Forms of COVID-19 state aid by beneficiary size in Poland in 2020

Lockdowns imposed by the European Union (EU) Member States produced significant consequences in the form of losses to companies, which is why the Member States decided to assist businesses from public funds. This paper aims to identify and initially assess the implementation of schemes under which c...

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Main Author: Ambroziak Adam A.
Format: Article
Language:English
Published: Sciendo 2022-03-01
Series:International Journal of Management and Economics
Subjects:
Online Access:https://doi.org/10.2478/ijme-2022-0003
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author Ambroziak Adam A.
author_facet Ambroziak Adam A.
author_sort Ambroziak Adam A.
collection DOAJ
description Lockdowns imposed by the European Union (EU) Member States produced significant consequences in the form of losses to companies, which is why the Member States decided to assist businesses from public funds. This paper aims to identify and initially assess the implementation of schemes under which coronavirus disease-2019 (COVID-19)-related state aid was granted in Poland in 2020 for different instruments and beneficiary sizes. The idea was to find out how well aforementioned schemes responded to the needs of companies affected the most by the COVID-19-inflicted crisis. To this end, statistical analysis was deployed to learn about the share of individual groups of businesses of different sizes in support instruments granted in relation with COVID-19 by type of aid. The study helped to demonstrate that Polish aid schemes approved by the European Commission in 2020 assisted mainly micro- and small-sized companies, which usually suffered from poor liquidity, by predominantly soft instruments.
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spelling doaj.art-48a86abb3e134b9e8c56e789f8c423b52023-08-21T06:43:56ZengSciendoInternational Journal of Management and Economics2543-53612022-03-01581446310.2478/ijme-2022-0003Forms of COVID-19 state aid by beneficiary size in Poland in 2020Ambroziak Adam A.0Collegium of World Economy, SGH Warsaw School of Economics, Warsaw, Poland.Lockdowns imposed by the European Union (EU) Member States produced significant consequences in the form of losses to companies, which is why the Member States decided to assist businesses from public funds. This paper aims to identify and initially assess the implementation of schemes under which coronavirus disease-2019 (COVID-19)-related state aid was granted in Poland in 2020 for different instruments and beneficiary sizes. The idea was to find out how well aforementioned schemes responded to the needs of companies affected the most by the COVID-19-inflicted crisis. To this end, statistical analysis was deployed to learn about the share of individual groups of businesses of different sizes in support instruments granted in relation with COVID-19 by type of aid. The study helped to demonstrate that Polish aid schemes approved by the European Commission in 2020 assisted mainly micro- and small-sized companies, which usually suffered from poor liquidity, by predominantly soft instruments.https://doi.org/10.2478/ijme-2022-0003covid-19 crisiscovid-19 state aideuropean unionpolandsmesg38h25h32h71l53
spellingShingle Ambroziak Adam A.
Forms of COVID-19 state aid by beneficiary size in Poland in 2020
International Journal of Management and Economics
covid-19 crisis
covid-19 state aid
european union
poland
smes
g38
h25
h32
h71
l53
title Forms of COVID-19 state aid by beneficiary size in Poland in 2020
title_full Forms of COVID-19 state aid by beneficiary size in Poland in 2020
title_fullStr Forms of COVID-19 state aid by beneficiary size in Poland in 2020
title_full_unstemmed Forms of COVID-19 state aid by beneficiary size in Poland in 2020
title_short Forms of COVID-19 state aid by beneficiary size in Poland in 2020
title_sort forms of covid 19 state aid by beneficiary size in poland in 2020
topic covid-19 crisis
covid-19 state aid
european union
poland
smes
g38
h25
h32
h71
l53
url https://doi.org/10.2478/ijme-2022-0003
work_keys_str_mv AT ambroziakadama formsofcovid19stateaidbybeneficiarysizeinpolandin2020