Państwo we współczesnej gospodarce światowej. Wybrane zagadnienia
The State in Contemporary Global Economy - Selected Issues

Summary/Abstract: The 2007+ financial crisis and the depression in real sphere of many economies important for the world economy has led to many initiatives directed against the negative effects of the crisis. The state and its institutions played the most important role in anti-crisis actions. At the beginning states concentrated on fiscal and monetary policy measures aiming to help national economic subjects. In other words, the challenges of early 21st century changed common opinion on the position and the importance of the modern state. Quickly, however, it has become clear that such help is not sufficient. The advanced level of international cooperation and interdependence between micro- and macroeconomic subjects have led to the situation in which single states could not take effective action against crisis phenomena that were not only initiated in their economies but also imported. In such conditions we can observe the emergence of new international initiatives such as G20, Financial Stability Council, the new European Financial Supervision Sys- tem or European instruments for financial stability, including the fiscal pact, which was preliminary agreed on during the December summit of the European Coucil. All those actions are, unfortunately, designed as short-term and emergency measures. They do not aim for longer time frame. There is no debate on doctrinal foundations of the contemporary global economy. The actions described in this text also fit into that pattern, as they are only an attempt at addressing the problems and not an initiative which has pre-dated the contemporary crisis phenomena.

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