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...

The article is devoted to multivariate analysis of the degree of social cohesion achieved by the individual countries of the European Union. The definition of social cohesion adopted in the analysis is based on a formula defined in the Europe 2020 plan. In the research the zero unitarization...

The article is devoted to measuring the effectiveness of institutional systems of European Union countries in terms of their relevance to the requirements of the global knowledge-based economy. The theoretical analysis is based on the framework of new institutional economics with special...

Last two decades were a period of significant discussion concerning determinants of effectiveness of fiscal policy. After some cases of expansionary episodes of fiscal consolidations in eighties of XX century, an intensive international research on the possibility of non-Keynesian effects of...

State aid is one of the instruments through which a state can interfere in the economy. Therefore, state aid is a particular instrument of implementing policy. One of the objectives of environmental policy of the European Union is to hold up a climate change. This can be achieved, among others,...

Implementing the concept of sustainable development is one of the major challenges facing the modern world. One of the instruments creating sustainable development might be state aid. State aid has an impact not only on the economic sphere but also the environmental and social sphere. State aid...