Economic Security of Poland

The aim of this research is to create a relatively easy-to-apply, yet complex and complete model for measuring levels of economic security, one that incorporates risks in supply, finance, labor market, technology, sales, economic policy, and mobilization, thus comprehensively evaluating the economic security situation of a country and the danger of risk activation. The development of this conceptual model and the risk groupings was based on several historical and contemporary economic dysfunction and crisis studies (approximately one hundred). The applied methodology takes into account the different risk-averse or risk-tolerant preferences of various societies. It also considers the effect of economic cycles on economic indicators. Meanwhile, simple mathematical calculations ensure ease of application, making it readily adaptable not only for academics and researchers, but also for any governmental entity, or non-governmental organization. With the help of this model and thirteen selected indicators, we subjected Poland’s economic security situation for the period 2010-2019 to comprehensive analysis. We then drew conclusions on how the level of risk in different subsystems changed during this relatively calm period.

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Publication Details

Journal
Pénzügyi Szemle = Public Finance Quarterly
Published
2024-12-19
DOI
https://doi.org/10.35551/pfq_2024_4_6
Primary Topic
Banking, Crisis Management, COVID-19 Impact
Type
article
Field-Weighted Citation Impact
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article

Economic Security of Poland

Jarosław Zelkowski, Mariusz Gontarczyk, Grzegorz Waszkiewicz, Balázs Taksás
Pénzügyi Szemle = Public Finance Quarterly
Banking, Crisis Management, COVID-19 Impact
article

Economic Security of Poland

Jarosław Zelkowski, Mariusz Gontarczyk, Grzegorz Waszkiewicz, Balázs Taksás
article en

Abstract

The aim of this research is to create a relatively easy-to-apply, yet complex and complete model for measuring levels of economic security, one that incorporates risks in supply, finance, labor market, technology, sales, economic policy, and mobilization, thus comprehensively evaluating the economic security situation of a country and the danger of risk activation. The development of this conceptual model and the risk groupings was based on several historical and contemporary economic dysfunction and crisis studies (approximately one hundred). The applied methodology takes into account the different risk-averse or risk-tolerant preferences of various societies. It also considers the effect of economic cycles on economic indicators. Meanwhile, simple mathematical calculations ensure ease of application, making it readily adaptable not only for academics and researchers, but also for any governmental entity, or non-governmental organization. With the help of this model and thirteen selected indicators, we subjected Poland’s economic security situation for the period 2010-2019 to comprehensive analysis. We then drew conclusions on how the level of risk in different subsystems changed during this relatively calm period.

Pénzügyi Szemle = Public Finance QuarterlyVol. 70(4)
Ludovika University of Public Service (HU), Technical University of Cluj-Napoca (RO)
Decent work and economic growth
Openalex Percentile: Top 58%
Banking, Crisis Management, COVID-19 Impact
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