Increase of public finance importance in conditions of financial crisis – is it just a rule? | Forum Scientiae Oeconomia
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    Published : 2013-06-14
    Vol. 1 No. 1 (2013)

    Increase of public finance importance in conditions of financial crisis – is it just a rule?

    Agnieszka Jachowicz



    Abstract

    The article brings up problems of public finance importance in the period of a financial crisis. The growing role of the state in the process of alleviating the economic cycle as well as consequences of such policy have been presented by showing a budget as a main stabilizing instrument of public finance. The next problems that caused the crisis on the territory of European Union have been mentioned in this paper. The final part of the article presents reforms propositions in the system of economic management suggested by the European Commission in order to limit possibilities of further getting into debts of member countries.

    Keywords:

    crisis, economics, public finance, euro zone, budget, fiscal treaty



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    Jachowicz, A. (2013). Increase of public finance importance in conditions of financial crisis – is it just a rule?. Forum Scientiae Oeconomia, 1(1), 37–54. Retrieved from https://ojs.wsb.edu.pl/index.php/fso/article/view/87

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