ISSUE: 4/2012

  • Volume 64
  • Number 4
  • 2012

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Studia Europejskie –
Studies in European Affairs

ISSN: 1428-149X
e-ISSN: 2719-3780

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Articles published in the journal are under a Creative Commons Attribution – Non Commercial – No Derivatives 4.0 International License

Trwała destabilizacja finansów publicznych a stopa bezrobocia w wybranych krajach Unii Europejskiej

Permanent Destabilisation of Public Finance and the Unemployment Rate in Selected Countries of the European Union

Abstract

The aim of this study was to identify the relationship between a wrong long-term fiscal policy and the levels of unemployment. The following hypothesis as subject to verification: a high level of unemployment is one of the negative effects of long-term excessive deficit and public debt. The study concerned the years 2000–2011 and used the method of comparative analysis. The group of countries with relatively stable public finance includes: the Netherlands, Denmark, Finland, and Sweden, while countries with unstable public finance are Greece, Portugal, Italy, and Belgium. The countries selected for the analysis were all among the 15 countries of the so-called “old” Member States. The study hypothesis was verified positive. Countries that had a long-term
excessive debt and excessive deficit (exceeding the accepted standards) did not have a lower unemployment rate than the countries which at that time
had a stable and sustainable fiscal policy. The continuous fiscal expansion, which in fact leads to a destabilisation of public finance, did not protect these count ries against high unemployment. At the same time, faced with unexpected external shocks (the crisis), these countries were not adequately prepared
to absorb the negative effects.

Language: Polish

Pages: 95-106

How to Cite:

Harvard

Heller, J. and Kotliński, K. (2012) "Trwała destabilizacja finansów publicznych a stopa bezrobocia w wybranych krajach Unii Europejskiej". Studia Europejskie – Studies in European Affairs, 4/2012, pp. 95-106.

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