Title:

NBP, baza monetarna i stagnacja polskiej gospodarki

Group publication title:

Prace Naukowe Akademii Ekonomicznej im. Oskara Langego we Wrocławiu

Title in english:

National Bank of Poland, Monetary Base and Stagnation of Polish Economy

Creator:

Więznowski, Artur

Description:

Prace Naukowe Akademii Ekonomicznej we Wrocławiu. Ekonomia i Międzynarodowe Stosunki Gospodarcze (11); 2005; nr 1077, s. 21-27

Abstrakt:

A thesis that intentional decreasing of monetary base by NBP was one of important factors responsible for slowing down of Polish economy in the years 2001-2002 is formulated and verified in the article. To keep the money supply dynamics and inflation inside a stated target, NBP decided to shrink the monetary base. Unfortunately, a big part of Polish economy uses bank money only in limited amounts and dominated by cash as medium of exchange. It is why NBP policy touched countryside, small towns and small and medium enterprises most. The author tries to prove that not only aggregates money supply is important for the economy, but also its structure. The analysis of data for chosen developed economies indicated as well, that the absolute decrease in monetary base was a rare event and was accompanied by unpleasant consequences in the form of increase in unemployment and slow down of the growth.

Publisher:

Wydawnictwo Akademii Ekonomicznej im. Oskara Langego we Wrocławiu

Place of publication:

Wrocław

Date:

2005

Resource Type:

artykuł

Language:

pol

Relation:

Prace Naukowe Akademii Ekonomicznej im. Oskara Langego we Wrocławiu; 2005; nr 1077 ; Ekonomia i Międzynarodowe Stosunki Gospodarcze, 11

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Coverage:

Projekt dofinansowany ze środków budżetu państwa, przyznanych przez Ministra Nauki w ramach Programu Społeczna odpowiedzialność nauki II. Tytuł projektu: Nauka dla Społeczeństwa: Prace Naukowe AEW w otwartym dostępie (2005-2008)