Costs and effects of public aid during the COVID-19 pandemic. EU programmes and Polish anti-crisis shields Cover Image

Koszty i efekty pomocy publicznej podczas pandemii COVID-19. Programy UE oraz polskie tarcze antykryzysowe
Costs and effects of public aid during the COVID-19 pandemic. EU programmes and Polish anti-crisis shields

Author(s): Grażyna Ancyparowicz
Subject(s): Economy, National Economy, Supranational / Global Economy, Business Economy / Management, Economic policy, Government/Political systems, Economic development, Socio-Economic Research
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu
Keywords: makroekonomia;pomoc publiczna;bank centralny;polityka pieniężna;inflacja;tarcza antykryzysowa;
Summary/Abstract: Purpose: The aim of this paper is to prove the thesis that the intervention activities of the Polish government and the central bank during the COVID-19 pandemic were necessary to overcome the economic consequences of the COVID-19 crisis. Methodology: The main research method is the monograph and the research techniques include analysis of legal documents and statistical data on public finance. Findings: The interventionism of the EU, combined with the actions of state institutions and NBP, had a positive impact on GDP dynamics and the labour market. Its negative effect was an increase in public debt and the money supply in the banking system. The imbalance between effective demand and effective supply was an important, yet not sole, cause of the persistent inflation of 2021–2023.

  • Page Range: 9-29
  • Page Count: 21
  • Publication Year: 2024
  • Language: Polish
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