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Economic Security of Poland

Author

Listed:
  • Taksás, Balázs
  • Waszkiewicz, Grzegorz
  • Gontarczyk, Mariusz
  • Zelkowski, Jarosław

Abstract

The aim of this research is to create a relatively easy-to-apply, yet complex and complete model for measuring levels of economic security, one that incorporates risks in supply, finance, labor market, technology, sales, economic policy, and mobilization, thus comprehensively evaluating the economic security situation of a country and the danger of risk activation. The development of this conceptual model and the risk groupings was based on several historical and contemporary economic dysfunction and crisis studies (approximately one hundred). The applied methodology takes into account the different risk-averse or risk-tolerant preferences of various societies. It also considers the effect of economic cycles on economic indicators. Meanwhile, simple mathematical calculations ensure ease of application, making it readily adaptable not only for academics and researchers, but also for any governmental entity, or non-governmental organization. With the help of this model and thirteen selected indicators, we subjected Poland’s economic security situation for the period 2010-2019 to comprehensive analysis. We then drew conclusions on how the level of risk in different subsystems changed during this relatively calm period.

Suggested Citation

  • Taksás, Balázs & Waszkiewicz, Grzegorz & Gontarczyk, Mariusz & Zelkowski, Jarosław, 2024. "Economic Security of Poland," Public Finance Quarterly, Corvinus University of Budapest, vol. 70(4), pages 117-141.
    • Handle: RePEc:pfq:journl:v:70:y:2024:i:4:p:117-141
    DOI: https://doi.org/10.35551/PFQ_2024_4_6
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    File URL: https://unipub.lib.uni-corvinus.hu/10841/
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    More about this item

    Keywords

    economic security; Poland; supply security; financial security; technological security;
    All these keywords.

    JEL classification:

    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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