“Stability of the public finance sector” in the COVID-19 pandemic
The state of public finances in Poland during the COVID-19 pandemic has been changing dynamically. An analysis of statistical data on public debt (and its components), as well as data related to unmatured obligations, allows to indicate possible areas of a threat to the stability and security of the...
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Format: | Article |
Language: | English |
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Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika
2021-12-01
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Series: | Prawo Budżetowe Państwa i Samorządu |
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Online Access: | https://apcz.umk.pl/PBPS/article/view/36593/30830 |
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author | Wojciech Bożek |
author_facet | Wojciech Bożek |
author_sort | Wojciech Bożek |
collection | DOAJ |
description | The state of public finances in Poland during the COVID-19 pandemic has been changing dynamically. An analysis of statistical data on public debt (and its components), as well as data related to unmatured obligations, allows to indicate possible areas of a threat to the stability and security of the public finance sector. For the purpose of this research two research methods have been mainly used, i.e. the dogmatic and legal method and the analytical method. The Author's intended to emphasize the importance of axiological foundations of the public finance law in a process of establishing and applying this law. He also wanted to present the applicable financial and legal solutions to control a state of public debt in Poland. Author analysed current law, data on the amount of the state public debt, the debt of the State Treasury, as well as unmatured obligations of the State Treasury and public finance sector entities (under sureties and guarantees granted in 2016-2020). Due to the perceived differences, it was also considered necessary to discuss a methodology of calculating public debt in Polish and EU law. This is because in this regard significant changes can be seen, especially during the COVID-19 pandemic. |
first_indexed | 2024-04-12T08:30:00Z |
format | Article |
id | doaj.art-db7c6846ebe4455bad8e54b143fa1c91 |
institution | Directory Open Access Journal |
issn | 2300-9853 2353-7086 |
language | English |
last_indexed | 2025-02-17T09:57:27Z |
publishDate | 2021-12-01 |
publisher | Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika |
record_format | Article |
series | Prawo Budżetowe Państwa i Samorządu |
spelling | doaj.art-db7c6846ebe4455bad8e54b143fa1c912025-01-02T04:51:09ZengWydawnictwo Naukowe Uniwersytetu Mikołaja KopernikaPrawo Budżetowe Państwa i Samorządu2300-98532353-70862021-12-0194698510.12775/PBPS.2021.022“Stability of the public finance sector” in the COVID-19 pandemicWojciech Bożek0https://orcid.org/0000-0002-3939-3759University of Szczecin, PolandThe state of public finances in Poland during the COVID-19 pandemic has been changing dynamically. An analysis of statistical data on public debt (and its components), as well as data related to unmatured obligations, allows to indicate possible areas of a threat to the stability and security of the public finance sector. For the purpose of this research two research methods have been mainly used, i.e. the dogmatic and legal method and the analytical method. The Author's intended to emphasize the importance of axiological foundations of the public finance law in a process of establishing and applying this law. He also wanted to present the applicable financial and legal solutions to control a state of public debt in Poland. Author analysed current law, data on the amount of the state public debt, the debt of the State Treasury, as well as unmatured obligations of the State Treasury and public finance sector entities (under sureties and guarantees granted in 2016-2020). Due to the perceived differences, it was also considered necessary to discuss a methodology of calculating public debt in Polish and EU law. This is because in this regard significant changes can be seen, especially during the COVID-19 pandemic.https://apcz.umk.pl/PBPS/article/view/36593/30830constitutional debt limitpublic debtsuretiesguaranteesstate treasurystability of the public finance sector |
spellingShingle | Wojciech Bożek “Stability of the public finance sector” in the COVID-19 pandemic Prawo Budżetowe Państwa i Samorządu constitutional debt limit public debt sureties guarantees state treasury stability of the public finance sector |
title | “Stability of the public finance sector” in the COVID-19 pandemic |
title_full | “Stability of the public finance sector” in the COVID-19 pandemic |
title_fullStr | “Stability of the public finance sector” in the COVID-19 pandemic |
title_full_unstemmed | “Stability of the public finance sector” in the COVID-19 pandemic |
title_short | “Stability of the public finance sector” in the COVID-19 pandemic |
title_sort | stability of the public finance sector in the covid 19 pandemic |
topic | constitutional debt limit public debt sureties guarantees state treasury stability of the public finance sector |
url | https://apcz.umk.pl/PBPS/article/view/36593/30830 |
work_keys_str_mv | AT wojciechbozek stabilityofthepublicfinancesectorinthecovid19pandemic |