Dylematy dotyczące polityki fiskalnej w latach 1995–2012 na przykładzie transformujących się krajów Europy Środkowej
Dilemmas of Fiscal Policy in Central and Eastern Europe (1995–2012)

Summary/Abstract: The article discusses the effects of fiscal policy in five countries: Poland, the Czech Republic, Slovakia, Slovenia and Hungary. The analysis compares the rates of economic growth, including changes in per capita GDP expressed in terms of PPS, against the background of the overall level of economic activity, the country’s position on the Doing Business global ranking of economic freedom and the size of public revenue and expenditure. Obtaining optimal conditions for development requires the use in suitable proportions of state intervention and liberal principles. The countries that actively guide the processes of transformation and reform while pursuing a fiscal policy matched to the current level of development are the ones that achieve above average growth levels over a 15–20 year period.

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