Concepts for Reforming Poland’s State-Owned Enterprise Supervision System
The system for supervising state-owned enterprises in Poland has undergone substantial changes in recent years. In 2017, the Ministry of the Treasury was disbanded, and its powers were divided among several government ministers. Two years later, the previous centralised system was reinstated. At the...
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| Format: | Article |
| Language: | English |
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Collegium of Economic Analysis, SGH Warsaw School of Economics
2020-12-01
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| Series: | Gospodarka Narodowa. The Polish Journal of Economics |
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| Online Access: | http://www.journalssystem.com/gna/Koncepcje-reformy-systemu-nadzoru-nad-spolkami-z-udzialem-Skarbu-Panstwa-w-Polsce,128219,0,2.html |
| _version_ | 1818643816822865920 |
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| author | Dominik Aziewicz |
| author_facet | Dominik Aziewicz |
| author_sort | Dominik Aziewicz |
| collection | DOAJ |
| description | The system for supervising state-owned enterprises in Poland has undergone substantial changes in recent years. In 2017, the Ministry of the Treasury was disbanded, and its powers were divided among several government ministers. Two years later, the previous centralised system was reinstated. At the same time, further modifications have been announced. The objective of this article is to propose a direction for further reforms based on the experience of both Poland and the world’s most developed economies. The research methods are a literature review, an analysis of ownership supervision systems in developed countries, with a particular emphasis on France, Britain and Norway; and an analysis of measures considered and implemented in Poland. The decentralised supervision system at work in Poland from 2017 to 2019 is described in extensive detail. The analysis shows that this system failed to live up to expectations. Weaknesses, as identified in research reports, included a lack of transparency and a blurred borderline between the ownership and regulatory functions of the state. This article offers some policy recommendations that highlight the need to separate the ownership function of the state, increase the independence of supervisory institutions and press ahead with privatisation. |
| first_indexed | 2024-12-17T00:04:58Z |
| format | Article |
| id | doaj.art-554da7f1c7734404ab41a638ab479bab |
| institution | Directory Open Access Journal |
| issn | 0867-0005 2300-5238 |
| language | English |
| last_indexed | 2024-12-17T00:04:58Z |
| publishDate | 2020-12-01 |
| publisher | Collegium of Economic Analysis, SGH Warsaw School of Economics |
| record_format | Article |
| series | Gospodarka Narodowa. The Polish Journal of Economics |
| spelling | doaj.art-554da7f1c7734404ab41a638ab479bab2022-12-21T22:10:59ZengCollegium of Economic Analysis, SGH Warsaw School of EconomicsGospodarka Narodowa. The Polish Journal of Economics0867-00052300-52382020-12-01304413515710.33119/GN/128219128219Concepts for Reforming Poland’s State-Owned Enterprise Supervision SystemDominik Aziewicz0Wydział Ekonomiczny, Uniwersytet Gdański, PolskaThe system for supervising state-owned enterprises in Poland has undergone substantial changes in recent years. In 2017, the Ministry of the Treasury was disbanded, and its powers were divided among several government ministers. Two years later, the previous centralised system was reinstated. At the same time, further modifications have been announced. The objective of this article is to propose a direction for further reforms based on the experience of both Poland and the world’s most developed economies. The research methods are a literature review, an analysis of ownership supervision systems in developed countries, with a particular emphasis on France, Britain and Norway; and an analysis of measures considered and implemented in Poland. The decentralised supervision system at work in Poland from 2017 to 2019 is described in extensive detail. The analysis shows that this system failed to live up to expectations. Weaknesses, as identified in research reports, included a lack of transparency and a blurred borderline between the ownership and regulatory functions of the state. This article offers some policy recommendations that highlight the need to separate the ownership function of the state, increase the independence of supervisory institutions and press ahead with privatisation.http://www.journalssystem.com/gna/Koncepcje-reformy-systemu-nadzoru-nad-spolkami-z-udzialem-Skarbu-Panstwa-w-Polsce,128219,0,2.htmlstate ownershipstate‑owned enterpriseownership supervisionsoe |
| spellingShingle | Dominik Aziewicz Concepts for Reforming Poland’s State-Owned Enterprise Supervision System Gospodarka Narodowa. The Polish Journal of Economics state ownership state‑owned enterprise ownership supervision soe |
| title | Concepts for Reforming Poland’s State-Owned Enterprise Supervision System |
| title_full | Concepts for Reforming Poland’s State-Owned Enterprise Supervision System |
| title_fullStr | Concepts for Reforming Poland’s State-Owned Enterprise Supervision System |
| title_full_unstemmed | Concepts for Reforming Poland’s State-Owned Enterprise Supervision System |
| title_short | Concepts for Reforming Poland’s State-Owned Enterprise Supervision System |
| title_sort | concepts for reforming poland s state owned enterprise supervision system |
| topic | state ownership state‑owned enterprise ownership supervision soe |
| url | http://www.journalssystem.com/gna/Koncepcje-reformy-systemu-nadzoru-nad-spolkami-z-udzialem-Skarbu-Panstwa-w-Polsce,128219,0,2.html |
| work_keys_str_mv | AT dominikaziewicz conceptsforreformingpolandsstateownedenterprisesupervisionsystem |