Please use this identifier to cite or link to this item: https://hdl.handle.net/10593/6712
Title: STABILIZACJA CYKLU KONIUNKTURALNEGO W POLSCE ZA POMOCĄ NARZĘDZI POLITYKI FISKALNEJ
Other Titles: STABILISATION OF BUSINESS CYCLE IN POLAND WITH THE USE OF FISCAL POLICY TOOLS
Authors: Gaweł, Aleksandra
Issue Date: 2004
Publisher: Wydział Prawa i Administracji UAM
Citation: Ruch Prawniczy, Ekonomiczny i Socjologiczny 66, 2004, z. 2, s. 145-161.
Abstract: Business cycle, today interpreted as middle-run deviations from the main economic trend, is one of the factors influencing dynamism of the economic process. However, as periods of economic recession and recovery bring about many harmful effects for economic growth, the best option is to eliminate them or at least to flatten the business cycle. The governments of the countries well-developed economically after WW II have taken measures to stabilise the business cycle limiting of changes in current aggregate demand through public income and spending policies. Although the amplitude of business cycle fluctuations after WW II has decreased, economists are divided in assessment o f the actual effectiveness of the governments’ actions. On the one hand, business cycle stabilisation is considered a positive result of the state’s intervention in the economy. On the other hand, however, stabilization indicates fiscal policy’s negative effects, such as public spending ousting private spending, or the creation of a political business cycle. In order to determine possible influence a fiscal policy may have on the stabilisation of a business cycle, research was undertaken to investigate the relationship between public spending/income policies and the business cycle in Poland in 1993-2003. It was observed that variables referring to public income policy have a stronger influence on the reference cycle that the values relating to public spending policy.
URI: http://hdl.handle.net/10593/6712
ISSN: 0035-9629
Appears in Collections:Ruch Prawniczy, Ekonomiczny i Socjologiczny, 2004, nr 2

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