been paid to: the specificity of the Polish system of production and distribution of energy, energy consumption and the level of emissions in the cars under analysis. The author has also presented in the article his own methodology for estimating the indirect emissions of exhaust generated by electric cars with reference to the area in which the energy is taken. I would like to thank everyone who has been engaged in writing, editing and publishing this journal, and especially dr hab. Kamilla Marchewka – Bartkowiak, Associate Professor at UEP and the Dean of the Faculty of Economics at Poznań University of Economics and Business, for approving of this idea and supporting it actively as the Publisher. I am also very grateful to all Reviewers, who have assessed the articles in great detail, as well as to the members of the Program Committee for their support and remarks concerning the content, the members of the Editorial Committee, without whom this and the other issues would never have been prepared. Last but not least, I would like to thank all the Authors for submitting interesting articles, their modifications following the reviews and the trust they have placed in this new journal. We hope, as the Editorial Committee, that the articles presented in this journal will become a stimulus to creative discussions over the issues concerning contemporary economics. Yours faithfully, dr hab. Piotr Lis, Editor in Chief
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Preface

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Dear Readers, We are pleased to present the next issue of the Research Papers in Economics and Finance published by the University of Economics and Business in Poznan, Poland. We have selected five articles from different parts of Europe. This issue opens with a great paper, which received three excellent reviews, written by Mihaela Simionescu from the Institute for Economic Forecasting of the Romanian Academy entitled “Bayesian combined forecasts and Monte Carlo simulations to improve inflation rate predictions in Romania”. The author has proved, using empirical data for Romania, that the Bayesian combined forecasts using experts’ predictions as priors, when the shrinkage parameter tends to infinity, improved the accuracy of the predictions based on individual models. The second paper entitled “Risk management system references in construction” has been written by four authors: Volodymyr Tkachenko, Maryna Klymchuk, Tetiana Ilina from Kyiv National University of Construction and Architecture and Iryna Tkachenko from the Academy of the State Penitentiary Service in Kyiv, Ukraine. In this paper the authors examine the basic methods of risk management in construction: avoidance of risk, localisation, dissipation and compensation. Formalised functional structuring of risk management in construction was proposed, allowing for the implementation of management functions at two levels – executive and coordinating, with the help of a special structural component in the enterprise management system or a specialised unit in the organisational structure. The next paper concerns “Information demand of foreign labour market from the point of view of Chinese students”. This paper has been written by Anna Pilarczyk and Tomasz Naprawski from the University of Szczecin, Poland. The authors have used the companies’ and students’ surveys which identified the main problems facing employers (like a small number of applicants or lack of expertise and experience) and foreign employees (like organisational problems or formal requirements in a foreign country) during the job application process. The proposed information-logistics engine was designed as a core for the software architecture of target-oriented application, in which the user requirements are not clear but have the highest priority. The fourth paper has been created by Joanna Ratajczak from the University of Economics and Business in Poznan, Poland, and concerns “Recruitment and motivation of Generation Z in the face of the employee's market”. The study involved 390 students in Leszno, Poland. The author has proved that despite the low level of unemployment and the problem of finding people willing to work in Leszno in 2018, employers did not fully respond to the expectations of young people. The employee market in the opinion of the employees themselves, especially in smaller towns, where a low unemployment rate is observed, does not translate into improved employment conditions. The last paper entitled “Statutory regulations and corporate governance standards in cooperative banks” has been written by Mikołaj Jalinik from Bialystok University of Technology, Poland and Krzysztof Łukaszuk from the Cooperative Bank in Bielsk Podlaski, Poland. According to the authors’ research, although the regulations of the European Parliament duplicate the solutions already existing on the domestic legal grounds in some areas, they are part of the general policy and practice of developing financial sector regulations, unifying requirements for financial institutions and raising standards in the area of corporate governance. In the case of cooperative banks, doubts arise as to whether, being entities different from commercial banks, implementing solutions (including those of the European Parliament) under pressure from the regulator, the results obtained will prove to be adequate to the specificity of the entities covered by it. Yours faithfully, dr hab. Piotr Lis, prof. UEP - Editor in Chief
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Preface

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EN
Dear Readers, We are pleased to present the next issue of the Research Papers in Economics and Finance published by the University of Economics and Business in Poznan, Poland. We have selected five articles from different parts of Europe. This issue opens with a great paper, which received excellent reviews, written by Hubert Witczak, entitled “The systemic-praxeological approach to the methodology of primary scientific activity of the management science system”. The second paper entitled “International mobility of students in modern conditions of transformation in the global market of services (regional aspect)” has been written by two authors: Olena Bulatova and Оleg Zaikovskyfrom the Mariupol State University in Ukraine. The next paper concerns “The Belt and Road Initiative as a tool for promoting EU-China trade. Poland’s case”. This paper has been written by Alina Szypulewska-Porczyńska from the Warsaw School of Economics, Poland.  The fourth paper has been created by three authors: Volodymyr Tkachenko from The London Academy of Science and Business, England, Iryna Tkachenko from the Academy of the State Penitentiary Service, Ukraine and Polina Puzyrova from the Kyiv National University of Technologies and Design, Ukraine. It concerns “Fundamentals of financial and economic security management of Ukrainian enterprises”.  The whole issue ends with a great paper entitled “Examining market concentration levels of available global financial commodity products” which has been written by Subhakara Valluri from the Institute of Economics of the Polish Academy of Sciences, Poland.
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Preface

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EN
The article presents an assessment of industrial companies in Poland versus companies from selected European countries. It begins with the literature survey in which the authors highlight the specificity and main factors shaping the competitiveness of industry. Both traditional and contemporary determinants of competitiveness are discussed, particularly those associated with spatial integration, effects of concentration on selected growth sectors with a high added value, use of creative skills, quality of institutions and social capital. The authors also analyse the competitiveness of Polish companies with use of some complex measures such as Global Competitiveness Index and the Competitive Industrial Performance Index. The article concludes with indicating the key factors and barriers of competitiveness of Polish industrial companies.
EN
The purpose of the paper is to identify the axiological “image” of housing, perceived by students, taken as a specific group of respondents, offering an opportunity to visualise the cultural changes taking place in modern society. A CAWI survey was used with a non-random sample of 407 university students nationwide. The article is based on Gutman’s means-end chain method and Schwartz’s basic values theory. The respondents are as traditional as their parents and grandparents, with tradition, conformity and security dominating in the area of housing, with very low trust in other people. Respondents’ strong pro-ownership attitudes predominated in the group of values that constitute self-enhancement, such as power, achievement and hedonism. Any shared space is accepted by only 11% of respondents.
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