Financial and economic crisis vs. the condition of public finances in new Member States of the EU Cover Image

Kryzys finansowo-gospodarczy a stan finansów publicznych nowych krajów członkowskich UE
Financial and economic crisis vs. the condition of public finances in new Member States of the EU

Author(s): Paweł Kowalik
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: economic growth; financial crisis; public finance; economic integration

Summary/Abstract: Economies of all the twelve ”new” European Union Member Countries have been hard affected by global crisis, on average more than the ”old” members EU or euro area members. However, to measure a degree to which particular Central and Eastern Europe (CEE) economies, Cyprus and Malta have been hit by the crisis, turns out to be very different. The paper presents most important differences in the macro scale on the base of Eurostat data on GDP, unemployment, inflation, public deficit and debt, public expenditure and revenue as a percent of GDP.

  • Issue Year: 2015
  • Issue No: 412
  • Page Range: 134-143
  • Page Count: 10
  • Language: Polish