@misc{Staszewski_Bartosz_Odporność_2020, author={Staszewski, Bartosz}, copyright={Copyright by Uniwersytet Wrocławski}, address={Wrocław}, howpublished={online}, year={2020}, publisher={Uniwersytet Wrocławski. Wydział Prawa, Administracji i Ekonomii}, language={pol}, abstract={In just over a decade the world suffered from two deep, systemic crises: the global financial crisis and COVID-19 epidemic crisis. Growing exposure to unknown systemic risks, the challenge of recovery once the epidemic is contained, and long-term pressures (such as climate change, ageing, increasing economic inequalities), centres the debate on public governance around resilience of the state. This is a multidimensional concept which includes also fiscal resilience, that is the ability of the state to mobilise resources and finance the absorption of adverse events, recovery and proactive adaptation to new circumstances. This article attempts to define, decompose and operationalise fiscal resilience in the budgetary governance context, and subsequently assess the adequacy of some traditional fiscal indicators and budgetary institutions to post-COVID challenges. The analysis of COVID-19 as a systemic risk with significant fiscal implications points to certain systemic gaps in traditional approach to budgetary governance. These can be addressed by augmenting fiscal rules with the concept of public net worth, adopting a balance sheet approach in managing public finances and implementing priority-oriented models of budgeting.}, title={Odporność fiskalna : analiza wpływu epidemii COVID-19 na zarządzanie budżetowe}, type={text}, keywords={fiscal resilience, budgetary governance, COVID-19}, }