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Lubiński Marek (Szkoła Główna Handlowa w Warszawie)
Polityka fiskalna wobec kryzysu finansowego : próba oceny
Fiscal Policy at a Time of Financial Crisis : an Overview
Gospodarka Narodowa, 2010, nr 9, s. 1-23, rys., tab., bibliogr. 60 poz.
Słowa kluczowe
Kryzys finansowy, Polityka pieniężna, Cykl koniunkturalny, Polityka stabilizacyjna, Polityka fiskalna
Financial crisis, Monetary policy, Business cycles, Stabilisation policy, Fiscal policy
Celem opracowania jest ocena z perspektywy teoretycznej reakcji polityki fiskalnej na kryzys finansowy zapoczątkowany na przełomie lat 2006-2007 w Stanach Zjednoczonych, który przybrał następnie charakter globalny i przeniósł się na sferę realną, wywołując mniej lub bardziej energiczny odzew administracji, władz ustawodawczych i monetarnych większości krajów. (fragment tekstu)

The article aims to evaluate, in theoretical terms, the fiscal policyresponse to the international financial crisis that began in 2007. The evaluation is based on a debate on the stabilization policy conducted after World War II, and on views formulated in research reports during the latest crisis. The main conclusion is that the reaction of the authorities to the crisis contradicts previously formulated theoretical recommendations. The most visible sign was the extensive use of fiscal policy measures. Theoretical recommendations were disproved in practice, largely due to political considerations. The key drawback of fiscal intervention was the lack of an assessment of the long-term implications of the move, with uncertain short-term effects. According to Lubiński, the crisis became an excuse for an inconsiderate public policy that served politicians and private interest groups. In a dubious arrangement, financial institutions were supported at the expense of taxpayers, despite the lack of public approval. The role of the government should be to ensure the proper functioning of the financial system, instead of rescuing it in the event of difficulties, Lubiński says. Another problem is posed by unclear regulations for discretionary action. (original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka Szkoły Głównej Handlowej w Warszawie
Biblioteka Główna Uniwersytetu Ekonomicznego w Katowicach
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Biblioteka Główna Uniwersytetu Ekonomicznego we Wrocławiu
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