This pioneering study uses the latest available data to examine the internationalization of regulation and regulatory reform.

This book argues that privatization of the government-sponsored enterprises is the only viable way to protect the taxpayers and the economy.

Environmental economics assumes that reliance on price signals, adjusted for externalities, normally leads to efficient solutions to environmental problems. We explore a limiting case, when market volatility created “mixed signals”: waste paper and other recycled materials were briefly worth...

The study discusses the issue of fulfillment by Poland of the so-called fiscal convergence criteria, concerning public debt and public deficit, based on the regulations of the European and Polish financial laws, as well as in the context of their economic character.

The aim of this paper is to analyze the relation between the utilization of the potential of the new global economy and the level of the operational activity of governments in highly developed countries. The empirical study was based on the following thesis

J.E. Stiglitz claims that the state should intervene only in cases when it has possibility to reduce market failure. He postulates government and market co-operation, what can result in their reinforcement and effective solutions for social problems. Whereas, B.S. Frey notices that only a...

One of the essential problems of economics is still a matter of state intervention. It differs economists for supporters and opponents of the interventionist policy. In the study the authors made an attempt to point at reasons for self-government appearance and its tasks in the light of market...

An initial aim of the article is to specify when path dependency leads to undermining the efficiency of the market. The possibility of lowering the effectiveness of the market allocation mechanism leads towards consideration of reduction of negative consequences of path dependency by government....

The article deals with the phenomenon of second economy, underground or subterranean economy, unofficial economy, unrecorded economy, informal economy, cash economy etc., which has been assessed here as a function of a given mix of economic policies.