In the year 2015 the European Union has reached the halfway of implementation of Europe 2020 strategy, which is aimed at forming the conditions for sustainable and inclusive economy delivering high levels of employment, productivity and social cohesion. In this context the aim of the paper is to...

The global financial crisis of the years 2008-2010 led to a situation, where long-term mistakes and negligence in the area of fiscal policy, on the one hand may threaten the financial stability of chosen economies of the European Union, as it is exemplified by the threat of bankruptcy of Greece,...

Last global financial crisis has led to massive fiscal stimulation actions in most of developed countries which resulted in significant increase of their public debt. This can be also said about Eurozone or wider EU economies. This factors in near future will force many EU countries to adopt...

The end of the first decade of the XXI century is currently seen mostly from the perspective of global financial crisis that resulted in serious economic downturn in real sphere. The financial markets instability, public finance problems, GDP stagnation and, in the end, recession seriously...

The purpose of the article was to evaluate the relationship between the level of institutional effectiveness in the context of global knowledge economy (KBE) and quality of life for the EU countries in 2004-2010. To measure the intitutional effectiveness authors proposed a synthetic indicator,...

The article concentrates on the problem of the efficiency of the institutional system of the European Union countries in relation to the potential of the knowledge-based economy (KBE) and its impact on quality of life. In order to define the efficiency of the institutional system, the authors...

The article is devoted to measuring the effectiveness of institutional systems of EU countries in terms of their relevance to the requirements of global knowledge-based economy. The main aim of the article is to evaluate the progress obtained by New Member States in the years 2000-2010. The...

Last global financial crisis has led to massive fiscal stimulation actions in most of developed countries which resulted in significant increase of their public debt. For many economists current level of debt in case of many highly developed countries is coming up to unsustainable level or at...

Last global financial crisis resulted in common among developed countries implementation of expansionary fiscal policy as an anti-recession tool. This led to the renewal of academic discussion on stabilization effectiveness of fiscal policy. In this context, the main research goal of this paper...

The article is devoted to measuring the effectiveness of institutional systems of developed countries in terms of their relevance to the requirements of the global knowledge-based economy. The aim of the article is to evaluate the results obtained by Visegrád Group in relations to OECD...