This paper recognizes vested interests as one of the primary premises that reduce the effectiveness of privatization policy, stall its momentum and produce structural problems in the long-run. Both exogenous and endogenous drawbacks are cited, but the main focus is put on the dynamism of vested...

This paper concerns the problem of corporate credit in Poland and tries to determine the sources of banks’ unexpected hesitance to provide enterprises with additional liquidity, which was observed during the global financial crisis. It differentiates between fundamental and non-fundamental...

The paper tackles the problem of the overwhelming regulatory burden that marks its presence in a post-crisis environment. With evidence of regulatory overload in some cases, paths for more effective design of regulatory frameworks should be sought. Although self-regulation does not enjoy...

This master/second-cycle dissertation concerns the problem of corporate credit in Poland and tries to determine the sources of banks’ unexpected hesitance to provide enterprises with additional liquidity, which was observed during the global financial crisis. It differentiates between...

The paper features one of the most calling interrelation in today’s pension universe, namely the interplay between regulatory activity and future pensioners’ wealth. The paper attempts to explore this tradeoff, casting a closer glance solely at portfolio-related regulatory measures and...

The paper illustrates, on the grounds of Poland’s case, the concrete roads network development in a jurisdiction dominated by asphalt roads. The author reviews typical drawbacks apparent when promoting concrete roads, and identifies several most arresting phenomena that have led to the current...

One of the cornerstones of far-sighted infrastructure management is that it involves a life-cycle consideration, as endorsed notably by the U.S. Federal Highway Administration. Decisions on investments should be considered in terms of product performance over time. In spite of the initial...