Book review: Global Crisis. A first approximation by Wladyslaw Szymanski

Krzysztof Opolski

DOI: lack

Vol no: 4

Return to issue

Return to editions list

It’s been more than 2 years since the subprime mortgage market began a crisis that swept across the world through the United States and the United Kingdom. September 2008 saw the unprecedented collapse of Lehmann Brothers – an icon of investment banks, a symbol whose spectacular failure stirred the financial community around the world.

Krzysztof Opolski, Recenzja książki: Kryzys globalny. Pierwsze przybliżenie autorstwa Władysława SzymańskiegoPobierz

Regional development policy and practice in the context of EU cohesion policy implementation

Mirosław Grochowski, Grzegorz Rzeźnik

DOI: lack

Vol no: 4

Return to issue

Return to editions list

The article presents selected issues related to the formulation and implementation of regional policy in Poland in the pre-accession period and in the period of membership in the European Union. The organizational and legal changes concerning the competencies and tasks of various levels of public administration in regional policy issues that have occurred in Poland since 1999 are characterized. The ongoing discussion on the future of cohesion policy at the European and national forums is discussed.

Mirosław Grochowski, Grzegorz Rzeźnik, Polityka i praktyka rozwoju regionalnego w kontekście realizacji polityki spójności UE – próba oceny na przykładzie MazowszaPobierz

Undertakings of the Mazovian local government in the face of the contemporary crisis

Adam Struzik

DOI: lack

Vol no: 4

Return to issue

Return to editions list

The article presents the situation of the Mazovian province in connection with the economic crisis. It turns out that in 2009 the profitability of companies in Mazovia fell sharply. This phenomenon led to the deterioration of the labor market in the region, lower budget revenues of the Mazowieckie Voivodeship Government, especially from participation in corporate income tax.

Adam Struzik, Przedsięwzięcia Samorządu Mazowsza w obliczu współczesnego kryzysuPobierz

Manifestations of the crisis in the socio-economic development of Polish regions

Zbigniew Strzelecki

DOI: lack

Vol no: 4

Return to issue

Return to editions list

The article presents the main causes of the global crisis in the light of the ongoing scientific discussion, considering the sources, depth, scope and consequences of the crisis. It allowed the author to conclude that its causes are much deeper than most researchers indicate.

Zbigniew Strzelecki, Przejawy kryzysu w rozowoju społeczno-gospodarczym polskich regionówPobierz

Infrastructure investment as an instrument to stimulate the economy in crisis conditions

Krzysztof Perdzyński, Sławomir Listkiewicz

DOI: lack

Vol no: 4

Return to issue

Return to editions list

The article presents the causes and course of the current financial crisis and the impact of perturbations in global financial markets on the Polish economy, particularly on the conditions for public entities to make investments. The crisis in Poland was exogenous, so far not requiring direct state action to rescue financial institutions.

Krzysztof Perdzyński, Sławomir Listkiewicz, Inwestycje infrastrukturalne jako instrument pobudzenia gospodarki w warunkach kryzysuPobierz

U.S. policy mix in countering the aftermath of the financial market collapse

Bazyli Samojlik

DOI: lack

Vol no: 4

Return to issue

Return to editions list

For the first time in the history of central banking, the U.S. central bank FED has assumed the main burden of restoring the normal operation of financial markets. Financial markets are integrated parts of the global financial market, but the interdependence between segments of the global financial market is not feedback. The efficient operation of one segment of the financial market does not mean that efficiency occurs in another segment of the financial market.

Bazyli Samojlik, Amerykańska policy mix w przeciwdziałaniu następstwom załamania rynków finansowychPobierz

Crisis and its impact on the level of wealth of nations

Krzysztof Opolski, Tomasz Potocki

DOI: lack

Vol no: 4

Return to issue

Return to editions list

The article illustrates the origins and effects of the financial crisis on wealth worldwide. The authors, based on research by Capgemini and Merrill Lynch and Pricewaterhouse Coopers, among others, show what effects in financial terms the crisis has brought to the group of the richest, ak demographic distribution of wealth, what the process of its migration in the world looks like, who are the winners and who are the losers of the crisis.

Krzysztof Opolski, Tomasz Potocki, Kryzys i jego wpływ na poziom bogactwa narodówPobierz

Real estate as a determinant of regional and global development trends

Elżbieta Mączyńska

DOI: lack

Vol no: 4

Return to issue

Return to editions list

By definition, real estate is characterized by its non-movability and permanence. In contrast, an increasingly globalizing world is increasingly “wandering” and evolving toward an “economy of impermanence” [Kolodko 2008]. Real estate and real estate investing, on the other hand, inherently require a longer-term view. Hence, one of the important challenges in today’s economy is the rational, efficient reconciliation of these opposing trends.

Elżbieta Mączyńska, Nieruchomości jako wyznacznik trendów rozwoju regionalnego i globalnegoPobierz

The economic crisis of 2008 – a historical perspective

Wojciech Morawski

DOI: lack

Vol no: 4

Return to issue

Return to editions list

The financial crisis of 2008 will occupy a place in history similar to that of the Great Depression of the 1930s or the oil crises of the 1970s. It is not a temporary downturn, but a solstice that changes the balance of power in the world economy.

Wojciech Morawski, Kryzys gospodarczy 2008 roku – perspektywa historycznaPobierz