Changes in Organization of the Polish Bank System in the Years 1956—65
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Date
1968
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Wydział Prawa i Administracji UAM
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Przemiany form organizacyjnych polskiego systemu bankowego w latach 1956—1965
Abstract
The author considers the changes in the organization of the Polish Bank system
in the years 1956—65 on the background of the decentralizing processes in the
management of national economy. In existing circumstances centralization or decentralization
of mangement depends primarily on the already attained level of
development of national economy and also on the prospects of its further development.
Decentralization of the management in national economy, after 1956 reinforced
the significance if banks as links realizing the aims of the State's financial
policy. This also initiated the reconstruction of the credit system, as well as numerous
changes it the distribution of competency among banks. Particulary important
was the transfery by the Polish National Bank to the remaining banks
of a wide range of short-tenm credit, hence greatly increasing the role of these
banks in the processes of creating and accumulating monetary reserves.
Thus, the decentralization of the mangeimemt system contributed to the organizatiotn
of a Polish banking system baaed on new principles and to the resignation
of some of -the fundamental principles and forms of the banking system in Poland,
before 1956.
In the opinion of the author changes in the organization forms of the Polish
banking system in the years 1956—65 permitted the formulation of a general
thesis of the dependence of these forms in the system of management of national
economy. This imeans that the organization of banks can differ, in the
individual socialist countries, depending on the degree of decentralization of their
mangement system.
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Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny 30, 1968, z. 2, s. 265-284