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Public debt management in Poland compared to other countries of the European Union

Author

Listed:
  • Oksana Seroka-Stolka

    (Technical University of Czestochowa)

  • JUSTYNA LUKOMSKA-SZAREK

    (Technical University of Czestochowa)

Abstract

The paper discusses the issues of public debt which is generated by huge expenditure demands in countries without relatively high incomes. The problems connected with allocation and the significance of public debt have often risen much controversy. The process of public debt management has become particularly important in recent years. Both Poland and other European countries started to search for a model which, on the one hand, would contribute to economic growth and development of the country and, on the other hand, would ensure stability and would not shake the foundations of the country. Based on legal regulations and available statistical data for the period of 2004-2014, the level of public debt in Poland and the EU countries was evaluated and analysed. The aim of the paper is to demonstrate public debt management as an important instrument of state policy. Analysis concerned the structure, level and costs of public debt service. The methods of public debt management in Poland were also characterized.

Suggested Citation

  • Oksana Seroka-Stolka & JUSTYNA LUKOMSKA-SZAREK, 2016. "Public debt management in Poland compared to other countries of the European Union," Proceedings of Business and Management Conferences 3406103, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:ibmpro:3406103
    as

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    File URL: https://iises.net/proceedings/3rd-business-management-conference-lisbon/table-of-content/detail?cid=34&iid=021&rid=6103
    File Function: First version, 2016
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    More about this item

    Keywords

    management; public debt; public finance; budget deficit;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises

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