Post-crisis economic policy : innovation based growth

• Autorzy: Adam Glapiński
• Języki publikacji: EN

Abstrakty

EN

Crises are not only natural but also indispensable in the capitalist market system. It is during the crisis when there is a natural selection of the most effective organisational, institutional and technological solutions. The decline in the growth dynamics is a crucial problem in highly developed economies. The task of an abrupt business recovery of innovativeness requires the implementation of reforms and restructuring on the basis on a new economic paradigm. Business policy based on the public sector growing deficit and low interest rates leading to fiscal crisis and inflation should be replaced by the policy stimulating entrepreneurship and innovation through fiscal stimuli. This policy has to include the facilitations in the area of establishment and liquidation of companies, labour market liberalisation, tax and credit stimulation of innovation, organisation and financing of high standard education and science, and at the same time due care of employment and use of the human factor. (original abstract)

Słowa kluczowe

PL

Kryzys gospodarczy; Polityka gospodarcza

EN

Economic crisis; Economic policy

• Czasopismo: Journal of Management and Financial Sciences
• Rocznik: 2011
• Tom: 4
• Numer: nr 5
• Strony: 7-15

Twórcy

autor

Adam Glapiński

• Szkoła Główna Handlowa w Warszawie

Bibliografia

• Alchian A. A., Uncertainty, evolution and economic theory of economic change, Cambridge, Mass., 1982.
• Attali J., Zachód 10 lat przed totalnym bankructwem?, Warsaw 2010.
• Bernstein P., Capital ideas evolving; New York 2005.
• Boston Consulting Group, Regaining Lost Ground: Global Wealth 2010, http://www.bcg.com.cn/en/newsandpublications/reports/report201012022001.html
• De Soto J. H., Pieniądz, kredyt bankowy i cykle koniunkturalne, Warsaw 2009.
• Ferguson N., Potęga pieniądza, Kraków 2008.
• Ferguson N., Wyman O., The evolution of financial services: making sense of the past, preparing for the future, London-New York 2007.
• Konopczak M., Sieradzki R., Wiercicki M., Kryzys na światowych rynkach finansowych - wpływ na rynek finansowy w Polsce oraz implikacje dla sektora realnego, "Bank i Kredyt", No. 41, 2010, pp. 45-70.
• Merrill Lynch Global Wealth Management i Capgemini, 14 World Wealth Report, http://www.capgemini.com/insights-and-resources/by-publication/world-wealth-report-2010.html
• Narodowy Bank Polski, Polska wobec światowego kryzysu gospodarczego, September 2009, http://nbp.pl/publikacje/polska_wobec_swiatowego_kryzysu_gospodarczego_2009.
• Phelps E. S., Post-Crisis Economic Policies:Ideas for Restructure, http://capitalism.columbia.edu/files/ccs/Center7thAnnualConfIntro2009Dec11rev.pdf
• Phelps E. S., Letter to Gordon Brown (G20), http://capitalism.columbia.edu/ files/ccs/Center6thAnnualConfIntro2009Dec11rev.doc
• Schumpeter J. A., Kapitalizm, socjalizm, demokracja, Warsaw 2009, Teoria rozwoju gospodarczego, Warsaw 1960.
• Schumpeter J. A., Kapitalizm, socjalizm, demokracja, Warsaw 2009.
• Yudkowsky E., Cognitive biases potentially affecting judgment of global risks, in: N. Bostrom, M. Cirkovic, Global catastrophic risks, Oxford 2008, chapt. 5.
• Żółkiewski Z., Huerta de Soto J., Pieniądz, kredyt bankowy i cykle koniunkturalne, "Bank i Kredyt", No. 41, 2010, pp. 139-149